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Australian shares rose more than one per cent after US data topped market expectations and a debt deal from Europe boosted hopes for the global economy. European leaders on Friday agreed to enforce..
Falling commodity prices and growing demand for imports saw Australia's trade surplus narrow in October. The trade surplus narrowed to $1.595 billion in October compared to $2.249 billion for the p..
Whitehaven Coal will buy billionaire Nathan Tinkler's Aston Resources to form Australia's largest independent coal company worth $5.1 billion. The takeover, which values Aston at about $2.25 billio..
China Petrochemical Corp (Sinopec) has paid about $1 billion to increase its stake in the Australia Pacific liquefied natural gas (LNG) project. It has also agreed to buy another 3.3 million tonnes..
Home loans by value fell in October and remained flat over the year, suggesting the housing sector remains stagnant. The Australian Bureau of Statistics (ABS) said on Monday that total housing fina..
News Ltd chief operating officer Peter Macourt is leaving the media company at the end of the year. Mr Macourt had been responsible for overall management of News Ltd's complex and diverse operatio..
Qantas is continuing with plans to establish a premium Asian airline despite its own gloomy outlook for the global economy. Already under pressure from its loss-making international operations, Qan..
Wesfarmers anticipates a $190 million writedown in its Coregas business as a result of amendments to its contracts with BlueScope Steel. The gas company is in negotiations with BlueScope for the su..
(Reissues to correct day reference in first par) SYDNEY, Dec 12 AAP - Stocks to watch on the Australian stock exchange on Monday: AGK - AGL ENERGY LTD - down 17 cents at $14.42 Hunter Valley ..
A roundup of trading on major world markets: NEW YORK - A deal to forge stronger ties between most of Europe's economies sent stocks sharply higher Friday as hopes grew that the region is close to ..
