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Australian shares closed at a six-week high after official figures showing an easing of inflation boosted hopes for further interest rate cuts. Financial stocks surged two per cent on hopes that an..
Whitehaven Coal sales plunged in the December quarter after a shortage of explosives hampered mining. The miner on Wednesday reported total coal sales of almost 1.43 million tonnes (Mt) for the thr..
Asciano has restructured its Patrick ports division, resulting in a significant reshuffle of its executive team. The Patrick business comprises a containers and terminals arm, a ports and stevedori..
Economists say another cut to interest rates is a "done deal" after official data showed inflation was continuing to slow. Data released by the Australian Bureau of Statistics (ABS) on Wednesday sh..
Building products distributor Alesco Corporation has more than tripled its first half profit but says trading conditions are tough and will continue to be so. The construction, mining and home prod..
The Anglo-Australian mining giant Rio Tinto says it now holds a majority stake in Ivanhoe Mines, further extending its control over immense Mongolian gold and copper deposits. Rio Tinto raised its ..
The European Central Bank (ECB) chief economist says there are signs eurozone growth prospects are improving and that credit conditions are favourable, dampening hopes of another rate cut in the near ..
A roundup of trading on major world markets: NEW YORK - Stocks closed marginally lower overnight as investors remained concerned that a deal to cut Greece's debt might fall through. The Dow Jone..
Stocks to watch on the Australian stock exchange early on Wednesday: GUD - GUD HOLDINGS LTD - down four cents at $7.31 Consumer and industrial products supplier GUD Holdings says trading conditi..
