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Australian shares closed sharply lower with local resources stocks hit hard, amid renewed pessimism over Europe's ability to manage its debt crisis.Concern about weaker than expected Chinese growth fi..
Telstra's participation in the national broadband network (NBN) moved a big step forward when shareholders said yes to the telco giant's deal with the federal government. Overwhelming shareholder a..
Qantas will ground another two aircraft and cancel a further 80 domestic flights over the next month, in response to ongoing industrial action by its engineers. Qantas said on Tuesday that two Boei..
Leaky seals are being blamed for causing Cochlear's latest bionic ear device to break down and spark a massive recall which could cost the company up to $150 million.Cochlear stunned shareholders and ..
Woolworths plans to raise $500 million through a note issue.Woolworths on Tuesday lodged a prospectus with the Australian Securities and Investments Commission (ASIC) for the offer of dated, unsecured..
Interest rates are expected to stay on-hold for the rest of the year after the central bank confirmed inflation was easing. The minutes of the Reserve Bank of Australia's (RBA) October 4 board meet..
A roundup of trading on major world markets:NEW YORK - US equity markets sank Monday after a three-week rally after a meeting of G20 finance chiefs failed to boost confidence that a solution to the eu..
BHP Billiton's iron ore and petroleum divisions are expected to be standouts in the mining giant's September quarter production report on Wednesday. Analysts at investment bank UBS expect BHP Billi..
Stocks to watch on the Australian stock exchange on Tuesday October 18 ANN - ANSELL LTD - down one cent at $13.86 Gloves and condoms maker Ansell has reported mixed cost pressures on its raw mat..
Berlin has dampened expectations that an upcoming EU summit will finally force the debt crisis genie back into its bottle, amid warnings that market instability is damaging the real economy. Financ..
