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Anyone wondering why the economy feels a bit soft at the moment need go no further than two sets of economic data released on Thursday. One was the Westpac-Melbourne Institute Consumer unemployment..
China has soared almost to the top of the world's economic league tables, but whether the official data underpinning its status can be trusted is a constant headache, analysts say. Simmering unease..
Property firm Goodman Group is keeping its money in its pockets in case acquisition opportunities arise. Goodman, which on Thursday booked a rise in annual operating profit of 17 per cent, said gea..
Lenovo Group, the world's biggest personal computer maker, says its quarterly profit rose 23 per cent as sales of smartphones and other mobile devices doubled. Lenovo said Thursday it earned $US174..
Bank of Queensland will refund 38,000 customers about $34.5 million after they were overcharged in fees and underpaid in interest. The bank will also incur additional remediation costs of $11.5 mil..
Wesfarmers has lifted its net profit six per cent in the 2012/13 financial year. The company has made a net profit of $2.26 billion during the year, up from $2.12 billion in the 12 months. Coles..
Australian stocks have opened slower on the back of disappointing data out of the United States. The market dropped 13.2 points, or 0.26 per cent, to 5,127.8 on Thursday morning. IG markets anal..
The head of Coles says Australians are still paying too much for groceries, even as it posted a $1.5 billion full year profit.A 13 per cent rise in earnings from Coles helped its parent company Wesfar..
The new chief executive of AMP says the company needs to adapt to the changing ways people are handling their money and investments.Craig Meller will take over as CEO of the wealth manager on January ..
US stocks have opened lower following mixed economic data and disappointing earnings outlooks from Dow components Cisco and Walmart.Five minutes into trade on Thursday, the Dow Jones Industrial Averag..
