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The Australian share market has closed at a fresh eight-month high, buoyed by resource stocks and investors punting on China undertaking new moves to boost its economy. At 1615 AEST on Thursday, th..
Telstra has put on hold any decision to undertake a share buyback or lift dividends despite reaping billions of dollars from the national broadband network deal (NBN). Australia's largest telco sai..
Fortescue Metals Group has confirmed it will challenge the federal government's new mining tax in the High Court. The iron ore producer also on Thursday said it would lose up to $US150 million ($A1..
Commonwealth Bank boss Ian Narev has set out his vision for Australia's largest bank but refused to put performance targets on his key aims. Almost five months after taking over from Ralph Norris, ..
As gloom grips Australia's retail sector, business is improving for Australian Pharmaceutical Industries (API), with the health, beauty and pharmacy products retailer reporting solid profits and fores..
A roundup of trading on major world markets: NEW YORK - Investors unimpressed by a skein of positive earnings surprises have sold down US stocks, with some nervousness over the eurozone clouding se..
Property developer Stockland will cut executive bonuses after a review of its remuneration policies. The move comes amid renewed scrutiny over short- and long-term incentive packages offered to exe..
Woodside Petroleum has maintained its full year production target and increased its first quarter revenue despite a production dip due to the impact of cyclones. The company on Thursday booked reve..
