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Aquila Resources has sold its main coal asset to fund a new iron ore project in Western Australia. Aquila sold its 50 per cent stake in the Isaac Plains coal mine in Queensland's Bowen Basin to Jap..
US stocks have started the second quarter on a high note after US manufacturing data picked up more than expected, a sign of stronger growth in the feeble recovery. The Dow Jones Industrial Average..
The Australian share market could not hold onto early gains as disappointing local economic data overshadowed better-than-expected manufacturing figures from China. The benchmark S&P/ASX200 ind..
Gold producer PanAust Ltd has begun processing ore at its newest mine ahead of first production in the coming fortnight. Shares in the company were up 14 cents, or 4.61 per cent, at $3.18 at 1217 A..
Shares in Gunns remain suspended from trading on the Australian Securities Exchange (ASX) while the woodchipper continues its plans to raise money. Shares in Gunns have not traded since March 9 whe..
Consumer prices rose in March on the back of holiday expenses, alcohol and fuel - and despite falls in meats, housing and clothes. The TD Securities-Melbourne Institute inflation gauge rose 0.5 per..
Gambling firm Tatts Group has begun looking for a replacement for outgoing chief executive Dick McIlwain. The company wants to find a replacement before Mr McIlwain leaves, at the end of 2012, to e..
Rail operator QR National has increased its ownership stake in a Sydney site where a large freight centre is set to be built. QR National had spent $41 million to increase its stake in the Mooreban..
Further interest rate cuts may be needed to revive the building sector after official data showed a slump in the approval of new homes and units, economists say. Residential building approvals drop..
Stocks to watch on the Australian stock exchange Monday, April 2 AUN - AUSTAR UNITED COMMUNICATIONS LTD - up three cents at $1.45 Austar shareholders have said yes to a proposed $2 billion takeo..
Australia's third biggest credit union has transformed into the nation's sixth mutual bank two months after borrowers began stampeding to its doors for better mortgage deals. Teachers Credit Union ..
US stocks closed out their best quarter in years on Friday, with record point-gains in the period for the S&P 500 and the Dow blue-chips. After another positive week confirming the first quarte..
Austar shareholders have said yes to a proposed $2 billion takeover by pay TV rival Foxtel despite the competition watchdog having yet to give its approval. Votes cast at an Austar shareholders' me..
The Australian share market finished the first quarter of 2012 around seven per cent higher, with the broad All Ordinaries index closing a few points off its eight-month high. The local bourse gain..
Investors in property manager Goodman Group have voted overwhelmingly in favour of reducing the number of the group's securities. Securityholders also gave the nod on Friday to plans to add a new H..
Overseas holidays and business trips are about to get more expensive after Qantas Airways raised ticket prices and increased fuel surcharges for the second time in eight weeks. Qantas on Friday sai..
Gaming machine supplier Aristocrat Leisure says it faces economic uncertainty and fluctuating currency exchange rates but still expects business to get better. Aristocrat in 2012 expected continued..
Bunnings will spend $1.5 billion on opening new stores and creating thousands of jobs as it faces increased competition from new rival Masters. The Wesfarmers-owned hardware chain plans to build up..
BHP Billiton's head of iron ore Ian Ashby will stand down in July after 25 years with the resources giant. Mr Ashby will be replaced as iron ore president by BHP's energy coal president Jimmy Wilso..
Franklins supermarket owner Metcash is set to announce impairment charges that will impact on its net profit. The grocery wholesaler's shares entered a trading halt on Friday ahead of finalisation ..
Gambling firm Tabcorp says a legal victory by NSW authorities over Betfair and Sportsbet will ensure the viability of Australia's racing industry. The High Court on Friday ruled in favour of Racing..
US stocks have closed mixed on listless trade amid lacklustre new economic data a day ahead of the quarter's end. The Dow Jones Industrial Average closed up 19.61 points (0.15 per cent) at 13,145.8..
The Australian share market has closed slightly down following weak leads from the United States. The local market outperformed its regional counterparts, with strong performances from defensive st..
The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs. "There is a case for a cut this time around, if anything," T..
Leighton Holdings' shares were pummelled on Thursday after the company highlighted more problems with its Brisbane Airport Link and Victorian water plant projects. The construction giant on Thursda..
