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The Australian share market closed lower, with mining stocks suffering heavy falls as investors fretted over fresh signs of a slowing Chinese economy. The benchmark S&P/ASX200 index closed down..
Investors have baulked at David Jones' ambitious plans to revamp its customer service and boost online sales after digesting news that full year profits could slump by as much as 40 per cent. David..
Relief for Australia's big banks could be just around the corner thanks to a recent drop in wholesale funding costs which will help boost earnings. The banks have recently complained about spiralli..
Kathmandu's boss Peter Halkett is hoping for some bracing winds and icy conditions to improve the troubled outdoor clothing retailer's profits. Kathmandu on Tuesday reported a 43 per cent slide in ..
The global commodities giant set to take control of agribusiness Viterra's Australian operations says it has no plans to change the way the business operates. After weeks of takeover speculation, S..
The high iron ore price is unsustainable and will fall substantially in coming years as China's use of steel becomes less intense, an analyst warns. Current elevated prices for iron ore are unlikel..
Federal Reserve Chairman Ben Bernanke says the threats from Europe's debt crisis have eased in recent weeks, but US money market funds remain exposed to risky European assets. In testimony prepared..
The Australian economy will continue to grow at a sluggish and below-trend pace, an industry study shows. The Westpac-Melbourne Institute leading index of economic activity, which indicates the lik..
US stocks have posted modest losses amid concerns about cooling economic growth in China and mixed data on the troubled US housing construction sector. The Dow Jones Industrial Average dropped 68.9..
