Latest Finance News



Australian stocks close higher

Australian stocks finished mildly higher as investors took their cues from Japan, amid renewed interest in local mining stocks. The Tokyo market surged by as much as 3.5 per cent during their tradi..

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Russell Caplan to chair Orica

Chemical firm Orica says former oil and gas head Russell Caplan has been elected company chairman to take over from Peter Duncan next year. Mr Caplan is a director of Aurizon, chairman of the Melbo..

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New Target chief appointed

Wesfarmers has parachuted in the head of operations at its Coles supermarkets chain, Stuart Machin, to run discount department store Target following the shock resignation of Dene Rogers. Mr Rogers..

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Australian stocks trading flat

Australian stocks were flat at noon, propped up by investors looking to buy following last week's falls. There is negative sentiment about the global economy following the release of weak US employ..

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Boart Longyear CFO to leave

Boart Longyear's chief financial officer Joseph Raglan has agreed to leave the drilling company. The company said in a statement that it was a mutual decision and that Mr Raglan would remain at Boa..

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Australian market preview

The Australian market looks set to open lower after weak US employment figures late last week. At 0649 AEST on Friday, the June share price index futures contract was five points lower at 4,890, wi..

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