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Australian shares finished slightly higher as investors moved back into iron ore focused stocks amid softness in other sectors. At the close of trade on Friday, the benchmark S&P/ASX200 index w..
Australian bond futures prices are slightly lower on a day of low trading volumes with no local economic data to give investors direction. Westpac senior market strategist Damien McColough said the..
ANZ Banking Group has joined the other majors in not passing on the central bank's cash rate cut in full, after it reduced its standard variable rates on home loans by only 20 basis points. ANZ sai..
Two Chinese entities proposing a takeover of minerals explorer Discovery Metals say they are disappointed by Discovery's rejection. Australian-based Discovery is focused on the exploration and deve..
Airline Emirates has admitted it illegally engaged in price-fixing in a global air-freight cartel and has been fined $10 million by Australia's Federal Court. Emirates settled and admitted to the t..
Construction group Leighton Holdings has won a $US74 million ($A72.47 million) contract to build the first proton cancer therapy centre in Saudi Arabia. Proton therapy is a form of radiation used t..
After more than a week of speculation, private equity firm TPG has withdrawn its $694.5 million takeover offer for troubled retailer Billabong, causing its share price to plummet. The surfwear reta..
News Corporation looks set to strengthen its position in Australia's pay-TV industry after the competition regulator said it would oppose any potential acquisition of Consolidated Media Holdings from ..
