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The Australian market has closed marginally higher on a day defensive stocks shone. The benchmark S&P/ASX200 index closed up 4.7 points, or 0.1 per cent, at 4,510.5 points on Thursday, while th..
Echo Entertainment chairman John O'Neill insists he is relaxed about James Packer opening a rival casino within a proposed $1 billion six-star resort in Sydney. Just hours after news breaking that ..
Australia's largest goldminer Newcrest Mining has urged shareholders to keep the faith in the company's long-term picture after a series of hostile questions at its AGM. A rash of problems at its L..
Hyundai Motor Co. has suffered a fall in third quarter profit versus the previous quarter after strikes dented vehicle production. South Korea's largest car maker said on Thursday net profit fell 1..
Whitehaven Coal has announced that it will close its Sunnyside mine indefinitely due to weak coal prices. The mine, near Gunnedah in north-eastern NSW, currently employs 14 Whitehaven workers and 2..
Small and medium businesses are in for more economic pain, which could worsen if the Australian dollar rises again, ANZ boss Mike Smith warns. The bleak assessment for the year ahead came despite a..
James Packer's Crown says its plan for a luxury Sydney hotel and casino has taken a big step forward after passing the first stage of the NSW government approval process. Crown's proposal for a $1 ..
US stocks have closed lower, unable to hold on to earlier gains amid weak corporate earnings and after the Federal Reserve left policies on hold as expected. The Dow Jones Industrial Average fell 2..
