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The Australian share market has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. OptionsXpress market analyst Ben Le Brun said the local bourse h..
The nation's second-largest energy retailer AGL Energy has blamed intense competition and weak demand for a reduction in expected profit. AGL Energy said on Thursday it expected full year net profi..
The world's biggest fund managers remain positive about the global equities market, but have tempered their enthusiasm, while showing greater interest in Asian bonds, new research shows. The latest..
The Australian dollar has enjoyed a huge surge on the back of booming mining and resources export prices but that is unlikely to happen again, a leading economist says. AMP chief economist Shane Ol..
Looking through the volatility in the data, the picture of a building sector at a low ebb even after a series of interest rate cuts is clear. The number of approvals to build new homes fell by 5.5 ..
Struggling telco Vodafone Hutchison Australia (VHA) is improving its performance but will still report a loss in 2013, says part-owner Hutchison Telecommunications Australia (HTA).HTA and Vodafone eac..
Ports and rail operator Asciano has surprised the market by slashing about $250 million in spending and rushing in job cuts in a worrying sign for the Australian economy.Planned spending on its Pacifi..
Technology giant Apple has confirmed it sold $US17 billion ($A16.47 billion) in bonds in the biggest corporate debt issue ever. The bond sale, described in documents filed with the Securities and E..
US-based suitor Archer Daniels Midland (ADM) has completed the due diligence process for its proposed $3 billion-plus takeover of Australian grains marketer GrainCorp.ADM was now "required to make a t..
US stocks have rallied after an expected European Central Bank interest rate cut and a strong report on US jobless claims.Five minutes into trade on Thursday, the Dow Jones Industrial Average gained 4..
