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The Australian share market has closed slightly weaker as investors sold off defensive and high yielding financial stocks after a couple of days of gains. CommSec market analyst Steve Daghlian desc..
India's Adani is confident of providing an extra 10 million tonnes a year of coal capacity for virtually no cost at Queensland's Abbott Point coal port to douse worries about infrastructure bottleneck..
Leighton Holdings fears the early loss of a mining contract at BHP Billiton's Peak Downs coking coal mine will cost it up to $260 million. Leighton announced on Wednesday that the BHP Billiton Mits..
Stocks to watch on the Australian stock exchange at noon on Wednesday: BBG - BILLABONG - down 19 cents, or 26 per cent, to 54 cents Shares in troubled surfwear retailer Billabong have dived to r..
Energy company Santos believes it will win community support for coal seam gas in NSW with a plan to supply a quarter of the state's gas needs from new wells in the remote Pilliga state forest.Santos ..
British entrepreneur Sir Richard Branson is selling his Virgin Money financial services business in Australia to Bank of Queensland in a $40 million deal.Under the deal, the bank will have exclusive u..
The RBA is painting a positive outlook for Australia's economy, despite the end of the mining investment boom nearing and the high dollar weighing on growth. RBA assistant governor of economics Dr ..
The water drained from Billabong as the surfwear retailer's shares plummeted on the back of a cut-price $287 million takeover proposal.Billabong's shares plunged nearly 30 per cent, hitting record low..
The Dow Jones Industrial Average shook off early weakness on Tuesday and pressed through to another record close, led by strong gains in tech shares Microsoft and Intel. The Dow rose 59.98 points (..
