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The Australian market has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close on Wednesday, the benchmark S&P/ASX200 index had lifted 16.8 poi..
Suncorp's improving insurance business has driven a 48 per cent rise in first half profit, but analysts question whether higher premiums could eventually hurt the company. Another period of benign ..
Iron ore miner Fortescue Metals has rejected suggestions that it is vulnerable because Chinese steel use is waning, saying that country's urbanisation had more than another 20 years to run.Fortescue's..
The Australian market has opened firmer as Wall Street rallied to fresh five-year highs. At 1027 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.7 points, or 0.23 per cent, at 5,093..
Australian economic growth should maintain its momentum in the first half of 2013, a private survey shows. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic..
US stocks pushed higher on Tuesday, sending the Dow Jones Industrial Average and the S&P 500 to their best levels in more than five years. US markets kept alive a rally in Europe, where shares ..
Woodside Petroleum has slated more than $2.5 billion for projects in Israel and Myanmar (Burma) as chief executive Peter Coleman continues to lead a diversification push.However, analysts have questio..
Seven West Media's newspaper and magazine businesses look set to endure more tough times, with few signs of any improvement in advertising markets.The Kerry Stokes-chaired Seven posted a net loss of $..
BHP Billiton has appointed a new chief executive to chart a course beyond the iron ore boom and in search of new sources of profit growth.New boss, 56-year-old Scotsman Andrew Mackenzie, insisted he w..
