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Australian shares closed half a per cent weaker amid renewed worries about European debt. At the close, the benchmark S&P/ASX200 index was down 19 points, or 0.44 per cent, at 4,285.6 points, w..
Tiger Airways says it is unable to be profitable in Australia when limited to just 22 daily flights a day, under restrictions imposed after the forced grounding of the airline's fleet earlier this yea..
US-focused thermal coal explorer County Coal has made a stellar debut on the Australian stock exchange. Shares in the company were up 32 cents, or 80 per cent, at 72 cents at 1553 AEDT on Tuesday c..
Mortgage lending increased in October, but it was too early to say if it was because of the Melbourne Cup day rate cut, Commonwealth Bank's boss says. A second rate cut would typically be needed to..
Europe's financial turmoil could inflict some pain on Ramsay Health Care's fledgling private hospital business on the continent but the company remains committed to expanding there. Speaking after ..
The Reserve Bank of Australia (RBA) has not given any indication that it will cut interest rates again in the coming months. The RBA cut the cash rate from 4.75 per cent to 4.5 per cent at its Nove..
Industrial services company Spotless Group says it has not received any new private equity takeover proposal. According to a report in The Australian Financial Review, private equity fund Pacific E..
US billionaire Warren Buffett says his Berkshire Hathaway investment firm has bought $US10.7 billion ($A10.4 billion) worth of shares in information technology giant IBM since March. Buffett told b..
Origin Energy will raise $500 million through a note issue to help fund its contribution the the Australia Pacific liquified natural gas (LNG) project. Origin has lodged a prospectus with the Austr..
A roundup of trading on major world markets: NEW YORK - US stocks fell Monday as wary markets kept an eye on political changes in Greece and Italy aimed at tackling the eurozone debt crisis. The..
