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The Australian share market has closed lower for the third straight day as investors continued profit taking. Bell Direct equities analyst Julia Lee said losses had accelerated over the day as inve..
Healthcare for pets is a hot market, with several industry players making million dollar moves to capitalise on the world's growing number of pet owners. Australia's Nexvet, a developer of therapeu..
The sooner the US begins tapering its economic stimulus program the better, particularly for the high Australian dollar, a Reserve Bank of Australia assistant governor says. The US Federal Reserve ..
Australia's economic growth is expected to rise in the coming months as increased activity in the other parts of the economy make up for the downturn in mining investment. The Westpac/Melbourne Ins..
Department store chain Myer is gearing up for a busy festive season as it invests up to $50 million in its online store. The retailer is also spending up big on store refurbishments and new stores ..
JPMorgan Chase has agreed to a record $US13 billion ($A13.91 billion) settlement over mis labelled mortgage securities that federal and state authorities said stoked the financial crisis. The US De..
Federal Reserve Chairman Ben Bernanke says the US economy remains far from where the Fed wants to see it and that the US central bank is still committed to its stimulus policies. Bernanke gave no h..
A downgraded profit forecast from mining services firm WorleyParsons has wiped more than $1 billion from the company's market value. WorleyParsons on Wednesday said it expected underlying net profi..
US stocks have fallen modestly, ending the Dow's four-day streak of fresh records, as the Justice Department announced a record $US13 billion ($A13.91 billion) settlement over mortgage securities with..
