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US stocks have closed higher following solid US and Chinese manufacturing data and good US car sales. The Dow Jones Industrial Average on Friday rose 69.80 (0.45 per cent) to 15,615.55. The broa..
Australian shares have been dragged lower by the big miners due to weaker commodities prices. IG market analyst Evan Lucas said trading had been uninspiring as the recent bull run comes to an end. ..
New figures confirm labour productivity growth has bounced back over the past couple of years. The figures were in the annual national accounts from the Australian Bureau of Statistics on Friday. ..
The chances of interest rates getting any lower are very slim, following a recent surge in the housing sector and improved confidence in the Australian economy. Eight out of 12 economists surveyed ..
Southern Cross Media shares have plunged after controversial Sydney breakfast radio duo Kyle and Jackie O announced they are quitting their top-rating 2Day FM show. The pair will leave the competit..
Outgoing David Jones boss Paul Zahra says there's nothing sinister about his departure, as he works on a seamless handover to a successor. Mr Zahra, who has been chief executive of the department s..
China's manufacturing activity expanded at its strongest pace in 18 months in October, the government says, another sign of increasing strength in the world's second-largest economy. The official p..
Whitehaven Coal says it has set a new company record by moving more than 1 million tonnes from its mines to the port of Newcastle in October. Whitehaven also achieved record monthly export sales of..
Sony shares have plunged more than 11 per cent after the Japanese electronics giant slashed its full-year profit outlook, dealing a blow to its much-vaunted turnaround plan.The stock finished at Y1,66..
US stocks have fallen following a flood of mixed earnings reports, but registered strong gains for the entire tumultuous month of October. The Dow Jones Industrial Average dropped 73.01 points (0.4..
Shares in Macquarie Group climbed to their highest level in four years after the investment bank's half year profit rose by 39 per cent to $501 million.Macquarie has also pointed to a stronger full ye..
Falls by most major banks and gains among industrial stocks resulted in a flat day on the share market. CMC Markets chief strategist Michael McCarthy said local stocks had performed well considerin..
Origin Energy's $25 billion liquefied natural gas (LNG) project in Queensland is now more than half finished.Australia's largest energy retailer says drilling of coal seam gas wells in central and sou..
Travel agency Flight Centre says it is on track to lift its pre-tax profit after a promising start to the financial year.Managing director Graham Turner told the company's annual general meeting on Th..
Wagering, keno and gaming support services business Tabcorp has called for the national regulation of the wagering sector. Tabcorp says the current state-based rules and taxation regimes are incons..
Uranium miner Paladin Energy says an employee has died, almost a month after receiving significant burns in an electrical incident at its Langer Heinrich Mine in Namibia.Three people, an employee and ..
Building approvals are at a three-year high, showing the housing market is alive and kicking while stoking hopes of a construction boom.Approvals for the construction of new homes rose 14.4 per cent, ..
The housing construction sector is continuing its solid gains, and the trend is likely to continue into the new year, economists say.New home building approvals rose 14.4 per cent across Australia in ..
Supermarket giant Woolworths says it will co-operate with any review into competition law but wants to be given "proper consultation".The retailer and its chief rival Coles will be scrutinised by a "r..
US stocks have closed lower after the US Federal Reserve maintained an aggressive monetary stimulus program and reiterated that it will await stronger economic conditions before scaling it back. Th..
National Australia Bank has made a record profit of almost $6 billion and hopes an improvement in business confidence will boost its bottom line next year.NAB's cash profit, a measure used to reflect ..
New Zealand's official cash rate (OCR) remains at a record-low 2.5 per cent, but Reserve Bank governor Graeme Wheeler says rates are set to rise next year.However, he says the strong New Zealand dolla..
Australian shares have finished firmer as investors expect the US Federal Reserve to maintain its economic stimulus measures. The US Federal Open Market Committee (FOMC) members will meet again on ..
Construction giant Leighton has vowed to fight a class action filed by shareholders seeking to recover losses stemming from the company's massive profit downgrade in 2011. Two years after it first ..
Supermarket giant Coles' private label canned fruit will all be Australian-grown from early next year. Wesfarmers' grocery subsidiary has signed a deal with SPC Ardmona (SPCA) to source 100 per cen..
