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Australian stocks closed about half a per cent lower as the big resources companies dragged the market down following falls in China. Chinese shares were down 2.43 per cent on Thursday as heavyweig..
The nation's largest industry super fund AustralianSuper has appointed Reserve Bank of Australia board member Heather Ridout as its new chairwoman. Ms Ridout will take over as chairwoman of Austral..
Telstra's struggling directories business Sensis has been given a boost after the competition watchdog cleared its takeover of online business directory TrueLocal. Sensis managing director John All..
Newcrest investors have been dealt another blow after the gold miner cut its production targets by 10 per cent due to ongoing problems at its Lihir operations. But analysts say the eight per cent s..
The good news is the economy is getting better. The bad news is the central bank's interest rate cutting cycle is coming to an end. All 13 economists surveyed by AAP say the Reserve Bank of Austral..
Australian stocks are lower at noon as investors took profits from high yielding stocks. CMC Markets chief strategist Ric Spooner said the financial sector and Woolworths were dragging the market d..
Linc Energy will pay down debt and strengthen its balance sheet as it looks to develop oil and gas assets after raising $US200 million ($A192.42 million).Linc raised the money through a convertible bo..
Leighton Holdings has sold a majority stake in three telco businesses to a Canadian pension fund for about $619.5 million. The deal places Nextgen, a manager of fibre network services; Metronode, w..
US stocks mostly fell on Wednesday amid renewed anxiety over the eurozone as Cyprus moves to implement the EU-IMF rescue plan. The Dow Jones Industrial Average dropped 33.49 points (0.23 per cent) ..
