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The Australian share market has closed higher after a wave of optimism swept the market on speculation Europe is about to embark on a huge round of stimulus in the bond market. The benchmark S&..
Cedar Woods expects its two-year record profit streak will end this financial year, with earnings growth stagnating because of the tough market for property developments. The developer says profits..
Australia's third-largest pure oil and gas producer Oil Search says its $2 billion expansion plans in Papua New Guinea (PNG) are on track following a year marked by political instability. Oil Searc..
Telstra will shed 651 jobs across regional Australia, angering the communities hit by the cuts. Blaming customers for shunning call centres in favour of online services, the telco says it will cut ..
US stocks have closed flat in quiet trade that still had enough might to push Apple to become the world's most valuable company of all time, eclipsing Microsoft's 1999 record. The Dow Jones Industr..
Sonic Healthcare expects expansion in the United States and Germany to boost its growth, despite the gloomy US economy. The international pathology, radiology and medical centres group on Tuesday r..
Consolidated Media Holdings (CMH) believes it can wrap up a $2 billion takeover deal with Rupert Murdoch's News Ltd within months. James Packer's media company, which owns 25 per cent of pay TV pro..
Homeowners are unlikely to get further interest-rate relief unless the global economy takes a turn for the worse. Economists say the minutes of the Reserve Bank of Australia's (RBA) August 7 board ..
Amcor's flexible packaging business is set for more growth in China, after the company took full ownership of factories in Beijing and Chengdu. Unveiling a 15.7 per cent rise in annual profit on Tu..
The nine-month battle for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) has been won, with a $1.4 billion takeover bid by APA Group. Hasting's responsible entity, Hasting..
Arrium has outshone rival BlueScope Steel and made steelmaking profitable again but faces a difficult year of weak demand and falling iron ore prices. The global resources and steel company, which ..
