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Copper rose on Thursday to hit a five-month high as the euro gained versus the dollar after Greece confirmed it had clinched a deal for emergency aid needed to ensure it avoids a disorderly default. ..
Rio Tinto is to continue to pour cash into its expansion and growth projects because of demand from emerging markets even though the mining giant is cautious about the near-term economic outlook. T..
The Australian share market closed slightly lower on Thursday as investors mulled over mixed earnings results, the ongoing Greek debt crisis and whether or not China would cut its interest rates. A..
Bank of Queensland (BOQ) says it will keep its standard variable home loan interest rates steady, in line with this week's decision by the Reserve Bank of Australia (RBA) . Interest rates will be k..
The great Australian dream just got smaller. Property group Stockland says unaffordable house prices have driven people into buying homes on lots that are less than a quarter of the size of the tra..
Telstra Corporation signed up more than a million new customers in the first half of its financial year, giving a hefty lift to its profit. The nation's largest telco added 958,000 mobile customers..
Scrap metal recycler Sims Metal Management expects a small improvement in first half underlying earnings despite difficult trading conditions that forced an asset write down. The company's share pr..
Rupert Murdoch's News Corporation has unveiled a leap in second quarter earnings despite having to pay out tens of millions of dollars related to the UK phone hacking scandal. The global media orga..
Pay TV operator Foxtel is betting on the nation's love of sport to help boost subscriber numbers and earnings this year. Foxtel on Thursday revealed that while it managed to lift subscriber numbers..
Wagering and gaming firm Tabcorp Holdings has lifted its first half underlying profit by 14.1 per cent and expects a similar performance for the remainder of the year. Tabcorp on Thursday reported ..
Stocks to watch on the Australian stock exchange early on Thursday: AAI - ALCOA INC - down 89 cents at $10.50 The future of 600 employees at an aluminium smelter in the Victorian city of Geelong..
The world's biggest miner BHP Billiton has reported its first profit fall in three years because of lower global prices for iron, copper and coal. However, the global miner remains confident about ..
The Australian share market has closed higher as a positive day for energy stocks offset weakness among Australia's retail banks and mining giant BHP Billiton. At 1615 AEDT, the benchmark S&P/A..
Property developer Australand believes it can improve earnings despite suffering a 15 per cent drop in annual profit. Australand on Wednesday said its net profit dropped to $140.6 million for the y..
A New Zealand billionaire has snared a 39 per cent stake in woodchipper Gunns as part of a $280 million capital raising. The move could help Gunns secure a partner for its controversial pulp mill p..
Suncorp Group is the latest financial services company to announce redundancies, by sending 65 accounting positions to India. Finance Sector Union (FSU) national secretary Leon Carter said two thir..
Online travel agent Webjet is claiming the position of market leader after reporting a double-digit lift in first half net profit. Webjet said net profit for the six months to December 31, 2011, ro..
Rio Tinto has again demonstrated its faith in Asia's growing demand for iron ore by committing $US3.4 billion ($A3.16 billion) to expand its operations in Western Australia's Pilbara region. The mi..
Stocks held steady in the green on Tuesday afternoon on growing confidence about the US job market and hope that Greece will reach a debt deal. The Dow Jones industrial average is on pace to close ..
Stocks to watch on the Australian stock exchange early on Wednesday: AKI - AFRICAN IRON LTD - up 0.5 cents at 56.5 cents CFE - CAPE LAMBERT RESOURCES LTD - down one cent at 57 cents South Afr..
Australia's largest antimony mine is to be revived under plans by Emu Nickel, which needs to raise $60 million to buy the asset and re-start production. The Perth-based minnow on Wednesday said it ..
Macquarie Group plans to cut 10 per cent of its investment banking jobs and fears its full year profit will plunge as difficult trading conditions take their toll. Australia's largest investment ba..
Australian shares closed weaker after the central bank unexpectedly kept interest rates on hold and the National Australia Bank and Macquarie Group posted results that disappointed the market. The ..
Cochlear has reported its first loss since listing in 1995 following the mass recall of one of its key bionic ear devices. The hearing implant maker on Tuesday reported a $20 million net loss for t..
The Reserve Bank of Australia (RBA) has keep its cash rate at 4.25 per cent following its February board meeting. The decision surprised the market, as 13 of the 14 economists surveyed by AAP had s..
