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Australian shares closed marginally higher after fresh domestic economic data boosted sentiment, while there was opportunistic buying in industrial stocks.The benchmark S&P/ASX200 index finished u..
Coal miner Aquila Resources has received conditional approval from the federal government for its first iron ore mine.Aquila, which has several coal projects in Queensland, on Wednesday received comm..
Grocery wholesaler Metcash has finally cleared the legal hurdles to its acquisition of Franklins, as it upgrades its financial forecast for its current fiscal year. Seventeen months after announcin..
Western Australia's gas security has been bolstered with the signing of two supply contracts with Chevron's $US43 billion ($A43 billion) Gorgon liquefied natural gas (LNG) project. WA power station..
The future of shopping centre owner Centro remains uncertain, with no sign of when a court will deliver its verdict on the company's restructure plans.Securityholders last week approved the amalgamati..
Australia's housing sector is continuing to struggle, with further falls in home prices and sales of new dwellings close to the lowest level in a decade. Capital city home prices fell by four per c..
Australia's largest rare earths miner Lynas Corporation says prices for rare earths have fallen in recent months, which is a healthy development for the industry. Lynas is in the development phase ..
American Airlines' filing for Chapter 11 bankruptcy protection tempered upward momentum in US markets on Tuesday, with the major indexes finishing above the neutral line. More positive predictions ..
US online sales rose 33 per cent on the Monday after the Thanksgiving holiday weekend, a report by a sales tracking agency says. The average order rose 2.6 per cent to $US193.24 ($A195.80) on the d..
US stocks have soared by four per cent after major central banks joined hands to ensure commercial banks would not be undermined by market worries over the eurozone crisis.Sharply higher from the open..
Australian shares rose one per cent in the second consecutive day of gains as financial and real estate companies led the market higher.The benchmark S&P/ASX200 index was up 43.9 points, or 1.08 p..
Harvey Norman isn't expecting a wonderful Christmas season after consumer electronics sales copped a hiding in 2011. Chief executive Gerry Harvey says stores are selling large numbers of television..
Australia will be hit by more severe cyclones stretching as far south as NSW in the coming decades, one of the country's largest general insurers predicts. Severe hailstorms will also double in fre..
Laboratory group Campbell Brothers has increased first half profit 54 per cent to a record and flagged a surge in its full year result. Chairman Geoff McGrath flagged a jump in the company's full y..
Australia is regarded as one of the world's safest borrowers, after a global ratings agency upgraded the country to the highest possible rating for its overseas borrowings.Fitch Ratings upgraded Austr..
Design and construction company VDM Group has won $30.6 million worth of work with BHP Billiton.VDM has now won over $130 million worth of new work this financial year, it said.The company has signed ..
Premier Investments, the owner of retail brands such as Just Jeans and Portmans, says trade improved in October and is in line with expectations in November. The company also reaffirmed its guidanc..
Ratings agency Fitch has reaffirmed the United States' top credit rating, but downgraded the outlook to negative as it projected slow growth, political stalemate and rising levels of debt this decade...
A roundup of trading on major world markets: NEW YORK - A strong start to the US shopping season and fresh proposals for a far-reaching solution to Europe's debt crisis sent stocks sharply higher o..
Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON LTD - up 80 cents, or 2.35 per cent, at $34.85 BHP Billiton chief executive Marius Kloppers says the European debt..
The Australian share market ended its recent losing streak with firm gains on Monday as hopes mounted that European leaders were closer to finding a solution to the region's debt crisis. Strong US ..
BHP Billiton chief executive Marius Kloppers says the European debt crisis could dry up trade finance, the lifeblood of world commerce. Mr Kloppers said there had recently been a "fairly large chan..
Shareholders have approved a plan by Rio Tinto and Japan's Mitsubishi to buy the remaining shares in coal miner Coal and Allied Industries. In a meeting in Sydney on Monday, more than 99 per cent o..
Higher fuel costs, expenses from an industrial dispute and chief executive Alan Joyce's decision to ground the carrier's entire fleet have prompted Qantas Airways to forecast a sharp drop in first hal..
Rio Tinto has maintained its faith in Chinese growth by raising its Pilbara iron ore production target, even though it admits customers are becoming increasingly cautious about the world economy. T..
