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The Australian market closed higher to end a three day run of losses and defy market falls in the US and Europe overnight. At the close on Wednesday, the benchmark S&P/ASX200 index was 17.9 poi..
Shares in Australian company Alumina shot up after aluminium giant and joint venture partner Alcoa beat sales expectations and forecast a rise in demand in 2013. Alcoa kicked off the US earnings se..
Retailers are continuing to struggle as Australian consumers funnel their money online and towards new cars, overseas holidays and restaurants. Australian retail spending slumped 0.1 per cent in No..
Sydney Airport will reach its full capacity 20 years earlier than management has predicted, with a new report indicating it will become constrained soon after 2025. In the report `Sydney versus the..
The number of job vacancies in Australia fell to a 30-month low in November, official statistics show. The total number of vacancies in November 2012 was 166,800, seasonally adjusted, down 6.9 per ..
A surprise fall in retail sales in November due to a drop in spending on discretionary items does not necessarily mean an interest rate cut in February, economists say. Australian retail spending f..
New home sales have risen for a second straight month as buyers headed into the property market on the back of lower interest rates and state government assistance, a report says. The Housing Indus..
Alcoa Inc says fourth-quarter earnings have met Wall Street's expectations, and it sees slightly higher demand for aluminum this year. The company said on Tuesday that net income was $US242 million..
US stocks have fallen for a second day as the fourth-quarter earnings season opens and as confidence slips after big gains. At Tuesday's close, the Dow Jones Industrial Average was down 55.44 point..
