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Aussie shares close 1% up

The Australian share market snapped its three-day losing streak to finish strongly on the back of resurgent mining stocks. Local mining stocks soared after commodities prices rose overnight on the ..

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Building approvals decline

Economists expect Australia's housing sector to remain soft for a while longer after new data showed building approvals continue to decline. Data released by the Australian Bureau of Statistics (AB..

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Greece told to cut wages

Greece and the IMF say negotiations for landmark debt deals will be concluded in a "matter of days", raising hopes that the country will dodge a disastrous default. Greece is in talks with private ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange early on Thursday: BLD - BORAL LTD - down six cents at $3.99 Building materials maker Boral has sold its Indonesian business for $US135 million (..

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BHP sells titanium interests

Global mining giant BHP Billiton says it has agreed to sell its stake in South African mineral sands venture Richards Bay Minerals to partner Rio Tinto, signalling its exit from titanium. "BHP Bill..

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