Latest Finance News



Aquila, Vale resolve brawl

A legal brawl between mining giant Vale and Australia's Aquila Resources has been halted so they can start selling coal again. The miners' Isaac Plains Coal Mine had been subject to a stoush in whi..

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Aussie stocks close trade flat

The Australian stock market closed flat after offshore bourses failed to inspire investors with a strong lead. Key indices were in the green towards market close but finished lower after a sell-off..

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CFS plans share buyback

CFS Retail Property Trust has sold a 50 per cent stake in Myer's Brisbane shopping centre to a fellow property investment trust for $366 million. Property investor ISPT bough the half share in the ..

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Leighton Asia names boss

Leighton Holdings has appointed an internal candidate to head its largest international subsidiary. Ian Edwards will be managing director of Leighton Asia, India and Offshore, which employs more th..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange early on Monday: AGK - AGL ENERGY LTD - up 24 cents at $14.83 AGL Energy has bought the right to develop the Silverton wind farm in the far west ..

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Gunns might raise $400m

Woodchipper Gunns Ltd may seek to raise about $400 million to cut debt and support the development of its $2.5 billion pulp mill project, in what one analyst describes as its "last throw of the dice"...

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