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The Australian share market was firmer at noon as the mining giants outperformed the market, and gained another boost from positive Chinese trade data.BHP Billiton was up 1.26 per cent, or 43 cents, t..
Holden insists it will keep making cars in Australia despite reporting a $153 million loss as motorists steer away from locally built cars.More than 1.1 million vehicles were sold last year, yet deman..
Fortescue Metals Group is trying to boost its permanent Aboriginal workforce as the company moves from a construction phase into production.The Pilbara iron ore miner says more than one in 10 Fortescu..
Disney has topped analyst expectations as revenue gains at its parks and movie studio led to a 32 per cent increase in net income during the January-March quarter.Net income grew to $US1.51 billion ($..
Mining giant BHP Billiton will raise $734 million by issuing bonds in Canada.BHP is issuing $C750 million worth of bonds, with the proceeds to be used to refinance debt, the company said.
The blue-chip Dow Jones Industrial Average has closed above 15,000 for the first time as investor optimism about the US economy bolstered equities like Caterpillar. The Dow jumped 87.31 (0.58 per c..
The Australian share market closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. The banks were being sold leading into the surprise interest rate move a..
Four of Australia's five biggest banks have passed on the central bank's quarter of a percentage point rate cut in full. NAB was the first to move, and maintained its leading position on standard v..
Tokyo stocks have soared, closing at their highest level in almost five years with the market driven by a weakening yen and after Wall Street hit fresh all-time highs on solid jobs data.The benchmark ..
The Reserve Bank of Australia has cut the cash rate to 2.75 per cent at its May board meeting, in a effort to boost economic growth in Australia, which is still below trend. In 2012 the central ban..
The Australian dollar is about a third of a US cent lower ahead of the central bank's monthly interest rate decision. At 1200 AEST on Tuesday, the currency was trading at 102.44 US cents, down from..
Stocks to watch on the Australian stock exchange at noon on Tuesday: BBG - BILLABONG INTERNATIONAL LTD - in trading halt, last traded at 45.5 cents Shares in troubled retailer Billabong are in a..
Law firm Slater and Gordon hopes to raise $60 million to expand its business in the United Kingdom. Shares in the company will remain in a trading halt after jumping 10 per cent before the capital ..
Beverage company Coca-Cola Amatil (CCA) says its earnings have been hit by a price war with Pepsi and fewer soft drinks sales in supermarkets, especially in blue collar areas.Managing director Terry D..
US stocks have closed mixed, with Bank of America advancing strongly on news of a key mortgage securities settlement.The broad-based S&P 500 edged to a new all-time closing high, rising 3.08 (0.19 per..
The 500 largest US companies scored near-record profits last year and retailer Wal-Mart replaced ExxonMobil as the biggest revenue maker on the annual list, Fortune magazine says.Apple cracked into th..
The Australian share market closed higher as the resources sector staged a recovery due to a jump in commodity prices. CMC Markets chief market analyst Ric Spooner said Australian market turned its..
The Australian dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 1700 AEST on Monday, the local unit was ..
Shares in Slater & Gordon jumped 10 per cent shortly before trade was halted ahead of a capital raising by the law firm. The company requested its shares be placed in a trading halt until Wedne..
Construction and mining services giant Leighton has assured investors its finances are okay despite debt levels rising sharply in the March quarter.While the company posted a strong net profit of $123..
Iron ore miner Fortescue Metals Group hopes to sell part of its rail and port assets by mid-year, with the proceeds going towards paying down its massive debt.Chief executive Nev Power would not divul..
Troubled media group APN News and Media has appointed News Ltd's Michael Miller as its chief executive.Mr Miller's appointment is the latest move in a shake-up at the highest levels of APN, that has a..
Greater demand from miners and the New Zealand dairy industry has help explosives and chemicals supplier Orica increase its profits by six per cent.Orica's net profit of $267 million in the six months..
Australia's retail sector may be doing just well enough to stand in the way of a rate cut, even with a drop in sales in March.Retail sales fell 0.4 per cent in March, with household goods and clothes ..
There is no sign yet of improvement in the depressed Australian housing sector, and the industry could benefit from another interest rates cut, says building products supplier Boral.In a trading updat..
