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The Australian share market recovered some of its early losses but still closed lower on Tuesday. The market was led lower in the wake of a sharp fall on United States' markets, concerns about the ..
Rio Tinto's cost cutting program is hitting its targets as the global miner posts a better than expected quarterly iron ore production report. The world's second-largest iron ore producer said glob..
Mining giant Rio Tinto says global iron ore production increased to 61 million tonnes in the March quarter, up six per cent on the same period last year. Rio Tinto said its 2013 iron ore production..
Wesfarmers quarterly sales are expected to grow around four per cent, driven by its supermarket giant Coles and home improvement chain Bunnings. Wesfarmers will announced its third quarter sales re..
Australian investors were left confused after $7 billion was wiped off the value of the sharemarket, taking the losses in two days to more than $22 billion. The price of gold, normally considered a..
Cattle producer Australian Agricultural Company will lower the value of its herds, partly because continued dry weather has hit domestic cattle prices. AACo says rainfall has been well below averag..
The Australian market was lower at noon, but the falls have not been as heavy as occurred in the US overnight. Investors appear risk averse, with resources stocks the hardest hit in light of disapp..
Shares in Australia's gold miners are being punished for a second consecutive day after the price of the precious metal was smashed overnight.The price of gold plunged more than nine per cent to a two..
The Reserve Bank of Australia is in a wait-and-see mode as it tries to work out whether it needs to deliver households more interest rate cuts.The minutes from the RBA's April 2 board meeting show the..
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity. After ..
US stocks have rallied strongly in opening trade, recovering some of their losses from a prior session marred by the deadly Boston explosions.Five minutes into trade, the Dow Jones Industrial Average ..
