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BHP Billiton is poised to post a fresh first-half profit record after reporting a surge in iron ore production at its Pilbara mines in Western Australia to new heights. The mining giant on Wednesda..
Australian shares edged up marginally to a fresh five-week high as upbeat mining figures and hopes for a Greek debt deal dragged shares out of the doldrums. At the close on Wednesday, the benchmark..
OZ Minerals has rejected criticism that it is taking too long to find new projects before its flagship Prominent Hill mine runs out of copper. The copper and gold miner faced sustained questions fr..
Department store operator David Jones has cast aside a difficult Christmas trading season and industry doom and gloom to announce the opening of a new store in a high-growth area of Brisbane. The u..
Wesfarmers expects a big drop in first-half earnings from its insurance division because of a large number of natural disasters and is to reduce its exposure to higher hazard area and industries in re..
Recent interest rate cuts by the Reserve Bank of Australia (RBA) have failed to lift consumer confidence, says Westpac. The RBA reduced the cash rate by 25 basis points in November and again by the..
Sales of new motor vehicles in Australia fell 2.9 per cent in December, official data shows. The Australian Bureau of Statistics (ABS) on Wednesday said new vehicle sales fell to 84,403 units in De..
A summary of trading in key commodities markets overseas: PRECIOUS METALS Gold climbed one per cent on Tuesday to its highest price in five weeks, rising in tandem with the euro and equities on tech..
Stocks to watch on the Australian stock exchange early on Wednesday: AKI - AFRICAN IRON LTD - steady at 56 cents CFE - CAPE LAMBERT RESOURCES LTD - up 0.5 cents at 55.5 cents African Iron's m..
A roundup of trading on major world markets: NEW YORK - US stocks are rose overnight on signs of resilience in Europe's debt markets and an encouraging report on growth in China. Debt auctions b..
