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Australian stocks started the week poorly, with the big miners dragging the market down on the back of lower commodity prices. The benchmark S&P/ASX200 index closed down 16.7 points, or 0.39 pe..
Coca Cola Amatil (CCA) has surprised the market by deciding not to exercise its right to buy any of Foster's spirits business. CCA made the decision after looking at the books in a deal that would ..
ANZ says it has received approval to offer local currency products and services to customers in China. The Melbourne-based bank said it had obtained a licence from the China Banking Regulatory Comm..
Optus chief executive Paul O'Sullivan has been given a wider brief as part of a restructure of parent company Singapore Telecommunications (SingTel). SingTel said on Monday the company would be spl..
Lawyers for a $200 million-plus class action against the Centro group say it is unrealistic for the restructured company to claim it is not liable for losses of the old entity.More than four years sin..
Labour demand remains strong, according to a private study showing that job advertisements continue to trend positively. The number of jobs advertised on the internet and in newspapers rose 3.3 per..
Consumer prices rose slightly in February, as increases in the cost of fruit and vegetables were offset by notable drops in costs linked to holidays. The TD Securities-Melbourne Institute inflation..
A fall in company profits in the last three months of 2011 and a rise in inventories points to a moderate rate of economic growth in the December quarter.The figures feed into the December quarter gro..
After falling half a US cent, the Australian dollar has traded in a tight range as investors await a series of major economic data releases due later in the week. At 1200 AEDT, the Australian dolla..
A roundup of trading on major world markets: NEW YORK - US stocks closed lower on Friday with traders lacking any kind of news to spark enthusiasm for buying. All the market energy seemed to go ..
