Latest Finance News



Rio’s production hopes are achievable

Rio Tinto's aspiration of producing 360 million tonnes of iron ore each year is achievable, despite concern about its Pilbara expansion, analysts say. The mining giant has been showing analysts aro..

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Westfield to buy Perth shopping centre

Westfield Group has received the green light to buy a Perth shopping centre, but only if it sells another nearby centre. Westfield holds a 33 per cent stake in the Karrinyup Shopping Centre, and wa..

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Australian stocks lower

The Australian market has been dragged lower by banking and resource stocks. Weaker commodity prices overnight and a Goldman Sachs report suggesting Australian bank stocks were too expensive have b..

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Australian stocks open lower

The local share market is lower as investors hold out for the federal election and America's response to Syria. The All Ordinaries were down 11.4 points, or 0.22 per cent, at 5,145.1 in early trade..

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Newcrest’s review finds no smoking gun

The man hired by Newcrest Mining to investigate its disclosure scandal has found no "smoking gun".But he admits he did not interview any of the financial analysts involved.Newcrest's share price plung..

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US stocks rise on strong auto sales

Wall Street stocks have jumped after surging US auto sales pointed to robustness in the manufacturing sector. The Dow Jones Industrial Average rose 96.91 (0.65 per cent) to 14,930.87. The broad-..

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