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The Australian share market closed slightly weaker as investors prepared for crucial inflation data that could pave the way for another interest rate cut. The benchmark S&P/ASX200 index closed ..
Australian bond future prices are higher after a fall in producer prices raised expectations of an interest rate cut in May. CMC Markets chief market strategist Michael McCarthy said bond prices ro..
Coles third quarter sales could fall short of arch rival Woolworths as shelf prices continue to fall, amid heavy discounting and food deflation, analysts say. Wesfarmers, the owner of Coles superma..
Gaming machine supplier Ainsworth Game Technology is seeking to raise about $44 million via the placement of 30 million new shares to institutional investors. The new shares have an offer price of ..
Flu drug developer Biota is moving to the United States, where it says investors will be more understanding of the biotech's value. Biota, which is probably best known as the developer of the flu d..
Industrial services company Spotless is still negotiating with its private equity suitor five months after a first bid was made, and there remains no guarantee a deal will be done. Pacific Equity P..
Struggling chemicals business Penrice Soda Holdings has forecast a full year loss amid weakening demand for the soda ash it produces. Penrice is coming off a $28 million first half net loss - $3.3 ..
A weak reading for inflation at the farm and factory gate has further heightened expectations that the central bank will cut interest rates in May. The producer price index (PPI) at the final stage..
A roundup of trading on major world markets: NEW YORK - Wall Street shares closed higher on Friday, buoyed by better than expected US earnings, solid German business confidence data and a $430 bill..
