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Weak export data confirms concerns about commodity prices and justifies the Reserve Bank of Australia's (RBA) latest interest rate cut, economists say. Official figures released on Wednesday showed..
Andrew "Twiggy" Forrest's Fortescue Metals is the most vulnerable iron ore miner in the world to lower commodities prices, Standard and Poor's Ratings Services (S&P) says. The credit agency war..
Stocks to watch on the Australian stock exchange on Wednesday, October 3: ANZ - ANZ BANKING GROUP - up 20 cents at $24.99 CBA - COMMONWEALTH BANK - up 19 cents at $56.04 NAB - NATIONAL AUSTRA..
US stocks have closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure. Hints that a rescue plan for Spain was imminent gave share..
The Australian share market finished one per cent higher as investors piled into equities after the Reserve Bank of Australia (RBA) cut the cash rate by a quarter of a percentage point. At the clos..
Australia's big four banks are facing mounting pressure to slash their interest rates after the central bank delivered its fifth cash rate cut in 12 months. The Reserve Bank of Australia (RBA) on T..
The Australian dollar fell by more than one third of a US cent after the central bank cut its interest rate by 0.25 per cent to 3.25 per cent at its October board meeting. The reduction takes the c..
Trade in Fortescue Metals Group shares has been halted ahead of a High Court decision that could put Andrew Forrest's position as chairman of the company in doubt. In a brief statement, Fortescue s..
The state of New York has filed a suit against JPMorgan Chase and its subsidiary JPMorgan Securities over the allegedly fraudulent sales of mortgage-backed securities ahead of the US financial crisis...
US stocks posted losses on Friday, the last trading day of the third quarter, after disappointing business activity and consumer spending reports fueled concerns about the economy. The major indice..
Australian credit grew at a snail's pace for the third month in a row in August. Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in August after rises of..
Woolworths non-executive director and World Cup cricket organiser Ralph Waters has been elevated to the chairman's job after the surprise resignation of James Strong. Mr Water's promotion to the to..
The head of the former Centro Properties Group was paid $3 million in the final five months of the shopping centre owner's operation. Centro was one of Australia's highest-profile casualties of the..
Hostile suitor DuluxGroup has forced Alesco into an 11th-hour acceptance of its takeover offer that saved shareholders from missing out on an extra 27 cents per share dividend. Building products an..
Stocks to watch on the Australian stock exchange on Friday, Sept 28: ALS - ALESCO CORPORATION LTD - in trading halt, last traded at $2.00 DLX - DULUXGROUP LTD - down one cent, or 0.31 per cent, ..
Caltex Australia has confirmed it will close its Kurnell refinery in Sydney in the second half of 2014 after discussing the proposal with staff and unions. The company announced on July 26 it plann..
The Australian market is set to open slightly higher after world markets reacted positively to the release of Spain's 2013 budget supporting its austerity measures. At 0719 AEST on Thursday, the De..
US stock markets scored solid gains on Thursday amid speculation of additional stimulus measures from China and after Spain announced a 2013 austerity budget. The Dow Jones Industrial Average advan..
Australian shares ended a three-day of losses and closed higher after a post-lunch turnaround, prompted by the announcement of an economic stimulus program by the Chinese central bank. At the close..
Population growth is picking up, increasing the likelihood that official figures are understating employment growth. The divergence between actual population growth and the assumed rate of populati..
Grocery wholesaler Metcash expects to name a new chief executive in February after current boss Andrew Reitzer confirmed he will resign at the end of the financial year. Mr Reitzer announced in Feb..
Echo Entertainment has denied it is in turmoil after chief executive Larry Mullin joined a management exodus and quit amid concerns about the casino operator's balance sheet. The latest departure w..
Toy distributor Funtastic's return to profitability was helped by fluffy toys that doubled as pillows, and this year it hopes that female superhero dolls will prove just as popular. Funtastic on Th..
Dick Smith Electronics' new private equity owners plan to open new stores and boost the retailer's online presence after buying the business from Woolworths for $20 million. Woolworths on Thursday ..
Stocks to watch on the Australian stock exchange on Thursday, Sept 27: ALS - ALESCO CORPORATION LTD - in trading halt, last traded at $2.00 DLX - DULUXGROUP LTD - down four cents, or 1.2 per cen..
