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Australian shares gained about $35 billion in value as buyers and confidence returned, amid hopes of a comprehensive fiscal stability plan for Europe that also led to a rally on offshore markets.The b..
Shares in ResMed slumped 13 per cent after the medical equipment maker said currency exchange movements led to an 11 per cent fall in its first quarter net profit.Resmed said its net profit for the th..
Australia's biggest iron ore miner Rio Tinto appears to have bowed to Chinese pressure, after saying it is being forced to move to shorter-term pricing. Chinese steel makers that are locked into qu..
Shares in drug developer Pharmaxis soared more than 60 per cent in early trading on Monday after the company moved closer to securing approval to market its cystic fibrosis drug, bronchitol, in Europe..
Superannuation default funds lost 5.1 per cent during the September quarter as global equity markets sold off, making it the worst quarterly performance since the peak of the credit crisis in 2008.The..
Interest rates may be on-hold for longer than previously expected, after official data showed a measure of inflation had eased in the September quarter.Australia's producer price index at the final st..
A roundup of trading on major world markets: NEW YORK - A broad rally swept through the US stock market Friday after McDonald's and several other large companies reported solid earnings. The Sta..
Stocks to watch on the Australian stock exchange on Monday October 24APN - APN NEWS & MEDIA LTD - down 0.5 cents at 85 centsAPN News & Media has named a former New Zealand Lotteries Commission..
Eurozone leaders are toying with the idea of asking China and other emerging powers to help them out of the debt crisis by taking part in a bailout fund, but some are reluctant to call in Beijing.The ..
Explosives maker Orica has chosen former Newcrest Mining chief executive Ian Smith to succeed Graeme Liebelt as CEO.Mr Smith will take the helm of the company on February 27, 2012 and Mr Liebelt will ..
Origin Energy is spending up big to counteract negative publicity about its controversial coal seam gas (CSG) operations.Last month, Origin and a number of other coal seam gas (CSG) companies launched..
