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The Australian share market has closed slightly lower as investors wait to see if the United States and China will take further measures to stimulate their economies. On Monday, the benchmark S&..
The Australian dollar fell to its lowest level in a month, amid negative sentiment about China's economic outlook and speculation that Australia's mining boom might be waning. At 1700 AEST on Monda..
Jetset Travelworld's full year profit has fallen by 72 per cent because of costs related to a restructure that resulted in 110 job cuts. The travel group recently overhauled its loss-making Travel ..
Caltex Australia has played down the strong turnaround for its refining business that it plans to partially close, after the company posted a big rise in profits. Net profit on a replacement cost b..
Transport and logistics group Toll Holdings says resolving problems in its business in Japan and its marine shipping operations in Asia are its current priority. Toll on Monday booked a 77 per cent..
Investors are sceptical about whether a reduced takeover offer for Africa-focused iron ore hopeful Sundance Resources by China's Hanlong Mining will get over the line. As iron ore prices have tumbl..
Troubled surfwear retailer Billabong will shut stores, cut product lines and expand its online presence as it works to recover from a $275.6 million loss. The result to June 30, 2012 was a huge dro..
The corporate watchdog will appeal a $10,000 fine recently handed to the former chief financial officer of AWB, seeking a harsher penalty. Paul Ingleby was fined and banned from managing a corporat..
Atlas Iron has posted a $114.6 million loss due mainly to costs associated with its sale of some mines and takeover of another resources company. The Western Australia-based iron ore miner's result..
The mining boom - or at least investment in it - will peak in 2014 but the non-resources sector will then drive growth, a report has found. People would probably overreact with pessimism at the tho..
