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Anglo-Dutch oil giant Royal Dutch Shell says that net profits more than tripled in the second quarter, boosted by asset sales and higher oil prices. Earnings after taxation soared by 206 per cent t..
The Australian share market has continued to hold above the 5,600-point mark - its highest level since the global financial crisis in 2008. CMC Markets chief market strategist Michael McCarthy said..
The Australian share market is slightly higher after a flurry of mixed quarterly production data and weaker-than-expected building approval data. Early trade was quiet as investors digested the eff..
Australia can't pin all its hopes on the housing sector to drive the economic recovery, as building approvals appear to have passed their peak. Approvals for the construction of new homes came in w..
Stocks to watch on the Australian stock exchange on Thursday, July 31: AQG - ALACER GOLD - down five cents, or 1.94 per cent, at $2.53 Shares in Alacer Gold are lower despite the company announc..
The Australian share market has reached a new six-year high, finishing above 5,600 for the first time since the global financial crisis. CMC chief market strategist Michael McCarthy said many inves..
The Australian share market has closed higher, finishing above 5,600 for the first time since the global financial crisis. At the close on Wednesday, the benchmark S&P/ASX200 index was 34.5 poi..
House prices are expected to soar 10 per cent this year, but the Reserve Bank may need to start hiking rates in 2015 to prevent a dangerous bubble emerging. HSBC Australia chief economist Paul Blox..
Japan's factory production in June logged its sharpest fall since the 2011 earthquake-tsunami disaster, hit largely by drops in cars and industrial machines. Production fell 3.3 per cent month-on-m..
US home prices rose in May at their slowest annual pace since February 2013, underscoring weakness in the housing market, the S&P Case-Shiller index shows. The 20-city home price index rose at ..
The Australian share market is up, with mining stocks among the top performers. Most sectors are up, with three of the best performing sectors being energy, health and consumer staples, IG markets ..
Mortgage insurer Genworth has impressed investors with a 40 per cent rise in first half profit and forecasts of further growth. Shares in the company, which provides insurance for a range of banks ..
Stocks to watch on the Australian stock exchange on Wednesday, July 30: BPT - BEACH ENERGY - down 5.5 cents, or 3.1 per cent, at $1.705 Beach Energy shares have fallen after the oil and gas prod..
The share market has closed slightly higher after iron ore miners reversed early losses. The market was in negative territory for most of the session, but turned around when mining stocks picked up..
Business confidence appears to be improving if the increase in the number of business startups is anything to go by. The number of new businesses in the June quarter jumped 23 per cent on the previ..
Consumers have got their groove back, having shaken off their woes about the federal government's planned budget cuts. The latest weekly ANZ-Roy Morgan survey shows consumer confidence levels at a ..
The Australian share market is trading flat, though marked by a plunge in the shares of insurer QBE. Lonsec senior client adviser Michael Heffernan said the local bourse was "as flat as a tack". ..
The housing market is continuing to strengthen, and looks set to take over from mining investment as the main driver for economic growth in the coming year. New home sales were up 1.2 per cent in J..
Consumers have got their groove back, with confidence levels rebounding to where they were before people started worrying about government budget cuts. The latest weekly ANZ-Roy Morgan survey shows..
Stocks to watch on the Australian stock exchange on Tuesday, July 29: BCI - BC IRON - up two cents, or 0.6 per cent, at $3.27 Miner BC Iron has flagged a lift in its full year earnings, despite ..
US stocks have finished mixed following prominent corporate deals and a drop in pending home sales as investors look ahead to fresh earnings and labour market data. The Dow Jones Industrial Average..
The share market has fallen slightly as gains by iron ore miners were outweighed by falls by most banks and retailers. Trading volumes were low due to a lack of new economic data, and investors are..
The Australian share market has closed slightly lower, starting and ending the session with falls into the red. At the close on Monday, the benchmark S&P/ASX200 index was 6.1 points, or 0.11 pe..
Australia's second largest private hospital operator has gained more than $200 million in value in a successful return to the share market. Despite a lacklustre day on the market, Healthscope share..
Mining services company Boart Longyear says the fall in demand for its products may be over, but warns analysts are over-estimating what the company will earn in 2014. The company's earnings contin..
