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The share market recovered from opening losses to close slightly higher on cautious optimism US politicians will agree on a temporary deal to raise its debt ceiling. IG market strategist Stan Shamu..
The economic green shoots that boosted Iluka Resources' hopes of a recovering mineral sands market earlier this year have shrivelled. The miner's sales revenue of $147 million in the three months t..
Ferry and tour boat operator SeaLink has sailed through a stellar first day on the share market, adding $28 million to its value.SeaLink Travel Group shares hit the market at $1.10 and immediately ros..
Australia's economy has suffered a significant loss of momentum since the start of the year as its transition away from being a mining investment gets bumpy. The Westpac/Melbourne Institute Leading..
Rating agency Fitch has put the United States on warning for a downgrade after Congress failed to reach a deal on raising the country's debt ceiling. Fitch on Tuesday placed the United States's top..
The Australian sharemarket is slightly higher, as strong demand for resources stocks offsets concerns about the US debt ceiling debate. Invast chief market analyst Peter Esho said a positive produc..
Warrnambool Cheese and Butter (WCB) has urged its shareholders to reject a $370 million takeover proposal from rival Bega Cheese, saying the offer is inferior to an offer from Canadian dairy giant Sap..
Blood products and vaccines maker CSL is embarking on a share buyback worth almost $1 billion as it flags a slowdown in profit growth.CSL will spend $950 million through another share buyback during t..
US stock markets have closed deep in the red as politicians in Washington remained deadlocked over a deal to reopen the government and avoid default on its debts.The Dow Jones Industrial Average on Tu..
