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Banks have criticised the prudential regulator's timing for introducing new Basel III capital reforms in Australia but analysts say the proposed reforms and timeframes are less onerous than expected.A..
The Australian share market closed weaker, extending losses from early trade as disappointing US jobs data continued to take its toll on stocks. At 1615 AEST the benchmark S&P/ASX200 index was ..
The Macarthur Coal board has told shareholders to accept a takeover bid by ArcelorMittal and Peabody Energy (PEAMCoal) but says a better alternative bid might still emerge. Macarthur released its t..
A rebound in company profits suggests Australia's economy will post a return to growth in the June quarter when national accounts are released on Wednesday.Company profits posted their first rise in a..
The Australian economy is expected to have returned to growth in the June quarter after a contraction in the previous three months because of natural disasters over the summer.The Australian Bureau of..
Activity in the Australian services sector expanded in August for the first time in four months, despite continuing softness in household spending.Service sector activity has contracted in nine out of..
Job advertisements have dropped for the second month in a row suggesting Australia's economy was going through a soft patch, a survey shows. Total job advertisements on the internet and in major me..
A summary of trading in key commodities markets overseas:ENERGYWorld oil prices slumped on Friday after the United States reported that job creation ground to a halt in August, a stark sign of trouble..
A roundup of trading on major world markets: NEW YORK - A dismal jobs report has caused stocks to plunge in the US. The Dow Jones industrial average dropped 253 points, or 2.2 per cent, wiping o..
Stocks to watch on the Australian stock exchange at the close on Monday:BHP - BHP BILLITON LTD - down 83 cents, or 2.1 per cent, at $39.04The Queensland government will require miner BMA to have 80 pe..
