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The Australian share market finished stronger, boosted by the resources sector with iron ore players Fortescue Metals Group and Atlas Iron the standouts. At the close on Monday, the benchmark S&..
David Jones shares have been placed in a trading halt as the department store chain exercises caution about corporate disclosure rules before releasing its first half results. Market watchers expec..
Ten Network Holdings shares have closed at a near one-month high after the company said it was mulling over the sale of its outdoor advertising business. The broadcaster said in a statement on Mond..
Shareholders will be hit with double taxation on dividends from miners if the federal government's mining tax legislation is passed, Australia's biggest and oldest listed investment company says. T..
Boosting productivity growth is the only way for Australians to improve their living standards, the country's central bank chief says. Reserve Bank of Australia governor Glenn Stevens says Australi..
Embattled Tasmanian timber company Gunns has admitted it could have lost a major investor because of social concerns. The Richard Chandler Corporation pulled out of a $150 million investment in Gun..
Share market darling Campbell Brothers is expanding its food testing operations with a $39 million acquisition in the United Kingdom and Ireland. Campbell Brothers primarily provides laboratory ser..
Insurance Australia Group (IAG) will raise $350 million through the issue of new hybrid shares. The insurer on Monday said it would issue convertible preference shares, which will convert to ordina..
A clear improvement in the Federal Reserve's economic outlook, and a solid outcome of the Fed's stress tests for major banks, gave the markets another strong two per cent-plus boost this week. The ..
Stocks to watch on the Australian stock exchange early on Monday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - up one cent at $1.32 The chairman of the nation's largest cattle producer Australian..
The Maritime Union of Australia (MUA) says its strike affecting Asciano's Patrick stevedoring operations will end on Monday. However, the union pledged to undertake further industrial action if it ..
The Australian share market closed flat, having recouped losses earlier in the day. The benchmark S&P/ASX200 index on Friday was down 1.6 points, or 0.04 per cent, at 4,276.2 points, while the ..
Live betting on sports is here to stay and the federal government needs to do more to regulate it, says gambling firm Tabcorp. Tabcorp chief executive David Attenborough said on Friday that the fed..
Greece's economy is expected to exit recession only by 2014, the International Monetary Fund (IMF) says in announcing a new bailout loan for the heavily indebted country. The IMF projected the Gree..
Asciano says a long-running dispute across its Patrick stevedoring operations has so far cost it $15 million. The dispute is set to continue although the Maritime Union of Australia (MUA) has rejec..
Rio Tinto's salt operations at Port Hedland in Western Australian are being secured as Tropical Cyclone Lua comes closer to land. The cyclone was upgraded from a category 2 to a more powerful categ..
Allied Healthcare is selling new shares to to raise up to $6.36 million to further the work former Australian of the Year Professor Ian Frazer. The company will use the funds to accelerate developm..
Virgin Australia will go ahead with its ownership restructure after all conditions were met. In a bid to open up the share register to foreign investors, Virgin Australia in February proposed to sp..
Macqaurie Group has suffered its second credit rating downgrade in four days, with Moody's cutting its ratings by one notch. Moody's has downgraded the senior unsecured debt rating of Macquarie Gro..
US stocks have increased as investors digest a batch of economic data that suggests the recovery is picking up steam.At the closing bell on Thursday, the Dow Jones Industrial Average was up 58.66 poin..
Stocks to watch on the Australian stock exchange early on Friday: CQO - CHARTER HALL OFFICE REAL ESTATE INVESTMENT TRUST - down one cent at $3.07 Unitholders of an Australian office tower owner ..
Australia's love affair with overseas travel is harming big department stores. Myer chief executive Bernie Brookes fears the high Australian dollar is hitting his and other department stores as lar..
The Australian share market closed lower after weaker metals prices weighed on mining stocks along with concerns about China's demand for commodities. The benchmark S&P/ASX200 index was down 9...
Resources companies in Western Australia's north are bracing for Tropical Cyclone Lua, which is expected to intensify as it approaches the Pilbara coast. Forecasters believe Lua could cause floodin..
The heavy industry city of Wollongong in NSW continues to be hit with job losses as another steel plant is set to close. Loss-making steelmaker OneSteel, on Thursday announced its manufacturing pla..
