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The Australian sharemarket closed flat amid profit taking in the booming bank stocks and some worries about global growth. The market was up 0.6 per cent for the week despite it posting losses from..
The Reserve Bank fo Australia is likely to cut interest rates to never-before-seen lows this year, but economists don't think the move will come this month. None of the 13 economists surveyed by AA..
JB Hi-Fi shares are up six per cent after the retailer said it expected full-year profit to increase by up to 11 per cent. JB Hi-Fi on Friday said it expected sales in 2013 to be around $3.3 billio..
Gold futures have gained as traders bet demand for the metal would rise after the European Central Bank (ECB) lowered its interest rate and the Federal Reserve signalled a steady hand on its easy-mone..
Westpac shareholders will be rewarded with a special dividend after the bank posted a record $3.3 billion first half profit. However, Westpac chief Gail Kelly dampened hopes of similarly rewarding ..
Shareholders in Alumina have lost patience with the company's poor performance delivering a first strike vote against its executives pay. Chief executive John Bevan's $A2.2 million plus salary pack..
Travellers can expect to enjoy cheaper domestic airfares for a little longer, as Australia's major carriers keep adding seats into the local market. Qantas chief executive Alan Joyce says that alth..
The S&P 500 has reached a new all-time high, boosted by an expected European Central Bank interest rate cut and a surprisingly good US jobless claims report. The S&P 500 rose 14.89 points, ..
Kraft Foods has reported first-quarter results that beat Wall Street expectations as it increased sales and cut costs following its split from its global snack business. The company, based in North..
