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The Australian share market has closed slightly higher as investors digested economic data from the United States and China. On Monday, the benchmark S&P/ASX200 index rose eight points, or 0.18..
Pacific Brands' senior executives have had their pay packets frozen and incentives cut following a blowout in losses at the struggling clothing maker. In the company's annual report released on Mon..
Australian bond futures prices have moved higher amid weaker domestic data and hopes of a fresh stimulus package in the US. ANZ head of interest rate research Tony Morriss said market expectations ..
New Zealand shares rose, led by Fisher & Paykel Appliances, which soared to a four-year high after major shareholder Haier of China indicated it may buy the whole company. The NZX 50 Index rose..
Fears of the mining boom's end gained further strength after 900 coal mining jobs were slashed by global giants BHP Billiton and Xstrata's Australian operations. At least half of the job losses are..
Senior executives at Lend Lease's construction company Abigroup have stood aside because of potential omissions of profits and costs from its financial reports. Senior management at Lend Lease foun..
Four interest rate cuts in 10 months have failed to lure to would-be home buyers into the housing market. The number of home loans approved in July fell one per cent, according to figures released ..
Australian building products maker Boral has appointed the 61-year-old head of US operations as its new chief executive. Mike Kane starts officially in the head role on October 1, replacing interim..
Bendigo and Adelaide Bank's executives had their bonuses scrapped in the 2011/12 financial year as the bank's net profit dropped by 43 per cent. The bank's annual report, released on Monday, shows ..
Qantas Airways chief executive Alan Joyce says the airline's proposed deal with Emirates will increase competition in the Australian market. As Australian Competition and Consumer Commission (ACCC)..
US stock markets have turned a weak jobs report into positive news, ending higher on expectations that the data will lead to new Federal Reserve efforts to help the economy. The markets added to Th..
