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US stocks have fallen, with uninspired trade putting a halt to the S&P 500's streak of seven straight gains. At the close on Thursday, the Dow Jones Industrial Average was down 25.96 points (0...
The Australian share market has continued its climb to new five-year highs despite disappointing jobs data. OptionsXpress market analyst Ben Le Brun said the local market had made tentative gains o..
Engineeering and construction group Forge Group has been awarded a $100 million contract to expand a West Australian iron ore mine owned by mining giant Rio Tinto. Construction at the Yandi mine, i..
Myer insists it won't be beaten by the internet retail phenomenon and that its online business will turn a maiden profit this year as it revealed annual net profit fell nine per cent. The growing s..
Singapore Telecommunications (SingTel) subsidiary Optus has secured a $530 million contract to run ANZ's telecommunications services for another five years.The deal with Optus Business includes ANZ's ..
Electricity and gas distributor SP Ausnet has lost a court appeal against amended tax rulings worth millions of dollars.The company had disputed amended tax assessments relating to deductions it claim..
Unemployment has hit a four year high and could get up to six per cent as the mining investment boom plateaus.The unemployment rate hit 5.8 per cent in August, in line with economists' forecasts - up ..
Bega Cheese has made a $319 million play for fellow dairy producer Warrnambool Cheese and Butter that could create one of Australia's largest listed food companies.But the 125-year-old Victorian diary..
Myer chief executive Bernie Brookes has criticised high wages costs and the GST as the department store's full year profit fell by 8.7 per cent to $127.2 million.Profit shrunk despite growth in sales ..
Apple shares have fallen hard after the US tech giant's unveiling of two new iPhones failed to allay concerns over a loss of momentum in the smartphone market.Shares slid 5.5 per cent to $US467.25 in ..
US stocks have closed mixed, with the Dow surging sharply higher and Apple dragging down the Nasdaq after its iPhone launch missed expectations.The Dow Jones Industrial Average surged 135.54 points (0..
The Australian share market has hit a five year high, with investors inspired by China's economic growth.Positive economic data out of China, strong Australian consumer sentiment and the likelihood of..
The managing director of the company that makes Four'n'Twenty pies has resigned.Greg Bourke ended five years as managing director of Patties Foods on Wednesday, but no reason was given for his resigna..
Oil and gas producer Oil Search plans to deliver first sales of gas from its liquefied natural gas (LNG) project in Papua New Guinea in the second half of 2014. The commissioning phase of the proje..
Personal finance loans were up seven per cent in July, official figures show. The Australian Bureau of Statistics (ABS) on Wednesday said personal finance commitments, seasonally-adjusted, rose to ..
Biotech Starpharma Holdings says it has improved a blockbuster drug that is mainly used to treat colon and colorectal cancer.Starpharma has conducted a pre-clinical study of the effects of a dendrimer..
Australian stocks are continuing to rise as the Obama administration looks to pursue a diplomatic solution to the Syrian conflict. The local market strengthened in morning trade after an overnight ..
Consumer confidence has soared to an almost three-year high, propelled by record low interest rates and the election of a coalition government.The Westpac Melbourne Institute Index of Consumer Sentime..
US stocks rose on better Chinese economic data and easing concerns about Syria, despite a fall in Apple shares following the launch of two new iPhones.The Dow Jones Industrial Average jumped 127.94 (0..
Australian shares are close to their highest point for the year as investor confidence is boosted by a decisive federal election result and encouraging Chinese economic data.Stocks are also being boos..
Drillsearch has signed a $120 million joint venture deal giving Santos a 60 per cent stake in the Western Cooper Wet Gas project.Drillsearch said the set of agreements aimed to accelerate Western Coop..
China's industrial production rose 10.4 per cent in August year-on-year, the government says, its fastest increase for more than a year in another positive sign for the world's second-largest economy...
Shares in Australia's Arafura Resources shot up more than 30 per cent after it struck a deal with China's Shenghe Resources to consider developing its Northern Territory rare earths mine.Shenghe, a ra..
The unemployment rate is expected to have hit a four year high in August as businesses held off on hiring until after the federal election. Official labour force figures will be released on Thursda..
Credit Union Australia (CUA) has achieved a record annual profit but warns the year ahead will be challenging due to fierce competition sparked by low interest rates. CUA, Australia's largest custo..
