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The Reserve Bank of Australia's (RBA) board in April thought it wiser to wait to see fresh inflation data before cutting the cash rate. The RBA's decision to sit on the sidelines and leave the cash..
The Australian share market has closed slightly lower, following falls in resource stocks. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index was down 13.7 points, or 0.32 per cent, at 4,2..
Fortescue Metals Group founder Andrew Forrest says the government needs to build a deeper relationship with China otherwise Australia risks losing opportunities with the Asian superpower. Mr Forres..
Mining giant Rio Tinto increased production of key commodities including iron ore and coal in the March quarter but copper output fell by 18 per cent due to lower grades at its US operations. Chief..
Surfwear retailer Billabong has completed a $276 million sale of almost half of its Nixon accessories brand. As part of the transaction, announced in February, Billabong and Trilantic Capital Partn..
Medical device developer Osprey Medical has successfully raised $20 million from an initial public offer (IPO) and is preparing to list on the Australian share market. The US-based company's main p..
Singapore's LionGold Corp is prowling for more acquisitions in the gold sector after its friendly takeover offer for Castlemaine Goldfields. Castlemaine Goldfields on Monday recommended to its shar..
Demand for residential property in Sydney, Melbourne and Brisbane is expected to pick up slowly next year while retail property languishes at the bottom of the cycle, a survey shows. An Australian ..
Oil was slightly lower Monday as tensions eased over Iran's nuclear program. Benchmark US crude fell four cents to $US102.79 per barrel in New York. But Brent crude, which is used to benchmark the ..
US stocks have traded mixed as investors weighed better-than-expected March retail sales numbers, a sharp slowdown in New York manufacturing and renewed eurozone debt tensions. The three main index..
