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The Australian share market has finished lower, dragged down as nervous investors take their leads from falls across major Asian markets. Despite small gains in early trade, Australian shares close..
Gold miner Perseus has cut its production forecasts and flagged changes at its mine in Ghana to maximise margins after a sharp fall in the gold price. The update from the company sent its share pri..
Profit at Australia's largest KFC franchisee has grown by 43 per cent, but investors are more concerned about its struggling Sizzler business.Collins Foods made a $16.4 million net profit in the 12 mo..
The days of the Australian dollar being above 100 US cents are done and dusted as the economic fortunes of Australia and its major trading partners change. None of the 18 foreign exchange professio..
Foods giant Goodman Fielder has renegotiated its private label bread contract with supermarket chain Coles. But in a case of good news, bad news, Goodman Fielder expects its earnings for the 2012/1..
Australian shares are marginally firmer as bargain hunters buy banking and retail stocks while resource companies falter in the wake of a Chinese slowdown.Lonsec general manager of equities research B..
Gold miner Newcrest has brought in an experienced banking and financial executive to review its disclosure practices amid a scandal over recent announcements to the market. Newcrest is currently un..
Hong Kong stocks have risen rose 0.21 per cent, reversing earlier losses on bargain hunting, but traders remain concerned about a liquidity crisis in China's banking system.The benchmark Hang Seng Ind..
The startup behind a Snapchat application for sharing self-destructing smartphone photos and messages has got a dizzying valuation in a new funding round. Reports that the company launched in late ..
US stocks have ended the day decisively lower on concerns about the Chinese economy but rallied well above their intraday lows as US Treasury yields retreated. The Dow Jones Industrial Average sank..
Australian shares have posted their largest one-day loss in two months as nervous investors looked to steep falls on Asian markets due to fears of a credit crunch in China. Chinese shares slumped m..
Shares in health insurance comparer iSelect have sunk by more than 15 per cent in their first day on the share market. The 13-year-old company's share price opened at $1.76 when it began trading on..
American food giant Archer Daniels Midland (ADM) is a step closer to taking over Australia's largest grains handler after GrainCorp directors urged shareholders accept a $3 billion offer. Sharehold..
Victoria's two big gaming companies have won court action against the state government over levies of more than $42 million imposed on them.The Victorian Supreme Court on Monday ruled in favour of Tat..
Incoming Metcash chief executive Ian Morrice has lashed out at his rivals Coles and Woolworths, saying Australia's supermarket business is not a level playing field.Mr Morrice made the statement as Me..
The slowing of the mining boom and public sector cuts will lead to a dramatic drop in the number of new homes being built in parts of Australia, according to a new report.However, localised population..
Leighton has won an extension to its work at Fortescue Metals' Solomon Hub iron ore project in the Pilbara, taking the total value of the work to a record $2.8 billion.Leighton Contractors, a subsidia..
Mining giant Rio Tinto has taken its diamonds business off the market. Despite a global push to offload underperforming assets, Rio announced on Monday that it will retain its diamonds businesses f..
Nearly $1.9 billion has been wiped off the market value of wealth manager AMP after it warned of a fall in its first half profit.Higher than expected income protection claims are a key reason for an e..
US stocks finished a turbulent day mostly higher as the market bounced back from two straight days of big declines after the Fed set a likely timetable for reeling in its stimulus program. The Dow ..
Rare earths miner Arafura Resources has pulled out of a deal to buy land from steel maker Arrium as it looks to save $400 million by moving to the Northern Territory instead. Arafura was going to b..
Australian real estate trust Charter Hall Retail is selling five Polish shopping malls at a discounted price of $60 million. The centres, which house 330 speciality stores between them, are being o..
Shares in Newcrest Mining have slumped to nine-year lows as the miner battles disclosure and operational problems.However, all gold stocks on the ASX were being punished on Friday after the price of t..
Mining giant BHP Billiton has sold a 15 per cent stake in a West Australian iron ore mine to two Japanese conglomerates for $US1.5 billion ($A1.64 billion).ITOCHU Corporation is investing $US800 milli..
US stocks have plunged, continuing a global markets rout spurred by the Federal Reserve's plans to cut stimulus and more bad news in China's manufacturing and banking sectors. At the closing bell, ..
