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Business conditions have slumped to their lowest levels in three years - and things could get worse in the months ahead. However the gloomy outlook does not guarantee a pre-Christmas interest rate ..
Construction giant Leighton Holdings is reviewing the value of its investment in troubled Brisbane toll road operator BrisConnections. BrisConnections, the owner of Brisbane's airport link toll roa..
Stocks to watch on the Australian stock exchange on Tuesday, November 13 BCS - BRISCONNECTIONS - in a trading halt, last traded at 40 cents. BrisConnections, the operator of Brisbane's airport l..
US stocks closed flat on Monday as persistent fears about the looming "fiscal cliff" of spending cuts and tax hikes at year-end overshadowed encouraging China trade data. The Dow Jones Industrial A..
Australian shares have closed lower, dragged down by weakness in the mining and energy sectors. At 1615 AEDT on Monday, the benchmark S&P/ASX200 index was down 14.02 points, or 0.31 per cent, a..
Moves from some state governments to set lower electricity prices will backfire over the long run leaving households worse off, Origin Energy managing director chairman Grant King says. Mr King say..
Chemicals company Orica believes a new strategy of commercialising new products faster will lift profit despite a subdued outlook for the global mining industry. Investors punished the company's sh..
Australians are starting to take advantage of lower interest rates by getting back into the property market. But economists say signs of improvement in the housing sector could persuade the Reserve..
National Australia Bank chief executive Cameron Clyne stands to be awarded almost $4 million worth of bonuses. The bank's shareholders will vote on the grant of performance rights to Mr Clyne and t..
Shares in global insurer QBE have fallen sharply after the company downgraded its earnings expectations in the wake of superstorm Sandy in the United States. QBE said on Monday that its losses from..
BlueScope Steel has scrapped a previously announced offer of $US300 million ($A289.90 million) in notes to institutional investors. "The decision to not proceed was taken due to recent volatility i..
Stocks to watch on the Australian stock exchange on Monday November 12 LYC - LYNAS CORPORATION - in trading halt, last traded at 80.5 cents Analysts remain unimpressed by rare earths miner Lynas..
Oil Search insists it will meet its funding share of the massive Papua New Guinea liquefied natural gas (PNG LNG) after costs blew out by 21 per cent to $US19 billion ($A18.34 billion). Oil Search ..
US stocks ended a roller-coaster week lower, hitting a big election-day rally Tuesday only to plunge after President Barack Obama defeated Republican challenger and Wall Street ally Mitt Romney. Wh..
The Australian share market closed lower, with negative global headwinds reducing investors' risk appetite. At the close on Friday, the benchmark S&P/ASX200 index was down 21.8 points, or 0.49 ..
Shareholders have delivered MacMahon Holdings its "first strike" over executive pay amid widespread anger over a recent earnings downgrade and a forecast first-half loss. More than 28 per cent of s..
Analysts remain unimpressed by rare earths miner Lynas's financial position despite this week's legal win that will allow it to operate a rare earths plant in Malaysia. Deutsche Bank and JP Morgan ..
Victorian electricity and gas distributor SP AusNet's half year profit has grown by 16 per cent due to higher electricity prices and an increase in gas volumes. SP AusNet distributes electricity to..
Hopes of a pre-Christmas rate cut may have been dashed after the Reserve Bank of Australia revised up its inflation forecasts. The RBA on Friday said it expected the consumer price index (CPI, a me..
Big corporations should take note of a $115 million settlement of a class action against the National Australia Bank (NAB), law firm Maurice Blackburn says. About 15,000 NAB shareholders took legal..
Weaker commodity prices and a high exchange rate have dealt a double whammy to Australia's mining sector, making companies less willing to invest and driving expectations for domestic growth lower. ..
Shares in Australia's largest electricity retailer, Origin Energy, have plunged to their lowest level since early 2008, amid a profit downgrade and debt worries. However, Origin chief executive Gra..
US stocks have sunk in a second day of losses following President Barack Obama's re-election victory, trimming another one per cent after Wednesday's huge rout. The spectre of a bruising political ..
The Australian share market closed 0.7 per cent lower on Thursday following steep falls on Wall Street. At the close on Thursday, the benchmark S&P/ASX200 index was down 32.7 points, or 0.72 pe..
Shares in Lynas Corporation surged in late trade after a Malaysian court paved the way for the company to begin operating a controversial rare earths processing plant. The Kuantan High Court ruled ..
