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Australian shares shot up in what market watchers hope is a sign investors are over their jitters caused by the US flagging a cut to its stimulus program. The market rose about 1.5 per cent, and ha..
Global miner Rio Tinto has started shipping copper concentrate from its Oyu Tolgoi gold and copper mine in Mongolia. Rio Tinto said it had brought the mine into production as the outlook for copper..
Industrial real estate investment trust Goodman Group has raised $775 million of new equity through its European operations. The latest equity raising completed a process which attracted total dema..
Shares in Australia's Alumina have posted strong gains despite its giant aluminium producing partner Alcoa posting a large quarterly loss. Alumina shares added three cents, or three per cent, to $1..
Strong demand for lightweight aluminium in cars and aeroplanes is helping Alcoa Inc cope with lingering weak metal prices. The US-headquartered company reported a second-quarter loss of $US119 mill..
Telstra plans to shift 170 jobs in its fast-growing cloud services division to India and cut a further 90 contract roles, saying the cuts are a strategic move in growing its business in Asia. The t..
The Australian economy is stuck in a rut, with business conditions tumbling to their lowest level in four years despite low interest rates and a falling Australian dollar. Business conditions in Ju..
US stocks have ended higher as investors look forward to the kickoff of earnings season. The Dow Jones Industrial Average rose 88.85 (0.59 per cent) to 15,224.69. The broad-based S&P 500 inc..
