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Australia's share market has closed at the highest level since mid-2008 as China regains its economic growth pace. A resolution to the US debt crisis also boosted gold prices and the Australian dol..
The head of the Reserve Bank says the Australian dollar is still too high. "I personally would continue to think that a lower currency would be helpful in rebalancing the growth of the economy," RB..
China's gross domestic product expanded 7.8 per cent year-on-year in July-September, the government says, snapping two quarters of slowing growth in the world's second-largest economy. Friday's fig..
Santos' Australian gas customers paid a record $5.98 a gigajoule in the September quarter in a worrying signal for businesses fearing unaffordable price rises. The price is almost at export parity ..
Qantas is expecting economic headwinds and record high fuel prices to create more turbulence. Average airfares per passenger are forecast to fall in fiscal 2014, as the flying kangaroo faces sluggi..
Philip Morris International says its third-quarter profit rose five per cent as higher prices helped offset the decline in the number of cigarettes it sold. The seller of Marlboro and other cigaret..
Cockatoo Coal plans to raise $408 million to expand its Baralaba mine in Queensland, repay debt and fund a takeover offer for Blackwood Corporation.The central Queensland coal producer will issue new ..
James Packer's Crown is in talks to develop a "must see" $US400 million ($A416.17 million) casino resort in the Sri Lanka capital Colombo.Crown says it is in talks with the Sri Lankan government and p..
Murray Goulburn has stepped up the takeover battle for Warrnambool Cheese and Butter, targeting the company's farmer shareholders with a $420 million offer it says will help turn around Australia's de..
US investors have powered the S&P 500 to an all-time high, one day after Washington politicians reached a deal to reopen the government and avert a feared debt default.The S&P 500, the broadest of the..
