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The Australian stock market has tumbled to a five-week low, with $26 billion wiped from the value of the bourse.The sour mood from Thursday, when investors fretted over the prospect US and Japanese ce..
Australia's largest beef cattle producer has blamed the suspension of live exports to Indonesia for a $46.5 million March quarter loss.Australian Agricultural Company (AACo) managing director David Fa..
Gap Inc. is reporting a 43 per cent increase in first-quarter earnings as the clothing chain's turnaround continues.The San Francisco-based clothing retailer, which operates the Gap, Old Navy and Bana..
Australia's domestic flights were a little roomier for the travelling public in March, with the growth in passenger numbers failing to match the extra seats added into the market.Figures from the Bure..
Shares in Echo Entertainment have plunged to a record low after Crown sold its stake in its casino-operating rival.At 1155 AEST, Echo shares were down more than 10 per cent to $3.09, a slight improvem..
The Australian dollar has surged more than one-and-a-half US cents higher from Thursday's low point, as the US dollar lost ground against all the major currencies.At 0700 AEST on Friday, the Australia..
Sales of new US homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, in further signs housing is recovering.The Commerce De..
Tokyo stocks have lost their early gains as they tumbled back into the red, a day after suffering the worst one-session drop since Japan's March 2011 quake-tsunami disaster.The benchmark Nikkei 225, w..
James Packer's exit from Echo Entertainment is a signal the Crown boss no longer sees the rival casino company as a threat to his plan for a luxury Sydney gambling resort.Echo shares plunged 11.9 per ..
US stocks have finished slightly lower, little-affected by a sharp selloff in Asian and European markets led by the 7.3 per cent plunge of Japan's Nikkei 225 index. The Dow Jones Industrial Average..
