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The share market recovered early losses to edge slightly into positive territory as investors searched for stronger direction. IG market strategist Stan Shamu said economic data out of the United S..
The cash rate is expected to stay on hold as the Reserve Bank gauges the effects of previous cuts and the falling Australian dollar. The RBA is likely to keep the cash rate at 2.5 per cent when it ..
Energy provider Origin has announced a 28 per cent jump in production volumes. Gas production volumes from the company's Otway Basin operations in Victoria rose to 37 petajoules during the December..
The value of loans outstanding to the private sector was up 0.5 per cent in December, the biggest monthly rise since March 2012. Annual growth in credit advanced by banks and other lenders was 3.9 ..
Australian shares are flat as concerns about Chinese manufacturing and emerging markets continue to weaken mining and banking stocks. Resource giants BHP Billiton and Rio Tinto are lower after HSBC..
Rare earths miner Arafura Resources has found more than $400 million in savings by reducing planned capital expenditure at a Northern Territory project. The company, which is a quarter owned by a C..
The Australian share market has opened flat despite solid gains on Wall St overnight, while David Jones has jumped over news it received and rejected a bid from Myer last year. Earnings in the US h..
David Jones remains a potentially lucrative takeover target even after the iconic retailer rejected a $3 billion merger proposal from rival Myer. Myer approached David Jones with a merger offer in ..
US stocks have bolted higher on the strength of a solid report on US economic growth and banner results from Facebook that raised hopes about other technology giants. At the closing bell on Thursda..
The share market has fallen as markets around the region reacted negatively to a further reduction in US economic stimulus measures, concerns over stability in emerging markets, and figures confirming..
Low interest rates and the falling Australian dollar are lifting confidence, encouraging consumers to spend more money. Spending rose 3.9 per cent over 2013, according to the new ANZ quarterly Busi..
Biotech company Viralytics plans to raise $27.1 million to help develops its anti-cancer drug Cavatak by issuing new shares. The funding will enable Viralytics to complete phase two of trials of th..
Chinese manufacturing contracted for the first time in six months in January, HSBC has confirmed, raising questions over growth prospects for the world's second-largest economy this year. The Briti..
Bad weather has forced Fortescue Metals Group to lower its full-year production forecast but the company remains upbeat about demand for its iron ore from China. Fortescue on Thursday said it expec..
New home sales have increased for the first time since the global financial crisis hit in 2008. Sales rose 14.4 per cent in 2013, the first year of growth in five years, according to the Housing In..
BlueScope Steel has received approval to buy one of its competitors in the building products market. The Australian Competition and Consumer Commission (ACCC) has decided not to oppose BlueScope's ..
English language courses group Navitas says its annual profit is set to grow, boosting its share price. The global colleges firm, which operates in nine countries including Australia, says it's on ..
Australian stocks are lower after the US Federal Reserve's decision to further taper its stimulus program added to investor concerns about the decline in emerging markets. Investors have been pulli..
US stocks have fallen sharply on worries over turbulence in emerging markets, a decline that steepened after the US Federal Reserve cut back its monetary stimulus for the second straight month. The..
The share market has closed higher after the central banks of India and Turkey lifted interest rates to counter a sell-off in their currencies and ease investors' concerns about the stability of emerg..
Oil and gas explorer Drillsearch Energy has increased its 2014 production guidance by around a million barrels. In a forecast representing a new record for Drillsearch, the company said it would pr..
Shares in Forge Group have dropped another eight per cent following more bad news from the engineering company, which now says it expects to post a full-year loss of up to $25 million. Having flagg..
Mid-tier iron ore miner Atlas Iron has lifted its forecast for shipments of iron ore in its 2014 financial year and says prices for the commodity are strong. The Pilbara-focused company on Wednesda..
Investors selling their stake in Warrnambool Cheese and Butter Factory to Canadian dairy giant Saputo will now receive an increased return of $9.40 per share. Saputo on Wednesday announced it had r..
Australian shares are firmer, despite bank stocks being mixed as investors remain anxious ahead of the US central bank's expected decision to keep tapering its stimulus measures. A surge in the vol..
