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Credit markets are already closing as the euro zone debt crisis continues, ANZ chief executive Mike Smith says. "This is what happens in this sort of situation," Mr Smith told a Trans Tasman Busine..
More than $120 billion has been wiped off the share market in May, with shareholders braced for more turbulence as Europe tries to sort out its debt crisis. Australian shares dropped to their lowes..
A dearth of customers and heavy discounting are expected to have kept Myer's sales in the doldrums. However, the market will be looking for signs of a recovery as the department store chain continu..
The Australian dollar has fallen to its lowest level in almost six months as fears of a worsening European debt crisis hit global stock markets. At 1200 AEST on Friday the Australian dollar was tra..
Sleep disorder equipment supplier ResMed will begin paying dividends next financial year. ResMed said on Friday it will pay a quarterly dividend of 17 US cents per share from the first quarter of 2..
Uranium miner Paladin Energy's mine in Malawi is back at full production following an industrial dispute sparked by demands for a 66 per cent pay rise from local workers. The majority of local work..
Laos-focused miner PanAust expects production to rise in the coming years after an upgrade of its flagship copper mine. PanAust is upgrading its Phu Kham mine to increase recovery rates of copper a..
US stocks piled up losses as negative news continued from Europe, with Greece's woes deepening and Spain falling into recession. Strong quarterly earnings from Wal-Mart, the world's biggest retaile..
