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Bendigo and Adelaide Bank has lifted its cash profit almost 10 per cent as lower funding costs offset the impact of weak lending growth. Australia's largest regional lender made a cash profit of $1..
Australia's largest freight rail operator expects to haul more coal this year than previously forecast, but has suffered a fall in half year profit. Despite a long downturn in the Australian coal m..
US stocks have vaulted higher as investors shrugged off a report showing poor industrial output last month as mainly weather-related. The Dow Jones Industrial Average jumped 126.80 (0.79 per cent) ..
ANZ is keeping its home loan interest rates on hold for a sixth straight month. The bank's standard variable rate remains at 5.88 per cent per annum, after the Reserve Bank of Australia left the ca..
The Australian share market closed higher on Friday following a good lead from US markets and encouraging company earnings reports. "It's been a very happy Valentine's Day for investors today, and ..
China's inflation rate was steady at 2.5 per cent year-on-year in January, with analysts warning the figure suggested weak growth prospects for the world's second-largest economy. The consumer pric..
A third consecutive year of weak uranium prices has led to Paladin Energy's half year net loss increasing to $US255 million. The uranium producer does not expect any short-term improvement either, ..
The Australian market has built on early gains with all sectors in the black, mainly due to a positive earnings season. CMC Markets chief analyst Michael McCarthy said Australian market's solid ris..
Australia's largest car and truck retailer has managed a small rise in half year profit, as changes in its road transport operations weighed on earnings. Automotive Holdings Group owns more than 15..
Newcrest Mining expects to be in a sustainable cash position by the end of the financial year as it keeps a lid on costs and pays down debt. Australia's largest gold miner recently improved its cas..
US stocks have ended higher, shrugging off some disappointing retail sales and jobless claims data. The Dow Jones Industrial Average rose 63.65 points (0.40 per cent) to 16,027.59 on Thursday. T..
The Australian share market's run of gains has ended, due to mixed reactions to corporate profit reports. Shares had posted five straight days of gains, but the market closed marginally lower on Th..
Canadian dairy giant Saputo has fallen short of taking full ownership of Victoria's Warrnambool Cheese and Butter Factory. Beverage and food group Lion has refused to sell its 10 per cent stake, an..
Australian stocks gave up early gains in share prices after the unemployment rate hit its highest level in more than a decade. News that the jobless rate was 6.0 per cent sent the ASX200 falling fr..
At least 1300 Forge Group employees have been sacked without pay after the engineering company's clients cancelled their contracts. Forge is on the verge of being delisted from the Australian share..
Optus has lifted its quarterly net profit by more than 40 per cent, but concedes it still needs to address network coverage and bill shock. Optus boss Kevin Russell says the telco is also working t..
David Jones boss Paul Zahra has given the strongest indication yet he will remain in the job, stressing that he hasn't yet handed in his resignation. Mr Zahra signalled his intention to resign in O..
Telstra has increased its dividend for the first time in eight years as it gains almost 740,000 new mobile customers and lifts its half yearly profit by nearly 10 per cent. Telstra made a net profi..
Toll road operator Transurban says it will take a substantial stake if it and its consortium partners bid for Queensland Motorways Ltd (QML). "Clearly, for us to be involved it would have to a very..
Economists expect little improvement in the jobs market in the months ahead, after the unemployment rate hit six per cent for the first time in over 10 years. Australia's jobless rate for January r..
US stocks finished mixed, snapping a four-day winning streak for the S&P 500 and the Dow Jones Industrial Average. The Dow lost 30.83 (0.19 per cent) at 15,963.94. The S&P 500 dipped 0.4..
Australian stocks have finished higher for the fifth consecutive trading session as the resources sector led the gains. RBS Morgans client adviser Alistair McCorquodale said investors were continui..
China's trade surplus surged in January, according to data Wednesday that showed exports strengthening in a potentially brighter note for the world's second-biggest economy after a disappointing perfo..
Consumer confidence has fallen to its lowest level in seven months as worries about rising unemployment and higher interest rates causes anxiety about household finances. Commonwealth Bank economis..
Dexus Property Group has managed to lift its half year profit while moving to acquire Commonwealth Property Office Fund (CPA). Dexus, the owner of $7.4 billion in office and industrial properties, ..
