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Australian stocks have closed flat after a directionless day's trade, with gains among the big miners offset by weakness in the consumer staples sector. At 1615 AEDT on Thursday, the benchmark S&am..
Shares in Iluka Resources plunged after the mineral sands miner revealed sales of one of its key products almost stopped in the second half of the year. Iluka posted a surprise update to the Austra..
National Australia Bank (NAB) has dodged a first strike over executive pay, but shareholders are unimpressed with moves to rein in bonuses as the bank's UK business languishes. Key directors surviv..
The Reserve Bank's interest rate should be cut in the new year to boost ailing consumer and business confidence, Westpac chief executive Gail Kelly says. But the weak economic conditions are not ha..
US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month. The grains marketer on Thursday said it had rejected ADM's sweeten..
Global giants ExxonMobil and BHP Billiton will spend $1 billion upgrading the Longford gas plant in Victoria in a project that will create about 250 construction jobs. The 43-year-old plant supplie..
Australian sales of new motor vehicles, seasonally adjusted, in November were virtually unchanged on the previous month's figures, official data shows. In the month, 95,748 new vehicles were sold, ..
Stocks to watch on the Australian stock exchange on Thursday December 13 AQA - AQUILA RESOURCES LTD - up 31 cents, or 12.7 per cent, at $2.75 Aquila said arbitration for its West Pilbara Iron or..
US stocks closed mostly flat on Wednesday after the Federal Reserve announced, as expected, an expansion of bond purchases to support the sluggish economy. After a surge on the Fed's announcement o..
