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Australian shares have gained about $33 billion in value, with the market closing more than two per cent higher to make back some of the losses from the week as positive local economic news helped inv..
Market turbulence during August hit Macquarie Group Ltd's capital markets business, prompting the investment bank to warn its first half profit would be lower on reduced trading volumes.Macquarie also..
Takeover target ConnectEast Group has posted an 11.9 per cent rise in average daily revenue (ADR) for August.The owner and operator of the Eastlink tollway in Melbourne said that ADR for the month wa..
Securities in US-based biotech GI Dynamics Inc fell well below their offer price on their first day of trading on the Australian Securities Exchange (ASX) on Wednesday.GI's CHESS Depositary Interests ..
The Australian economy has returned to growth in the June quarter after suffering a downturn in the previous quarter because of the floods and cyclones over the summer, official figures show.Gross dom..
Australian construction activity has fallen to its lowest level in almost two and a half years, largely due to a lack of new work and tender opportunities, a report shows.The Australian Industry Group..
A summary of trading in key commodities markets overseas:ENERGYOil prices were mixed Tuesday amid rising worries that the United States and Europe could return to recession, hitting global energy dema..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON WEDNESDAY, SEPTEMBER 7AWE - AWE LTD - down 4.5 cents at $1.06Oil and gas producer AWE says it has several regulatory hurdles to clear before getting..
The head of the central bank says a steady hand on interest rates will be maintained until the effect of overseas events on global economic growth is better understood.Reserve Bank of Australia govern..
