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Australian shares reversed their previous strong gains to decline on Tuesday, as investors awaited key domestic inflation data and a meeting of European leaders to resolve the eurozone debt crisis.The..
Oil Search's third quarter revenue has slumped 26.4 per cent from the preceding quarter because of lower oil sales and as the company shut down processing facilities.The company still forecast that oi..
The backlash from the UK phone hacking scandal has resulted in a majority of independent News Corporation shareholders voting against the re-election of James and Lachlan Murdoch to the media giant's ..
Surfing brand Billabong International says its strategy of buying retail outlets will increase the struggling company's margins. Billabong's comments that it is on track for strong earnings growth ..
Irate Foster's shareholders have opened the way for the re-election of non-executive board members, after 42 per cent rejected a $2.65 million incentive for chief executive John Pollaers to stay with ..
The Reserve Bank of Australia (RBA) has again left the door open for cut in interest rates after flagging Wednesday's inflation data as potentially paving the way for such a move. RBA deputy govern..
Stocks to watch on the Australian stock exchange Tuesday, October 25: AIO - ASCIANO LTD - up three cents at $1.51 Ports and rail operator Asciano has no debts due until fiscal 2015 after refinan..
The Australian dollar rose to a six-week high on hopes that European leaders would soon announce plans to contain the region's debt crisis and avert a recession. German Chancellor Angela Merkel tol..
A roundup of trading on major world markets: NEW YORK - US stocks rose Monday on strong earnings from Caterpillar, a spate of merger activity, and signs that Europe is making progress in tackling t..
