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Economists expect key inflation data on Tuesday to clear the path for an interest rate cut in May. The Australian Bureau of Statistics will publish the consumer price index (CPI) data for the March..
It's never been cheaper to fly, says Qantas boss Alan Joyce. Just one week's wage will get the average worker an airline ticket to London, the chief executive of the world's oldest continually oper..
The Australian share market closed slightly weaker as investors prepared for crucial inflation data that could pave the way for another interest rate cut. The benchmark S&P/ASX200 index closed ..
Australian bond future prices are higher after a fall in producer prices raised expectations of an interest rate cut in May. CMC Markets chief market strategist Michael McCarthy said bond prices ro..
Coles third quarter sales could fall short of arch rival Woolworths as shelf prices continue to fall, amid heavy discounting and food deflation, analysts say. Wesfarmers, the owner of Coles superma..
Gaming machine supplier Ainsworth Game Technology is seeking to raise about $44 million via the placement of 30 million new shares to institutional investors. The new shares have an offer price of ..
Flu drug developer Biota is moving to the United States, where it says investors will be more understanding of the biotech's value. Biota, which is probably best known as the developer of the flu d..
Industrial services company Spotless is still negotiating with its private equity suitor five months after a first bid was made, and there remains no guarantee a deal will be done. Pacific Equity P..
Struggling chemicals business Penrice Soda Holdings has forecast a full year loss amid weakening demand for the soda ash it produces. Penrice is coming off a $28 million first half net loss - $3.3 ..
A weak reading for inflation at the farm and factory gate has further heightened expectations that the central bank will cut interest rates in May. The producer price index (PPI) at the final stage..
A roundup of trading on major world markets: NEW YORK - Wall Street shares closed higher on Friday, buoyed by better than expected US earnings, solid German business confidence data and a $430 bill..
The Australian share market closed marginally higher despite earnings downgrades and a fall in some commodity prices. The benchmark S&P/ASX200 index was up 3.8 points, or 0.09 per cent, at 4,36..
Shares in building materials producer Boral lost almost three per cent after it made a surprise cut to its full year profit guidance because of eastern Australia's big wet. Heavy rain has continued..
A global effort has been required to return a Qantas Airways Airbus A380 to service after it suffered a mid-air engine explosion over Indonesia in late 2010. The super jumbo, named Nancy Bird-Walto..
Woolworths says higher third quarter sales volumes were offset by lower prices, leaving shoppers as the big winners as the supermarket seeks to woo more customers than arch rival Coles. Woolworth o..
Higher oil and gas production combined with stronger prices have boosted Santos Ltd's first quarter sales revenue by 50 per cent. Newly acquired assets helped push up the company's March quarter oi..
An appeal by the world's largest film and television companies against internet service provider iiNet in a copyright case has been dismissed by the High Court. A group of 34 international and Aust..
US stock markets were modestly lower on Thursday, with US unemployment data and a successful Spanish debt sale giving little direction to trade. The Dow Jones Industrial Average was down 68.65 poin..
Stocks to watch on the Australian stock exchange on Friday April 20 AIO - ASCIANO LTD - up four cents at $4.79 Shares in ports operator Asciano have been placed in a trading halt pending an anno..
The Australian share market has closed at a fresh eight-month high, buoyed by resource stocks and investors punting on China undertaking new moves to boost its economy. At 1615 AEST on Thursday, th..
Telstra has put on hold any decision to undertake a share buyback or lift dividends despite reaping billions of dollars from the national broadband network deal (NBN). Australia's largest telco sai..
Fortescue Metals Group has confirmed it will challenge the federal government's new mining tax in the High Court. The iron ore producer also on Thursday said it would lose up to $US150 million ($A1..
Commonwealth Bank boss Ian Narev has set out his vision for Australia's largest bank but refused to put performance targets on his key aims. Almost five months after taking over from Ralph Norris, ..
As gloom grips Australia's retail sector, business is improving for Australian Pharmaceutical Industries (API), with the health, beauty and pharmacy products retailer reporting solid profits and fores..
A roundup of trading on major world markets: NEW YORK - Investors unimpressed by a skein of positive earnings surprises have sold down US stocks, with some nervousness over the eurozone clouding se..
