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It is looking like a good year for Australian beef production and exports despite Indonesia's dwindling interest in our live animals, because other markets will pick up the slack. Industry body Mea..
Record production in the December quarter has helped Mirabela Nickel meet its 2011 targets, and the company expects higher production in 2012. The operator of the Santa Rita project in Brazil produ..
Treasurer Wayne Swan would welcome new foreign lenders to the Australian loans market, saying more competition would mean better deals for borrowers. Responding to reports Japanese banks are consid..
A smaller than expected rise in producer prices is expected to set the tone for the release of a benign set of inflation data later this week. The producer price index (PPI) at the final stage of p..
A Chinese nuclear company has moved a step closer to bidding for Australian uranium explorer Extract Resources but the target says it is still seeking alternative suitors. State-owned China Guangdo..
Australian bond future prices have fallen to a six-week low following on from a strong week on equity markets. JP Morgan interest rate strategist Sally Auld said bond future prices opened lower fol..
A roundup of trading on major world markets: NEW YORK - Microsoft and IBM drove US stocks up on Friday after the tech giants reported stronger earnings than analysts had expected. The Dow Jones ..
Stocks to watch on the Australian stock exchange early on Monday: AKI - AFRICAN IRON LTD - steady at 56 cents African Iron's board recommends its shareholders accept Exxaro's takeover offer. ..
Junior iron ore producer BC Iron is hunting for acquisitions and has achieved positive quarterly cashflow for the first time after beating its production guidance. Shares in BC Iron finished up two..
Economists believe the rate of inflation in Australia is continuing to slow although it maybe the cooling world economy that will play a greater role in cutting interest rates. The falling inflatio..
The head of Wesfarmers' insurance arm has defended the local industry in the face of premium rises of as much as 15 per cent for home insurance. Wesfarmers Insurance managing director Robert Scott ..
Fashionistas are saving Australia's economy. A flurry of spending in clothing stores in December 2011 was, in part, responsible for the modest recovery in spending for the month, according to the C..
First-home buyers in NSW rushing to beat changes to the stamp duty concession have sent national borrowing activity soaring to record levels, analysts say. The number of first-home buyers entering ..
Rental vacancies in Sydney have increased for the first time in three months but tenants in Newcastle haven't been so lucky. Vacancies for the Sydney metropolitan area jumped by 0.2 percentage poin..
The US economy is off to a fast start in 2012. The outlook for hiring is improving now that unemployment benefit applications are near a four-year low. Inflation is tame, business travel is rising ..
A roundup of trading on major world markets: NEW YORK - US stocks closed higher overnight following strong bank earnings and a decline in applications for unemployment benefits. The Dow Jones in..
Gas pipeline owner Hastings Diversified Utilities Fund (HDF) says it is already a profitable company that does not need rival APA Group and has rejected what it calls an opportunistic bid. APA Grou..
Australian shares have trimmed early gains to close flat after disappointing jobs data weighed on optimism driven by strong energy results. At the close on Thursday, Australia's benchmark S&P/A..
Woodside Petroleum has beaten its full year production forecast after oil assets performed strongly, while high prices boosted revenue by 15 per cent. Shares in the company were sold down, however,..
Australia's third largest oil and gas producer Santos is confident of an increase in production this year after it fell in 2011. It blamed heavy flooding in South Australia's Cooper Basin during th..
Beach Energy has renegotiated a royalty agreement with Exxon Mobil subsidiary Esso Australia and resolved a related claim that Beach described as a win-win result. The royalty agreement relates to ..
Australia's jobs market is still weakening, official figures show, adding to the case for an interest rate cut next month, economists say. Data from the Australian Bureau of Statistics (ABS) on Thu..
Shares in Lynas Corporation have surged 3.8 per cent as investors speculated that the rare earths miner will be granted the go-ahead on its lucrative Malaysian facility. Lynas wowed the market this..
EBay says its net income grew sharply in the fourth quarter, helped by a gain from the sale of its remaining investment in Skype. Its results, released on Wednesday, beat Wall Street's expectations..
Stocks to watch on the Australian stock exchange early on Thursday: BHP - BHP BILLITON LTD - up 30 cents at $37.00 BHP Billiton expects to beat its full-year iron ore targets after first-half pr..
