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Alumina Ltd recorded a 53 per cent increase in first-half profit but the aluminium maker's stocks slumped after failing to meet broker's estimates.There are also concerns about long-term demand for al..
China's politically sensitive trade surplus expanded to $US31.48 billion ($A30.36 billion) in July as exports rose by a fifth to hit a new record high. Exports were up 20.40 per cent year on year t..
Developer Stockland is banking on a resumption in consumer spending to drive earnings growth and says Australia's cooling house prices won't result in a market correction. Stockland said on Wednesd..
Commonwealth Bank of Australia (CBA) says the outlook for year ahead is modest due to weak demand for loans and global market volatility.CBA's somewhat restrained outlook came after the bank reported ..
Share registry services provider Computershare says it is cautious about its outlook for the current financial year due to market volatility. Computershare on Wednesday reported a 10.4 per cent fal..
The US Federal Reserve guaranteed super-low interest rates for two more years - an unprecedented step to arrest the alarming decline of the stock market and the economy. Wall Street roared its appr..
Stocks to watch on the Australian stock exchange on Wednesday:BKN - BRADKEN LTD - down 19 cents at $7.50Mining and rail equipment maker Bradken has reported a decline in full year net profit but flagg..
The head of the European Central Bank Jean-Claude Trichet on Tuesday called on Italy and Spain to hasten their return to "normal" budgetary situations and on leaders of the wider eurozone to speed up ..
US stocks rebounded strongly on Tuesday, with the Dow jumping nearly four per cent after plummeting Monday on the shock of Standard & Poor's downgrade of the US credit rating. The Dow Jones Ind..
Australian shares closed 2.7 per cent higher, extending their remarkable turnaround the day before, as the market held on to gains triggered by a positive overnight session on Wall Street.On Wednesday..
Retail king Gerry Harvey has warned that many retailers may close their doors for good as the toughest conditions in half a century get worse.Mr Harvey's bleak outlook came as Harvey Norman announced ..
