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Strength in resources and banking stocks has pushed the Australian share market higher despite the continuation of a US Congressional stand-off over budget negotiations. Firmer commodities prices a..
Retailers dominated gainers on the NZX, with Kathmandu putting on a further seven per cent to close at $3.60 on a day when the market as a whole drifted up slightly. The NZX 50 Index rose 1.345 poi..
Record low interest rates are encouraging more people to take out a mortgage but other parts of the economy aren't being stimulated, new figures show. St George economist Janu Chan said the Reserve..
Shares of electric car company Tesla have sunk more than 6 per cent after an internet video showed flames spewing from one of the company's vehicles following a crash near Seattle. Shares of Tesla ..
Seven West Media has promoted the head of its magazines division to chief operating officer as it looks to increase its revenue from new technologies and content. Pacific Magazines chief executive ..
Australian shares are firmer despite the continuation of a US Congressional stand-off over budget negotiations. Wall Street and European equity markets dropped overnight as the partial US governmen..
Long-serving Origin Energy chairman Kevin McCann is retiring from the electricity retailer, and will be replaced by fellow board member and Westpac director Gordon Cairns. Mr McCann has been chairm..
The share market has opened higher despite a partial US government shutdown pushing other markets around the world into the red. CommSec market analyst Steven Daghlian said the modest move higher w..
Activity in the services sector fell at a much slower rate in September, thanks to improvements in sales, new orders and supplier deliveries. The Australian Industry Group Australian Performance of..
US stocks have fallen as the reality of the government shutdown depressed markets and raised concerns about the possibility of a US debt default due to political gridlock. The Dow Jones Industrial ..
