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Property developer Stockland will cut executive bonuses after a review of its remuneration policies. The move comes amid renewed scrutiny over short- and long-term incentive packages offered to exe..
Woodside Petroleum has maintained its full year production target and increased its first quarter revenue despite a production dip due to the impact of cyclones. The company on Thursday booked reve..
The Australian share market closed higher in response to positive production numbers from BHP Billiton and after global markets rallied in response to a successful Spanish bond auction. The benchma..
The Australian dollar is around three quarters of a US cent higher after a successful bond auction eased fears about the rising cost of debt for the Spanish government. At 1700 AEST on Wednesday, t..
The Australian economy continues to perform weakly, an industry study has found. The Westpac-Melbourne Institute leading index of economic activity, which indicates the likely pace of activity thre..
Westfield Group will sell eight shopping centres in the United States for $US1.15 billion ($A1.11 billion) so it can pay down debt and invest in developments such as the new World Trade Centre in New ..
Petsec Energy has booked a plunge in first quarter revenue after US production and gas prices fell. The company on Wednesday reported net revenue for the three months to March 31 of $US1.8 million ..
BHP Billiton's latest production figures have met expectations but the miner warns that the effect of strikes at its Queensland coal mines may be substantial. The world's biggest miner on Wednesday..
The Bank of Queensland (BOQ) has outlined it much-anticipated turnaround plan after posting a $90.6 million first half loss. BOQ became the first Australian bank to plunge into the red in nearly tw..
Shares in Grange Resources rose after the iron ore pellet producer reported an improvement in first quarter production from its Savage River mine in Tasmania. Grange shares were up 3.5 cents, or 6...
Tesco, Britain's largest supermarket operator, has reported a 5.4 per cent increase in full year net profit, despite a disappointing performance in its home market. Tesco is embarking on a STG1 bil..
Stocks to watch on the Australian stock exchange on Wednesday April 18 BBG - BILLABONG INTERNATIONAL LTD - down one cent at $2.88 Surfwear retailer Billabong has completed a $276 million sale of..
The Reserve Bank of Australia's (RBA) board in April thought it wiser to wait to see fresh inflation data before cutting the cash rate. The RBA's decision to sit on the sidelines and leave the cash..
The Australian share market has closed slightly lower, following falls in resource stocks. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index was down 13.7 points, or 0.32 per cent, at 4,2..
Fortescue Metals Group founder Andrew Forrest says the government needs to build a deeper relationship with China otherwise Australia risks losing opportunities with the Asian superpower. Mr Forres..
Mining giant Rio Tinto increased production of key commodities including iron ore and coal in the March quarter but copper output fell by 18 per cent due to lower grades at its US operations. Chief..
Surfwear retailer Billabong has completed a $276 million sale of almost half of its Nixon accessories brand. As part of the transaction, announced in February, Billabong and Trilantic Capital Partn..
Medical device developer Osprey Medical has successfully raised $20 million from an initial public offer (IPO) and is preparing to list on the Australian share market. The US-based company's main p..
Singapore's LionGold Corp is prowling for more acquisitions in the gold sector after its friendly takeover offer for Castlemaine Goldfields. Castlemaine Goldfields on Monday recommended to its shar..
Demand for residential property in Sydney, Melbourne and Brisbane is expected to pick up slowly next year while retail property languishes at the bottom of the cycle, a survey shows. An Australian ..
Oil was slightly lower Monday as tensions eased over Iran's nuclear program. Benchmark US crude fell four cents to $US102.79 per barrel in New York. But Brent crude, which is used to benchmark the ..
US stocks have traded mixed as investors weighed better-than-expected March retail sales numbers, a sharp slowdown in New York manufacturing and renewed eurozone debt tensions. The three main index..
Australia's youngest billionaire, Nathan Tinkler, became substantially richer after shareholders approved a friendly takeover of his Aston Resources by Whitehaven Coal in a two-part deal to create a $..
The Australian share market has closed lower as investors fear that Spain may follow debt-laden Greece down the slippery slope. Markets around the world have been falling on the back of fears that ..
Linc Energy is pushing into China to capitalise on the Asian superpower's insatiable appetite for liquid fuels and gas. Linc shares rose by more than 30 per cent after the Brisbane-based company an..
