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Qantas shares have hit a record low as investors continue to desert the company because of its financial woes. Qantas shares were worth 96.5 cents at the close of trade on Tuesday, below the previo..
The Australian share market has closed almost flat, with investors running out of steam after a strong start. OptionsXpress market analyst Ben Le Brun said investors were still looking for assuranc..
The Australian stock market has pushed higher as bargain hunting investors take advantage of the previous day's sell-off. CMC Markets chief market analyst Ric Spooner said the local market had push..
Billabong's new boss has vowed to make the struggling surfwear brand cool again.Neil Fiske's seven-point plan to turn around the 40-year-old clothing retailer includes a 25 to 30 per cent reduction in..
Home loan approvals rose for the ninth time in 10 months as the housing sector strengthens, benefitting from record low interest rates.Home loan approvals rose 1.0 per cent in October, and the value o..
Seven Group Holdings subsidiary WesTrac China will pay $US130 million ($A143.13 million) to acquire Caterpillar Global Mining's distribution and support business in north-east China. WesTrac, which..
The US dollar has fallen against the euro as traders debate whether the Federal Reserve would move soon to reduce its huge monetary stimulus. The euro rose to $US1.3737 around 2200 GMT on Monday (0..
Dexus Property Group has upgraded its earnings guidance as a result of a buyback of securities and the net impact of Dexus' investment in the Commonwealth Property Office Fund (CPA).Dexus also says it..
The Australian market looks set to open flat following rises on international markets after surprisingly strong US jobs figures. At 0653 AEDT on Tuesday, the December share price index futures cont..
