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The Australian market looks set to open lower after a global sell-off over concern about a possible end to US stimulus measures and as data showed slumping business activity across the eurozone. At..
US stocks closed lower Thursday, hit by weak data on US manufacturing and a glum turn downward in the much-watched Markit purchasing managers index that suggested more recession in the eurozone.The Do..
The Australian share market has closed sharply lower after its biggest one-day percentage loss for the past nine months. At the close on Thursday, the benchmark S&P/ASX200 index was 118.6 point..
Better weather and record attendances at three of the Gold Coast's major theme parks has helped Village Roadshow book an 18 per cent jump in half year profit. The company made a net profit of $33.4..
The Australian market is weaker as falling commodity prices hit key resources stocks and the US Federal Reserve hints at a possible policy change. At 1022 AEDT on Thursday, the benchmark S&P/AS..
Share market operator ASX looks set for an improving second half of the 2012/13 financial year as investor confidence returns.Activity in the company's largest businesses has boomed since the beginnin..
The week has gone from bad to worse for APN News and Media as the trans-Tasman publisher reported a massive full year loss amid further writedowns on its newspaper assets.Having already lost a chief e..
Qantas' key domestic operations have suffered a steep drop in first half earnings as the battle for market share forces down airfares.However, an improved performance from Qantas international, and gr..
Alumina says it needs to drive through change in its pricing structure after its full year net loss blew out.The group's net loss for the 12 months to December 31 tripled to $US152.9 million ($A149.96..
Insurance Australia Group (IAG) has raised its performance targets for the full year after fewer natural disasters contributed to a sharp rise in its first half profit. However the owner of NRMA In..
US stocks have piled up losses after Federal Reserve minutes showed divisions over asset purchases, with some officials suggesting to wind them down before the jobs market picks up.The Dow Jones Indus..
The Australian market has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close on Wednesday, the benchmark S&P/ASX200 index had lifted 16.8 poi..
Suncorp's improving insurance business has driven a 48 per cent rise in first half profit, but analysts question whether higher premiums could eventually hurt the company. Another period of benign ..
Iron ore miner Fortescue Metals has rejected suggestions that it is vulnerable because Chinese steel use is waning, saying that country's urbanisation had more than another 20 years to run.Fortescue's..
The Australian market has opened firmer as Wall Street rallied to fresh five-year highs. At 1027 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.7 points, or 0.23 per cent, at 5,093..
Australian economic growth should maintain its momentum in the first half of 2013, a private survey shows. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic..
US stocks pushed higher on Tuesday, sending the Dow Jones Industrial Average and the S&P 500 to their best levels in more than five years. US markets kept alive a rally in Europe, where shares ..
Woodside Petroleum has slated more than $2.5 billion for projects in Israel and Myanmar (Burma) as chief executive Peter Coleman continues to lead a diversification push.However, analysts have questio..
Seven West Media's newspaper and magazine businesses look set to endure more tough times, with few signs of any improvement in advertising markets.The Kerry Stokes-chaired Seven posted a net loss of $..
BHP Billiton has appointed a new chief executive to chart a course beyond the iron ore boom and in search of new sources of profit growth.New boss, 56-year-old Scotsman Andrew Mackenzie, insisted he w..
The Australian share market has closed at its highest level in more than four years, with reporting season delivering mostly positive results. At the close on Tuesday, the benchmark S&P/ASX200 ..
Facebook for the dearly departed? Funeral provider InvoCare is planning to digitally expand its business to the afterlife after announcing a full year profit rise of 65 per cent.The largest private fu..
The minutes of the central bank's February board meeting struck a positive tone about the local economy. The Reserve Bank of Australia (RBA) kept the cash rate at three per cent at its first meetin..
Steel and mining group Arrium has warned it will cut more jobs from its Australian steel division, after it pushed further into the red.Arrium on Tuesday posted a $447.2 million net loss in the six mo..
The Australian market has opened lower as investors remain cautious ahead of Italy's general election. At 1023 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 7.3 points, or 0.14 per c..
