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A $2.17 billion takeover offer for toll road owner ConnectEast has received foreign investment review board (FIRB) approval, clearing the way for a shareholder vote on the bid. Investment vehicle H..
Tectonic Resources is holding talks with Chinese parties about funding for its $145 million, potentially wind-powered Phillips River copper and gold project near Ravensthorpe in Western Australia. ..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE TODAY MONDAY, AUGUST 29ASX - ASX LTD - up eight cents at $29.35ASX Ltd, the listed owner of the Australian Securities Exchange, has appointed the head ..
A summary of trading in key commodities markets overseas: ENERGY Oil prices rose slightly Friday on little industry news and a noncommittal speech on the US economic outlook from central bank ch..
New home sales have fallen to their lowest level in more than a decade, reflecting a sharp deterioration in new home building conditions, the Housing Industry Association (HIA) says.A survey of Austra..
The Australian share market has closed higher, with investor sentiment buoyed by rallies on offshore markets, but pulled back slightly from earlier gains.At 1615 AEST, the benchmark S&P/ASX200 index w..
Fairfax Media's sagging shares received a seven per cent boost after the company announced plans to sell part of its New Zealand TradeMe business. The diversified publishing house also said adverti..
New Australian infrastructure projects are likely to deliver growth to Lend Lease Group over the next financial year, despite global uncertainty. The construction company and property developer say..
GPT Group has lifted reported first half profit by 67 per cent and says it is on track to be Australia's best performing property group.Chief executive Michael Cameron said GPT expected to deliver a s..
Perpetual's shares jumped to a 10-week high after the wealth manager and trustee announced a $70 million off-market share buy-back and an annual profit in line with expectations. The stock surged $..
ASX Ltd, the listed owner of the Australian Securities Exchange, has appointed the head of Tabcorp to replace chief executive Robert Elstone.Mr Elstone steps down from the top job after five years on ..
Sky Network Television reported a 16.7 per cent rise in full year net profit to $A95.44 million, while revenue lifted 7.4 per cent to $A633.29 million. The total subscriber base rose by a net 27,02..
A roundup of trading on major world markets: NEW YORK - US stocks fell on Thursday, a day before Federal Reserve chief Ben Bernanke gives a much-anticipated speech that will offer hints of how the ..
Copper jumped nearly two per cent to close at a three-week high, as confidence in Asian economic growth prospects and speculation that the Federal Reserve could stand ready to support the ailing US ec..
Australian shares closed lower on Friday, ending a flat day of trading ahead of a speech by US Federal Reserve chairman Ben Bernanke, which is scheduled for after the local market closes.At 1615 AEST,..
The world's largest scrap metal recycler, Sims Metal Management, has posted a 51.6 lift in full year profit on the back of a vastly improved performance by its ferrous (iron) division.Net profit rose ..
France might know a thing or two about food, wine and fashion, but Australia's biggest private hospital operator believes it also has a flair for health care. Ramsay Health Care chief executive Chr..
Beleaguered electricity customers could be in for another price rise after AGL Energy said it wanted to bolster margins. Chief financial officer Stephen Mikkelsen said the energy distributor had en..
The consumer watchdog has suffered a defeat as the Federal Court rejected its bid to prevent Metcash taking over the Franklins chain of supermarkets.Metcash is now poised to acquire Franklins' 80 corp..
Woolworths expects tough times for retailers are here to stay as consumers have "stopped dead", leading to the supermarket giant's own anaemic trading for July and August. Australia's biggest super..
Leighton says a change in leadership style is necessary to re-energise the construction company and return it to profitability, after its chief executive was sacked just eight months into the job.A un..
Iluka Resources has booked a first half profit due to higher mineral sands production and a jump in prices, and expects strong prices will continue amid tight supply. Shares in Iluka had jumped 78 ..
Stocks to watch on the Australian stock exchange on Thursday, August 25AAX - AUSENCO LTD - up 15 cents at $2.22Ausenco has reported a first half profit of $7.71 million, as the engineering and mining ..
A roundup of trading on major world markets: NEW YORK - US stocks rose Wednesday following an upbeat report on durable-goods orders and amid hopes that the US central bank chief might endorse new s..
Transport group Toll Holdings says conditions for the firm have stabilised, although the outlook remains challenging given its relatively flat profit result.Net profit rose one per cent to $281 milli..
