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The Australian share market has closed lower, after some bad news about the largest bank in the US, JPMorgan Chase, spooked investors. On Friday, the benchmark S&P/ASX200 index was down 10.5 po..
China's economy is slowing further, defying hopes it may have "bottomed out", with data for April showing sharper than expected declines in investment and industrial production. Data released by th..
The competition watchdog has launched an inquiry into APA's competition undertakings that it proposes for its takeover of rival Hastings Diversified Utilities Fund. The Australian Competition and C..
Slater & Gordon says it will book a $10 million non-cash writedown after the High Court decided not to grant its client leave to appeal a full Federal Court decision in the Vioxx class action. ..
Alesco has again urged its shareholders to take no action on the $188 million takeover offer from Dulux Group. The paint and garden-care products supplier released its bidder's statement on Thursda..
Australia's banking watchdog says outsourcing does not always lead to cost savings, rather it can lead to higher costs and a loss of expertise. Australian Prudential Regulation Authority (APRA) cha..
ANZ has become the last of the big four banks to pass on some of the Reserve Bank of Australia's (RBA) interest rate cut. ANZ trimmed its standard variable home loan and business lending rates on F..
Telstra Corporation has appointed a senior executive from within its ranks as chairman of pay-TV provider Foxtel. Robert Nason, Telstra's group managing director of business service and improvement..
US stocks mostly have bounced back slightly after a six-day losing streak, amid hopes that Greece's moderate socialists might be able to form a government and avoid a new eurozone debt crisis. But ..
