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Total personal finance commitments rose 2.2 per cent in August, seasonally adjusted, to $7.199 billion, up from $7.043 billion in July, the Australian Bureau of Statistics (ABS) said on Monday.Total c..
Energy Resources of Australia has raised $380 million from institutional investors in a new share sale to extend its Ranger uranium mine. ERA, in which Rio Tinto commands a majority stake, said it ..
Sales of new motor vehicles in Australia fell 1.5 per cent in September, official data shows.The Australian Bureau of Statistics (ABS) said on Monday that new vehicle sales fell to 86,872 units in Sep..
Stocks to watch on the Australian stock exchange on Monday:ANN - ANSELL LTD - down three cents at $13.87Ansell is due to hold its annual general meeting.ANZ - ANZ BANKING GROUP LTD - down 11 cents at ..
A roundup of trading on major world markets. NEW YORK - US stocks scored their third straight week of gains on Friday as anticipation of a fairly solid third-quarter earnings season trumped worries..
Rio Tinto has continued to try and turn its disastrous, overpriced $US38.1 billion Alcan acquisition into a positive by putting 13 of its aluminium units up for sale.Assets from the 2007 Alcan takeove..
Australian shares extended earlier losses to close lower following negative leads from US and European markets.By the close on Friday the benchmark S&P/ASX200 index shed 38.9 points, or 0.92 per cent,..
The amount of money Australians spend online is expected to swell to around $10 billion over the next five years, prompting large and small stores to position themselves for a piece of the pie. But..
A preview of next week's Australian economic data, October 17 to October 21:*****AUSTRALIAN BUREAU OF STATISTICS (ABS) NEW MOTOR VEHICLE SALESDue: MondayPeriod: SeptemberMarket forecast: No market for..
Metcash Ltd has refinanced a $700 million syndicated debt facility, which was well supported by local and overseas banks.Metcash chief financial officer Adrian Gratwicke said the company was pleased w..
Standard & Poor's has cut Spain's credit rating by one notch to "AA-" from "AA" with a negative outlook, following downgrades to the country's top banks.S&P said Spain's high unemployment, tighter fin..
ANZ has appointed Alistair Currie as its new chief operating officer following the departure of David Cartwright.Mr Cartwright, who has been responsible for global services and operations, will leave ..
Fitch ratings agency has downgraded five British and European banks and placed 12 major European and US banks on watch, citing their increased vulnerability to the heightened stresses on the global fi..
A roundup of trading on major world markets: NEW YORK - Falling banking stocks dragged the main US market indices down on Thursday amid worry about fallout from a Greek default, but Apple and Netfl..
Leighton Holdings' Offshore division has been awarded a $US518 million ($A509.7 million) contract by Iraq's South Oil Company (SOC).The project involves the development of two offshore platforms, a 75..
Virgin Australia and Singapore Airlines' (SIA) proposed alliance cleared the first hurdle on Thursday, after the competition regulator gave the tie-up the green light.The move brings Virgin a regulato..
Australia's biggest iron ore producer Rio Tinto has set a new quarterly record for sales of the steelmaking commodity. It also achieved a quarterly record for hard coking coal production, also used..
Qantas says it will ground five of its aircraft and cut up to 100 domestic flights a week because of the impact of ongoing industrial action."Regrettably, the industrial action from the licensed aircr..
Victoria drove Australian housing construction last financial year on strong population growth but the industry has warned that building in the state is likely to slow. Looking at Australia as a wh..
Australia's unemployment rate fell from a 10-month high to 5.2 per cent in September, official figures show.The August figure was an unrevised 5.3 per cent.Total employment rose 20,400 to 11.451 milli..
Bank of Queensland (BOQ) will fight hard for deposits and loan repayments this year after a flood-induced spike in bad debts wiped 14 per cent off its full year profit.The Brisbane-based lender said f..
A roundup of trading on major world markets: NEW YORK - US stocks posted solid gains Wednesday as investors took heart from signs of progress in Europe in dealing with the eurozone debt crisis. ..
Stocks to watch on the Australian stock exchange Thursday, Oct 13AAI - ALCOA INCORPORATED - untraded at $10.50Alcoa's quarterly profit has fallen short of expectation as worries about the global econo..
Slovakia has finally ratified the eurozone bailout fund, removing a major obstacle to the single currency area's battle against a raging debt crisis set to deal a heavy toll on Europe's banks.Slovakia..
The mineral sands market will remain strong because supply is extremely tight and emerging markets will continue to drive demand, Iluka Resources says.Chief executive David Robb said Iluka held about ..
