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Australian shares have trimmed early gains to close flat after disappointing jobs data weighed on optimism driven by strong energy results. At the close on Thursday, Australia's benchmark S&P/A..
Woodside Petroleum has beaten its full year production forecast after oil assets performed strongly, while high prices boosted revenue by 15 per cent. Shares in the company were sold down, however,..
Australia's third largest oil and gas producer Santos is confident of an increase in production this year after it fell in 2011. It blamed heavy flooding in South Australia's Cooper Basin during th..
Beach Energy has renegotiated a royalty agreement with Exxon Mobil subsidiary Esso Australia and resolved a related claim that Beach described as a win-win result. The royalty agreement relates to ..
Australia's jobs market is still weakening, official figures show, adding to the case for an interest rate cut next month, economists say. Data from the Australian Bureau of Statistics (ABS) on Thu..
Shares in Lynas Corporation have surged 3.8 per cent as investors speculated that the rare earths miner will be granted the go-ahead on its lucrative Malaysian facility. Lynas wowed the market this..
EBay says its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results, released on Wednesday, beat Wall Street's expectations..
Stocks to watch on the Australian stock exchange early on Thursday: BHP - BHP BILLITON LTD - up 30 cents at $37.00 BHP Billiton expects to beat its full-year iron ore targets after first-half pr..
A roundup of trading on major world markets: NEW YORK - Wall Street closed higher following solid economic data and reports that the International Monetary Fund could get more cash to help countrie..
The International Monetary Fund (IMF) says it's aiming to increase its financial firepower by around $US500 billion ($A483.35 billion) so it can give out new loans to help mitigate a worsening financi..
