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The Australian sharemarket has closed weaker for the fifth consecutive day at a seven-week low with investors staying away or moving their money to safer assets. At the close on Thursday, the bench..
Home buyers can continue to expect mortgage discounts next year as big banks battle each other for a bigger share of a sluggish lending market, a new report says. The risk of a continuing pricing w..
Woolworths says it's being bullied and vilified by pokie reform campaigners who targeted the supermarket giant's Annual General Meeting (AGM) on Thursday. Chairman David Strong said the diversified..
Westpac has overhauled its management structure and hired a potential chief executive successor as it pushes to be the country's leading financial company. The country's second largest lender behin..
Murchison Metals will be left with just a few exploration tenements and little funds if it pays shareholders with cash received from the sale of key assets to Mitsubishi. Murchison accepted $325 mi..
Struggling steelmaker BlueScope Steel has raised $338 million so far in a $600 million capital raising as it tries to repay some of its debt. About 87 per cent of institutional shareholders have pa..
David Jones shares slumped to an eight-week low after the retailer reported that first quarter sales fell more than 10 per cent and confirmed expectations of a hefty drop in first half profit. Whil..
A roundup of trading on major world markets: NEW YORK - US equity markets tanked Wednesday as a poor German government debt auction fuelled fears over Europe's fiscal crisis and weak growth in the ..
The eurozone has sunk into recession, a leading international banking organisation said Wednesday, adding that conditions in the 17-nation bloc had deteriorated swiftly. "The situation in the euro ..
Stocks to watch on the Australian stock exchange on Thursday: AVM - ANVIL MINING LTD - down eight cents, or 1.1 per cent, at $7.15 Minmetals' $C1.3 billion ($A1.28 billion) takeover bid for Demo..
