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The Reserve Bank of Australia is in a wait-and-see mode as it tries to work out whether it needs to deliver households more interest rate cuts.The minutes from the RBA's April 2 board meeting show the..
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity. After ..
US stocks have rallied strongly in opening trade, recovering some of their losses from a prior session marred by the deadly Boston explosions.Five minutes into trade, the Dow Jones Industrial Average ..
The Australian share market has closed lower as commodity price falls and weak economic data from China sparked a major sell off. Last week's gains were wiped out and some of the big miners were pu..
The rout of the gold price is expected to continue after holders of the precious metal and gold mining stocks were punished on Monday.The speed of the fall has surprised market watchers, with gold tra..
Mining company Rio Tinto warns the jobs of 1300 workers are at risk after a court overturned approval for a coal mine's expansion. Rio attacked the NSW planning system after the Land and Environmen..
PrimeAg shareholders have approved the sale of some of its assets to a US-based farm investor, as it moves towards delisting from the share market and winding up. Investors in the Australian rural ..
A large group of Australian councils, charities and churches who sued the now defunct US investment bank Lehman Brothers are one step closer to receiving a multi-million dollar settlement.The Federal ..
Mining giants Rio Tinto and BHP Billiton are expected to post softer iron ore and coal shipment reports after a series of cyclones hit northern Australia earlier this year. Analysts expect a hefty ..
Shareholder services provider Computershare has paid $US10 million ($A9.57 million) to buy a quarter stake in a US-based company. Computershare has bought a 25 per cent stake in INVeSHARE - which d..
Australian stocks have opened weaker, with the big miners leading the broader market lower after commodities prices, particularly gold, were hit hard in offshore trading. The price of gold reached ..
The federal opposition has rejected suggestions that Telstra has it over a barrel because it needs the telco's copper wires for its alternative national broadband network. The coalition released it..
US stocks have closed lower after two record-setting days, with sentiment dulled by poor US retail sales figures for March and more prospects of slow economic growth around the world. The Dow Jones..
Australian shares closed marginally higher on Friday to complete their biggest one-week gain since last October. The strong weekly again, of 2.5 per cent, appeared to be making up for the heavy los..
Stocks to watch on the Australian stock exchange at close on Friday: ANZ - ANZ - up two cents at $28.71 ANZ has left its variable interest rates on hold for April following its monthly review. ..
APA Group is to sell the Moomba-to-Adelaide gas pipeline system to QIC Global Infrastructure for $400.6 million. The pipeline was acquired by natural gas infrastructure business APA when APA took a..
ANZ has left its variable interest rates on hold for April following its monthly review. The bank said on Friday that its Australian retail mortgages would remain at 6.40 per cent. Variable inte..
Australia's domestic airlines cut the price of their cheapest economy tickets in April.Discount ticket prices for domestic travel fell by as much as 20 per cent compared with March, according to the B..
Australian banker Ken Borda is to replace Peter Coates as chairman of oil and gas producer Santos. Mr Coates has taken a full-time executive job at the merged Glencore-Xstrata resources group and t..
Australian stocks were flat at noon after giving up some of its early gains. Local stocks opened 0.2 per cent higher, as investors took their cues from fresh record highs on Wall Street and confirm..
Shares in Calibre Group have plummeted nearly 60 per cent following a profit warning just one month after the engineering and asset management firm affirmed guidance for a higher profit. Calibre, w..
Woodside is warming to building a floating LNG processing plant for its $45 billion Browse project after scrapping plans for a controversial onshore facility in Western Australia.The energy giant on F..
US stocks have pushed to new record levels after the government's weekly report on jobless claims came in better than expected. The Dow Jones Industrial Average jumped 62.90 points, or 0.42 per cen..
Australian grocery giant Woolworths is considering setting up shop overseas, but won't say where it's looking. Chief executive Grant O'Brien made the comments as the retailer posted a 2.5 per cent ..
Stocks to watch on the Australian stock exchange at close on Thursday: WOW - WOOLWORTHS - up 48 cents, or 1.42 per cent, at $34.37 WES - WESFARMERS - up 42 cents, or 1.05 per cent, at $40.54 ..
