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Investors cashed in their Exchenge Traded Funds (ETFs) in August, bucking the solid growth trend that has been in place for the past three years, figures show. Australian investors redeemed about $..
The Australian share market gained almost two per cent as investors remained optimistic European leaders were approaching a resolution of the Eurozone debt crisis.The local bourse opened almost two pe..
Santos has entered into an asset swap deal with the US-based Magellan Petroleum for Northern Territory gas fields.Portland-based Magellan said in a statement it had entered into an agreement with Sant..
Platinum Australia shares fell after production was halted at the miner's flagship Smokey Hills operation in South Africa, amid community dissent. Shares in the Perth-based company were down 2.5 ce..
Rating firm Moody's says it is considering lowering the credit rating on Swiss banking giant UBS after a rogue trader wracked up $US2 billion ($A1.95 billion) in losses. Moody's said its review wil..
Stocks to watch on the Australian stock exchange on Friday:AIO - ASCIANO LTD - up eight cents, or 5.6 per cent, at $1.515Ports and rail operator Asciano says positive cash flow and a strong balance sh..
US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks.In positive territory for the fourth..
A move by key central banks to aid Europe's struggling banks gave a solid boost to the euro Thursday.The euro climbed more than one US cent during the day to stand at $US1.3882 at 2100 GMT (0700 Frida..
Embattled Bluescope Steel has again hit back at criticism for paying $3 million in cash bonuses to executives, which were partly a reward for restructuring that led to the sacking of 1,000 workers.The..
The chief executive of bionic ear-maker Cochlear received a pay rise of nearly 17 per cent in 2011, similar to the rise in the company's full year profit.The company's 2011 report showed that Chris Ro..
