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The Australian share market has closed at its highest level in more than 14 months despite enduring a flat day of trading. At the close of trade on Wednesday, the benchmark S&P/ASX200 index was..
The world's largest drilling company Boart Longyear has shocked the market by sacking its chief executive in an attempt to tackle its plunging share price. American Craig Kipp's tenure at the Utah-..
New home sales hit a 15-year low in August, adding weight to the calls for the major banks to pass on the Reserve Bank of Australia's latest rate cut. New home sales dropped 5.3 per cent to 5,383 i..
Casino operator Echo Entertainment has appointed former Business Council of Australia (BCA) head Katie Lahey to its board. Ms Lahey's appointment as a non-executive director follows several major d..
Origin Energy has raised 500 million euros ($A634.68 million) through a bond issue to raise funds for the $23 billion Australia Pacific LNG (APLNG) project in Queensland. Australia's largest electr..
Weak export data confirms concerns about commodity prices and justifies the Reserve Bank of Australia's (RBA) latest interest rate cut, economists say. Official figures released on Wednesday showed..
Andrew "Twiggy" Forrest's Fortescue Metals is the most vulnerable iron ore miner in the world to lower commodities prices, Standard and Poor's Ratings Services (S&P) says. The credit agency war..
Stocks to watch on the Australian stock exchange on Wednesday, October 3: ANZ - ANZ BANKING GROUP - up 20 cents at $24.99 CBA - COMMONWEALTH BANK - up 19 cents at $56.04 NAB - NATIONAL AUSTRA..
US stocks have closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure. Hints that a rescue plan for Spain was imminent gave share..
