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Greece has vowed to stay in the eurozone "forever" and promised stronger budget action as the world waited for EU leaders to stop the debt crisis threatening global growth."Greece is and will for ever..
Australian shares fell more than one per cent ahead of scheduled talks between Greece, the IMF and EU, and a meeting of the US Federal Reserve.By the close, the benchmark S&P/ASX200 index declined 41...
Coal miner New Hope Corporation has unveiled plans to double output over the next five to seven years, as it successfully tackles rising production costs.The move came after record exports in its past..
The central bank seems content to keep rates on-hold for some time as it assesses global uncertainty and domestic inflationary pressures, economists say.The minutes of the Reserve Bank of Australia's ..
Leighton Holdings Ltd subsidiary Thiess has won a $100 million contract with Fortescue Metals Group Ltd for works on the Solomon Hub iron ore mine in Western Australia's Pilbara region. The 18-mont..
The tax office has appealed to the High Court after the Full Federal Court found in favour of James Hardie Industries SE over a $242 million disputed tax assessment. James Hardie, in a statement on..
Ratings agency Standard & Poor's has downgraded Italy's credit rating by one notch, saying it sees weakening economic growth prospects for the nation and higher-than-expected levels of government debt..
Stocks to watch on the Australian stock exchange on Tuesday, September 20)ALK - ALKANE RESOURCES LTD - down 13.5 cents at $1.67One of the world's largest undeveloped zirconium resources is a step clos..
US President Barack Obama and German Chancellor Angela Merkel spoke by phone on Monday to discuss the need for action on the eurozone crisis and the Middle East, the White House said. The leaders h..
US stocks slid Monday, snapping a five-session winning streak as traders worried about a possible Greek public debt default and eurozone inaction to confront the crisis. The Dow Jones Industrial Av..
TPG Telecom predicts it will continue to accumulate new subscribers in the face of economic uncertainty after the telecommunications provider's full year profit increased by 40 per cent.The group also..
The Australian share market ignored positive offshore leads to close sharply lower amid renewed concerns about the eurozone debt crisis.By the close on Monday, the benchmark S&P/ASX200 index was down ..
Premier Investments says trading conditions are getting even tougher for retailers but the fashion brands owner still expects to improve its performance. Premier, which owns Just Jeans, Portmans, a..
PEAMCoal has extended the acceptance date for its takeover offer for Macarthur Coal Ltd.In a statement on Monday, the PEAMCoal joint venture between global steel giant ArcelorMittal and US coal major ..
Timber company Gunns says it will look at selling more forestry assets as it focuses on building its controversial northern Tasmania pulp mill. Gunns emerged from a six-week trading halt on Monday ..
Stocks to watch on the Australian stock exchange early on Monday:BSL - BLUESCOPE STEEL LTD - up 3.5 cents, or 5.2 per cent, at 70.5 centsEmbattled Bluescope Steel has again hit back at criticism for p..
A roundup of trading on major world markets: NEW YORK - US stocks closed higher on Friday in their fifth straight day of gains, despite a meeting of euro zone finance ministers that scuttled hopes ..
Australia's iron ore industry is on an $85 billion expansion spree, which could lead to overcapacity in another five to six years.However, major miners like BHP Billiton and Rio Tinto will simply put ..
Virgin Australia has made the departure time of its daily flight to Los Angeles later to allow more passengers to connect without staying overnight in Sydney.The change is part of Virgin Australia's j..
Greece's finance minister has promised to stick with his plan for the country to post a primary surplus in 2012, hours before he was to hold an emergency teleconference with debt inspectors.Evangelos ..
Investors cashed in their Exchenge Traded Funds (ETFs) in August, bucking the solid growth trend that has been in place for the past three years, figures show. Australian investors redeemed about $..
The Australian share market gained almost two per cent as investors remained optimistic European leaders were approaching a resolution of the Eurozone debt crisis.The local bourse opened almost two pe..
Santos has entered into an asset swap deal with the US-based Magellan Petroleum for Northern Territory gas fields.Portland-based Magellan said in a statement it had entered into an agreement with Sant..
Platinum Australia shares fell after production was halted at the miner's flagship Smokey Hills operation in South Africa, amid community dissent. Shares in the Perth-based company were down 2.5 ce..
Rating firm Moody's says it is considering lowering the credit rating on Swiss banking giant UBS after a rogue trader wracked up $US2 billion ($A1.95 billion) in losses. Moody's said its review wil..
