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Gold producer Silver Lake Resources has backed out of a deal to acquire gold and copper explorer Phillips River Mining. However, it has agreed to buy one of Phillips River's projects. Phillips R..
A surge in imports in February has left China with a trade deficit of $US31.5 billion ($A29.71 billion), its largest in a decade, the Xinhua news agency reports. Despite an 18.4 per cent increase i..
Stocks to watch on the Australian stock exchange early on Monday: AIO - ASCIANO LTD - up one cent at $4.79 Asciano's Patrick ports business has applied to Fair Work Australia to commence concili..
US stocks took a roller-coaster ride in the week to Friday as Wall Street marked three years since hitting bottom in the middle of the Great Recession. The week, a bumpy one due to worries about th..
The Australian share market finished almost one per cent stronger after a sharp slowing in China's inflation rate boosted resources stocks. The benchmark S&P/ASX200 index was up 41 points, or 0..
The first trade deficit in almost a year could weaken economic growth, economists say. The balance of goods and services showed a deficit of $673 million in January, seasonally adjusted, compared w..
ANZ Banking Group has left its variable interest rates unchanged but has raised a raft of fixed-interest mortgage products, as it indicates funding pressures will continue to rise. After its monthl..
Insurer IAG will cut 600 jobs across Australia and close some offices as part of a restructure of its CGU business. A day after the insurance industry's peak body declared NSW and Victoria's big we..
Qantas has suffered a major setback as plans for its premium airline in Kuala Lumpur hit the skids following a breakdown in talks with Malaysian Airlines.The failure to strike a deal with Malaysian ha..
The head of Westpac's New Zealand business has been appointed chief executive of St George bank. George Frazis will replace Rob Chapman who leaves the bank after more than 10 years to return to Ade..
The European Central Bank has left its key interest rate unchanged at a record low of one per cent, holding off on further measures to boost the shaky economy in the 17 countries that use the euro. ..
Base metals have closed mostly higher on the London Metal Exchange as hopes for a successful Greek debt-swap deal continues to support prices, although initial gains were pared somewhat following caut..
The US stock market has posted substantial gains as Greece closes in on a deal to restructure its debt and avoid a default. This has overshadowed a small increase in unemployment claims last week. ..
Stocks to watch on the Australian stock exchange early on Friday: JHX - JAMES HARDIE INDUSTRIES SE - up 16 cents at $7.31 James Hardie says it has received an Australian Taxation Office (ATO) re..
Etihad Airways chief executive James Hogan says he is yet to start any discussions with alliance partner Virgin Australia about buying an equity stake in the airline. Expectations Etihad would buy ..
The full bench of the Federal Court has upheld an earlier ruling that found some of Optus's advertisements on internet broadband packages misleading but reduced the fine the telco must pay. The fin..
The Australian share market closed stronger after three consecutive days of losses on views that there is a reduced likelihood of a Greek debt default and solid US private sector job numbers. Inves..
The world's biggest non-government coalminer Peabody Energy has announced a major restructure, including appointing a new head of its Australian operations. The US-based company announced that its ..
A rise in Australia's unemployment rate proves the country's jobs market remains weak and adds to the case for further interest rate cuts this year, economists say. Data released by the Australian ..
The prospect of interest rate rises and economic uncertainty is scaring potential home buyers away from the housing market. Industry-owned real estate portal realestateVIEW.com.au surveyed 1,475 co..
Copper miner Sandfire Resources says it is on track to commence exports from its DeGrussa project in Western Australia next quarter. The company last month began mining its open pit for direct ship..
US-based medical device developer Osprey Medical Inc. is seeking to raise $20 million through an initial public offer (IPO) of securities and list on the Australian Securities Exchange. Osprey has ..
US stocks rebounded on Wednesday after Tuesday's rout, with investors encouraged by US jobs data and signs that Greece was likely to make Thursday's deadline to seal a crucial debt write-off deal. ..
Stocks to watch on the Australian stock exchange early on Thursday: AMC - AMCOR LTD - up 10 cents at $6.90 Packaging maker Amcor will expand its flexible packaging business with the $238 million..
A significant shareholder in mining giants BHP Billiton and Rio Tinto has backed the federal government's stand on the minerals resources rent tax for its potential benefit to the wider economy. Fi..
