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The world's biggest miner BHP Billiton has reported its first profit fall in three years because of lower global prices for iron, copper and coal. However, the global miner remains confident about ..
The Australian share market has closed higher as a positive day for energy stocks offset weakness among Australia's retail banks and mining giant BHP Billiton. At 1615 AEDT, the benchmark S&P/A..
Property developer Australand believes it can improve earnings despite suffering a 15 per cent drop in annual profit. Australand on Wednesday said its net profit dropped to $140.6 million for the y..
A New Zealand billionaire has snared a 39 per cent stake in woodchipper Gunns as part of a $280 million capital raising. The move could help Gunns secure a partner for its controversial pulp mill p..
Suncorp Group is the latest financial services company to announce redundancies, by sending 65 accounting positions to India. Finance Sector Union (FSU) national secretary Leon Carter said two thir..
Online travel agent Webjet is claiming the position of market leader after reporting a double-digit lift in first half net profit. Webjet said net profit for the six months to December 31, 2011, ro..
Rio Tinto has again demonstrated its faith in Asia's growing demand for iron ore by committing $US3.4 billion ($A3.16 billion) to expand its operations in Western Australia's Pilbara region. The mi..
Stocks held steady in the green on Tuesday afternoon on growing confidence about the US job market and hope that Greece will reach a debt deal. The Dow Jones industrial average is on pace to close ..
Stocks to watch on the Australian stock exchange early on Wednesday: AKI - AFRICAN IRON LTD - up 0.5 cents at 56.5 cents CFE - CAPE LAMBERT RESOURCES LTD - down one cent at 57 cents South Afr..
Australia's largest antimony mine is to be revived under plans by Emu Nickel, which needs to raise $60 million to buy the asset and re-start production. The Perth-based minnow on Wednesday said it ..
