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Make a note in your relatively new 2012 diaries for two o'clock, February 7. It marks the first federal parliamentary sitting day of the year ... and the first hour or so of question time could be ..
Sales of new homes in the United States skidded in December, bringing to a close the worst year on record, the Commerce Department reported Thursday. Only 302,000 new houses were sold during the ye..
Woodside Petroleum is likely to replicate the ownership structure of its North West Shelf (NWS) operations at the planned Browse project although it may exclude Shell, an analyst says. Fat Prophets..
US stocks erased early gains on solid earnings reports from Caterpillar and Netflix to end lower on Thursday, with some weak economic data and profit-taking seeming to drive the selling. The Dow Jo..
Australian shares closed at a six-week high after official figures showing an easing of inflation boosted hopes for further interest rate cuts. Financial stocks surged two per cent on hopes that an..
Whitehaven Coal sales plunged in the December quarter after a shortage of explosives hampered mining. The miner on Wednesday reported total coal sales of almost 1.43 million tonnes (Mt) for the thr..
Asciano has restructured its Patrick ports division, resulting in a significant reshuffle of its executive team. The Patrick business comprises a containers and terminals arm, a ports and stevedori..
Economists say another cut to interest rates is a "done deal" after official data showed inflation was continuing to slow. Data released by the Australian Bureau of Statistics (ABS) on Wednesday sh..
Building products distributor Alesco Corporation has more than tripled its first half profit but says trading conditions are tough and will continue to be so. The construction, mining and home prod..
The Anglo-Australian mining giant Rio Tinto says it now holds a majority stake in Ivanhoe Mines, further extending its control over immense Mongolian gold and copper deposits. Rio Tinto raised its ..
The European Central Bank (ECB) chief economist says there are signs eurozone growth prospects are improving and that credit conditions are favourable, dampening hopes of another rate cut in the near ..
A roundup of trading on major world markets: NEW YORK - Stocks closed marginally lower overnight as investors remained concerned that a deal to cut Greece's debt might fall through. The Dow Jone..
Stocks to watch on the Australian stock exchange early on Wednesday: GUD - GUD HOLDINGS LTD - down four cents at $7.31 Consumer and industrial products supplier GUD Holdings says trading conditi..
Australian shares ended flat after retreating from positive territory on growing concerns that Greece and Portugal may need more bailout funds. "Risk assets continue to trade cautiously on the slig..
Oil Search expects flat production into 2013 as natural field decline and processing shutdowns are offset by new exploration success. The warning came after the oil and gas explorer and producer ac..
Banks and other stocks with strong investment returns boosted Milton Corporation first half profit by 19.3 per cent to $54.6 million. The listed investment company's profit jump was driven by a 25-..
Laos-focused miner PanAust expects higher copper output this year but production costs should rise as it upgrades the processing plant at its flagship Phu Kham mine. Brisbane-headquartered PanAust ..
Australia's biggest gold producer Newcrest Mining has reported a 20 per cent drop in quarterly gold production compared with the prior corresponding December quarter. The company blamed a ground sl..
Consumer and industrial products supplier GUD Holdings says trading conditions are expected to remain tough in the second half of the financial year in the wake of a fall in profits in the first half...
Prime Minister Julia Gillard has promised to do all she can to support sacked Toyota workers and vowed not to desert Australian industries as they are squeezed by the high Aussie dollar and weak marke..
Atlas Iron has cut its production targets for its financial year and predicted a weak start to its second half. The Pilbara-focused miner blamed the effect of Cyclone Heidi for reducing its forecas..
Stocks to watch on the Australian stock exchange early on Tuesday: AMH - AMCIL LTD - up one cent at 68 cents A loss on income from its trading portfolio dragged down investment firm AMCIL's firs..
A roundup of trading on major world markets: NEW YORK - US stocks were largely flat overnight, closing mixed on concerns about talks in Greece aimed at reaching a deal with private creditors to low..
The Australian share market closed weaker as investors awaited an outcome to Greek debt restructure plans, with eurozone finance ministers scheduled to meet later on Monday. The benchmark S&P/A..
The multi-billion-dollar Australia-Pacific liquefied natural gas (APLNG) expansion project is nearing a decision to proceed. This follows China's state-owned Sinopec signing up for more gas and a h..
