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The Australian share market has closed higher, boosted by a 10 per cent rise in the shares of Woodside Petroleum, which announced a $520 million return to shareholders. The rush to buy Woodside sha..
Oil and gas producer Petsec Energy predicts it will beat its full year production targets after the company boosted quarterly production by 20 per cent. Production for the March 2013 quarter was 95..
Drug developer Alchemia could reap up to $240 million in milestone payments in a deal with global biopharmaceutical firm AstraZeneca to search for disease-treating molecules. Alchemia will provide ..
Australia's transition to a low-inflation economy means slower increases in housing prices and more occasions when they are falling, according to a top central banker. The head of the Reserve Bank ..
The boss of freight rail operator Aurizon has applauded the federal government's Melbourne to Sydney high speed rail proposal as courageous. But Aurizon chief executive Lance Hockridge says the gov..
Australia's mining sector is facing more job losses and a halt on investment after Newcrest Mining flagged cuts to its workforce.After last week's dramas when the gold price plummeted at record rates ..
Discount chain The Reject Shop is defying the retail squeeze and hitting its shareholders for $40 million to continue its roll-out of new stores across the nation. The company also posted 6.2 per c..
Gold futures have continued to rebound from last week's historic sell-off, locking in a 1.8 per cent rise as futures investors and buyers of gold coins and bars continued to step into the market. T..
US stocks have moved higher amid mixed earnings reports, bouncing back after last week's losses. The Dow Jones Industrial Average gained 19.66 points, or 0.14 per cent, to 14,567.17. The broad-b..
