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Australian shares suffered their worst loss in a day since February amid jitters over a cutback in US stimulus measures and weaker than expected Chinese manufacturing data. The major ASX 200 and Al..
Telstra chief executive David Thodey says he does not know when work will resume on remediation of asbestos-affected telecommunications pits. However, Mr Thodey said he is not concerned about delay..
Tokyo stocks fell 1.74 per cent on Thursday after US Federal Reserve chairman Ben Bernanke said the bank could start reeling in its massive stimulus later this year, while weak Chinese manufacturing d..
Telstra chief David Thodey says Australia is not doing enough to foster talent and innovation.The telco boss told a business lunch in Sydney on Thursday that the world was entering the "age of the con..
The NSW government will extend Tabcorp's exclusive retail wagering licence until 2033.Racing Minister George Souris on Thursday announced the state government had reached an in-principle agreement wit..
Australian shares have opened lower after the US Federal Reserve indicated it could wind back of its massive stimulus program for the world's largest economy before too long.Shortly after the beginnin..
Chairman Ben Bernanke has ended weeks of speculation by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year because the economy is strengthening.Th..
US stocks sank more than 1 per cent early on Thursday, hit by a China-driven global markets sell-off and the Federal Reserve's announcement that it could begin slowing its QE stimulus this year.Five m..
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the United States.The US Federal Reserve chief B..
Investors have snapped up all of the $65 million worth of shares being sought by intelligence software-maker Wynyard Group, but at the low end of the $1.10 to $1.65 a share range nominated by joint le..
Shares in mining engineer WorleyParsons are up three per cent after a South Korean shipbuilding giant awarded it a $US100 million ($A105.97 million) offshore oil and gas contract in Nigeria. The ne..
Engineering firm Transfield Services has won $366 million in new work on the national broadband network. The company was already involved in the rollout of fibre optic cable in Sydney, and that wor..
A measure of economic growth in the coming months has strengthened because of growing company profits and gains on the share market.The Westpac Melbourne Institute Leading Index, which indicates the l..
Rupert Murdoch's new News Corp publishing business failed to impress investors in its stock market debut, losing three per cent of its value.The massive media empire is splitting its growing and more ..
Property firm Charter Hall Group and an associated superannuation fund have paid $458 million to a receiver for a Perth development which houses Bankwest's headquarters and the city centre's biggest r..
Australian shares have opened stronger as investors look to whether the United States will alter its massive economic stimulus program. The US Federal Reserve early Thursday is expected to provide ..
Embattled entrepreneur Nathan Tinkler has denied being forced by his lender into the $600 million sale that has ended his involvement with Whitehaven Coal.His long-time financier, Farallon Funds annou..
US stocks have risen decisively as investors bet the Federal Reserve will stay the course the next day on its economic stimulus policy.The Dow Jones Industrial Average surged 138.38 (0.91 per cent) hi..
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the United States.The market fell by as much as nearly one per cent during the day, in line wit..
Rupert Murdoch's hived-off newspaper business is tipped to suffer a fall in earnings in its first two years of stand-alone operation as it tries to reduce costs.Shares in New News Corp (NNC) will star..
Chinese energy company Shandong has raised funds to buy a subsidiary of Australian gold miner Stonewall Resources. Shandong had raised $US300 million ($A315.66 million) to acquire Stonewall Mining,..
Australian rare earths miner Lynas Corporation has dropped defamation action against a Malaysian green group. In April last year, Lynas initiated legal proceedings against Save Malaysia Stop Lynas...
The chairman of Australia's peak retail body has launched a strongly worded attack on critics of Australia's biggest retailers, saying a stream of misinformation is threatening job creation and impedi..
Developer Lend Lease has reassured investors its earnings will grow this financial year despite a restructure to deal with a slowing construction market.The company's shares dropped 7.5 per cent on Mo..
A further cut to the Reserve Bank of Australia's cash rate could still be on the cards as the economy undergoes a transition.In minutes from its June board meeting, at which the cash rate was left unc..
