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A roundup of trading on major world markets: NEW YORK - US stocks continued to power to new peaks with the S&P 500 closing above 1,800 for the first time and the Dow recording a fresh record. ..
US stocks have opened mixed following the prior day's surge, after a report showed that business confidence in Germany, Europe's largest economy, rose to an 18-month high. Five minutes into trade, ..
Australian shares have finished higher, bringing a four-day losing streak to an end due to good employment news from the United States. IG market analyst Stan Shamu said gains among the big miners ..
BHP Billiton boss Andrew Mackenzie believes gas will one day overtake iron ore as the mining giant's biggest earner. But for now the world's biggest mining company is concentrating on expanding its..
Retailer David Jones has borne the anger of shareholders, incurring a first "strike" at its annual general meeting and setting up a potential board spill. The heavy vote of nearly 40 per cent again..
The euro has gained against the US dollar after European Central Bank chief Mario Draghi quelled talk of another interest rate cut for the eurozone. Meanwhile the yen fell as the Bank of Japan held..
Home builder AV Jennings believes Australia's housing market is improving as consumer confidence belatedly recovers. But the house and land packages group, which has made a loss for two years runni..
Jetstet Travelworld is changing its name to Helloworld after simplifying its network of travel agents. Shareholders approved the change at the company's annual general meeting on Friday, and it wil..
Surprisingly good data on US employment has snapped a four day losing streak on the local share market. A 21,000 drop in American jobless claims for November buoyed Wall Street, sending the Dow Jon..
Britain-based brewer SABMiller has posted rising first-half net profits, boosted once again by strong growth in emerging markets. Earnings after taxation rose by almost nine per cent to $US1.714 bi..
The Dow Jones Industrial Average has closed above the key threshold of 16,000 for the first time, extending a rally that has seen the gauge add over 22 per cent this year. The Dow on Thursday rose ..
US stocks have fallen after minutes from the last Federal Reserve policy meeting said the central bank could scale back its stimulus program "in coming months".The Dow Jones Industrial Average lost 66..
The Australian share market has closed lower for the third straight day as investors continued profit taking. Bell Direct equities analyst Julia Lee said losses had accelerated over the day as inve..
Healthcare for pets is a hot market, with several industry players making million dollar moves to capitalise on the world's growing number of pet owners. Australia's Nexvet, a developer of therapeu..
The sooner the US begins tapering its economic stimulus program the better, particularly for the high Australian dollar, a Reserve Bank of Australia assistant governor says. The US Federal Reserve ..
Australia's economic growth is expected to rise in the coming months as increased activity in the other parts of the economy make up for the downturn in mining investment. The Westpac/Melbourne Ins..
Department store chain Myer is gearing up for a busy festive season as it invests up to $50 million in its online store. The retailer is also spending up big on store refurbishments and new stores ..
JPMorgan Chase has agreed to a record $US13 billion ($A13.91 billion) settlement over mis labelled mortgage securities that federal and state authorities said stoked the financial crisis. The US De..
Federal Reserve Chairman Ben Bernanke says the US economy remains far from where the Fed wants to see it and that the US central bank is still committed to its stimulus policies. Bernanke gave no h..
A downgraded profit forecast from mining services firm WorleyParsons has wiped more than $1 billion from the company's market value. WorleyParsons on Wednesday said it expected underlying net profi..
US stocks have fallen modestly, ending the Dow's four-day streak of fresh records, as the Justice Department announced a record $US13 billion ($A13.91 billion) settlement over mortgage securities with..
Australian shares have closed lower for a second straight day as investors sold banking stocks due to worries about US stocks being overpriced. "There seems to be profit taking of banks and defensi..
Mining executive-turned board nominee Ian Dunlop will tell BHP Billiton's shareholders this week that the company is headed for oblivion unless it acts on climate change. Mr Dunlop faces an uphill ..
Qantas has asked its 30,000 staff and their families and friends to support its campaign against the foreign ownership of rival Virgin Australia. The airline has set up an online petition against t..
The founder of internet service provider iiNet is stepping down as managing director to take a break. Michael Malone, who co-founded the company in a garage in Perth in 1993, will step down for bet..
