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The Australian share market snapped its three-day losing streak to finish strongly on the back of resurgent mining stocks. Local mining stocks soared after commodities prices rose overnight on the ..
Westpac Banking Corporation is poised to axe more than 400 jobs and send up to 150 more offshore in the latest round of job cuts at the big banks. Australia's second biggest bank on Thursday briefe..
The Australian dollar has risen to a new three-month high after the release of very strong export data for December. At 1200 AEDT on Thursday, the local unit was trading at 107.48 US cents, up from..
Economists expect Australia's housing sector to remain soft for a while longer after new data showed building approvals continue to decline. Data released by the Australian Bureau of Statistics (AB..
Rare earths miner Lynas says it has a responsibility to the Malaysian community to operate a newly-approved plant in a safe manner. Malaysia's Atomic Energy Licensing Board has granted a temporary ..
US stocks have scored gains after manufacturing data showed growth and the market buzzed with speculation that Facebook would soon announce its market debut. The Dow Jones Industrial Average on Wed..
Greece and the IMF say negotiations for landmark debt deals will be concluded in a "matter of days", raising hopes that the country will dodge a disastrous default. Greece is in talks with private ..
Stocks to watch on the Australian stock exchange early on Thursday: BLD - BORAL LTD - down six cents at $3.99 Building materials maker Boral has sold its Indonesian business for $US135 million (..
Global mining giant BHP Billiton says it has agreed to sell its stake in South African mineral sands venture Richards Bay Minerals to partner Rio Tinto, signalling its exit from titanium. "BHP Bill..
Australian shares ended lower for the third straight day as brokers took profits ahead of the reporting season and after one of the best monthly starts to the calendar year in around 40 years. At t..
Shoppers are in the box seat as Coles vows to entrench itself in the supermarket price wars for the long-term. Despite a tough retail environment and widespread price falls, Coles outperformed riva..
The National Rugby League (NRL) and Australian Football League (AFL) will continue their fight to protect a multi-million-dollar TV rights deal, despite losing a court battle to prevent Optus broadcas..
Australian manufacturing activity expanded in January for a second consecutive month, a private survey shows. The largest gains were in the food and beverages sub-sector. The Australian Industry..
Successive interest rate cuts failed to halt a decline in new home sales in December, a survey shows. The Housing Industry Association (HIA) on Wednesday said new homes sales fell 4.9 per cent in D..
Building materials maker Boral has sold its Indonesian business for $US135 million ($A127.87 million) and confirmed its previous expectations for its half-year profit. Boral has been looking to off..
It's the best start for US stocks in 15 years. In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 per cent in January and the Standard & Poor's 500 gained 4.4..
Qantas says it is in a strong financial position despite having its credit rating downgraded by Moody's ratings agency. Moody's on Tuesday lowered its long-term senior unsecured rating on Qantas fr..
A roundup of trading on major world markets: NEW YORK - US stock markets closed slightly lower overnight after the country's manufacturing statistics and home price data came in worse than expected..
Stocks to watch on the Australian stock exchange early on Wednesday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - up 0.5 cents at $1.39 Beef producer Australian Agricultural Company Ltd (AACo) ha..
Greece has all but concluded a crucial deal to write-off half its privately held debt and is now working on new austerity measures needed to secure continued bailout loans, Finance Minister Evangelos ..
Australian shares gave up earlier gains to end lower as renewed investor concerns about the European debt crisis took the steam out of a retailer-driven rally. CMC Markets sales trader Ben Taylor s..
Heavy discounting and a cooler summer have taken its toll on supermarket giant Woolworths, with a big slowdown in sales growth from its key supermarket division. Sales growth for the division, afte..
A strong performance in North America has led kitchen appliance maker and distributor Breville Group to increase its earnings forecasts. Shares in Breville were boosted by the positive trading upda..
Education provider Navitas expects second-half earnings to be weaker amid uncertainty over student visa rules. Navitas on Tuesday reported a net profit of $35.4 million for the six months to Decemb..
Australia's largest cattle producer, Australian Agricultural Company Ltd (AACo), exported more live cattle during 2011 despite the Australian government's temporary ban on live exports to Indonesia. ..
