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The share market has fallen as disappointing Chinese economic data and weak leads from overseas markets prompted investors to sell. A preliminary HSBC purchasing managers' index suggested Chinese m..
Chinese manufacturing contracted for the first time in six months in January, casting a pall over growth prospects for the world's second-largest economy this year. British banking giant HSBC's pre..
The interest rate tide has turned, and homeowners are being told to prepare for possible rate hikes by year-end. Australia's cash rate currently sits at a record low of 2.5 per cent. Some econom..
The share market is slightly lower due partly to a mixed lead from overseas markets and low trading volumes. CMC Markets chief market strategist Michael McCarthy said there was little to drive acti..
Australian shares are weaker with most of the big banks following a lacklustre lead from Wall Street. A quarter of a per cent drop on the Dow Jones Industrial Average has been the main drag on the ..
Dairy co-operative Murray Goulburn has taken a swipe at Australia's regulatory process as it conceded defeat in the battle for Warrnambool Cheese and Butter Factory (WCB) to Canadian dairy giant Saput..
Insurance Australia Group has lifted its guidance on insurance profits for the 2013/14 financial year, but cut its forecast for growth in premiums. The company behind NRMA Insurance and CGU updated..
Energy giant Santos says growth in full year production is going to plan, as rising prices help to deliver record sales revenue. Revenue rose by 21 per cent in the three months to December 31, comp..
Gold miner Newcrest is poised for deeper cost cutting after slicing quarterly production costs by 16 per cent. In addition to the cuts, Australia's largest gold miner lifted production six per cent..
US stocks have finished mixed as investors continue to react cautiously to a series of uneven earnings reports. The Dow Jones Industrial Average fell 41.10 points (0.25 per cent) to 16,373.34. T..
Australian shares have closed lower after the release of higher than expected inflation figures. Consumer price index (CPI) growth of 0.8 per cent for the December quarter was above the 0.5 per cen..
Shares in Aurora Oil and Gas have fallen despite the company boosting its quarterly production and revenue. The shale oil and gas developer produced 2.27 million barrels of oil or equivalent (mmboe..
The Australian dollar rose almost two thirds of a US cent following stronger than expected inflation figures. At 1130 AEDT, the Australian Bureau of Statistics announced that Australia's headline c..
Surprisingly high inflation means another cash rate cut is highly unlikely. The consumer price index rose 0.8 per cent in the December quarter, for an annual rate of 2.7 per cent. Economists had..
Australian shares are weaker as lower-than-expected production volumes from global mining giant BHP Billiton weigh down the overall market. BHP, the second largest company on the Australian share m..
Australia's rising jobless rate is chipping away at consumer confidence. Confidence fell by 1.7 per cent from 105.0 points in December to 103.3 in January, according to the Westpac Melbourne Instit..
Canadian dairy giant Saputo has won control of takeover target Warrnambool Cheese and Butter Factory (WCB), leaving rival suitor Murray Goulburn to consider its options. Saputo on Wednesday said it n..
BHP Billiton head Andrew Mackenzie has flagged higher dividends and a sharp boost to production despite falls in the company's key iron ore and petroleum divisions in the last quarter. Shares in th..
The Australian market looks set to open flat following a mixed lead from Wall Street. At 0645 AEDT on Wednesday, the March share price index futures contract was down five points at 5,283. The D..
US stocks ended Tuesday in mixed fashion after a stream of generally lacklustre earnings reports and a modest upgrade to the International Monetary Fund's economic forecast. The Dow Jones Industria..
The Australian share market shook off a negative start to finish higher on Tuesday as strength among the major banks outweighed weakness in the resources sector. Options Express market analyst Ben ..
Resources giant BHP Billiton has signed a final agreement to pay $US3 million ($A3.42 million) to Otto Energy to withdraw from an exploration joint venture in the Philippines. Otto has submitted a ..
Australia's major iron ore players are under pressure as the price of the steel-making ingredient continues to slide. While investors expect strong first half earnings results from the likes of Rio..
The Australian dollar continues to climb on the back of stronger-than-expected Chinese gross domestic product figures and New Zealand inflation data. At 1200 AEDT on Tuesday, the Australian dollar ..
Australian shares are flat as a lower iron ore price and Chinese growth figures keep a lid on market gains. Investors have taken their cues from Chinese gross domestic product (GDP) data and ore pr..
