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China's Baosteel is in the box seat to secure a massive iron ore holding in Western Australia after Mineral Resources failed to take control of explorer Aquila Resources.Aquila on Wednesday said it ha..
Australian bond futures prices are lower after US inflation in May was higher than expected. The consumer price index rose 0.4 per cent in May for an annual rate of 2.1 per cent, the biggest 12-mon..
Retail billionaire Solomon Lew is playing a high stakes game of poker against David Jones' South African suitor, and his next move has everyone guessing.The veteran retailer has bolstered his stake in..
Wall Street stocks finished higher as investors weighed continued violence in Iraq with mixed US economic data and looked ahead to a Federal Reserve policy statement on Wednesday. The Dow Jones Ind..
Stocks to watch on the Australian stock exchange on Wednesday, June 18: BRU - BURU ENERGY - up 1.5 cents, or 1.3 per cent, at $1.155 The West Australian government has decided to allow Buru Ener..
Shares closed weaker as worries about Iraq and the sudden sale of nearly 10 per cent of Woodside shares weighed on the market. IG chief market strategist Chris Weston said Shell's liquidation of mu..
Stocks to watch on the Australian stock exchange at the close on Tuesday: BRU - BURU ENERGY - up 1.5 cents, or 1.3 per cent, at $1.155 The West Australian government has decided to allow Buru En..
Foreign direct investment (FDI) into China fell 6.7 per cent year-on-year to $US8.6 billion ($A9.30 billion) in May, the government says. For the first five months of the year FDI - which excludes ..
Shares in Osprey Medical have soared after a new version of its main product received regulatory approval for use in the United States. The US Food and Drug Administration has cleared the second ge..
The Reserve Bank appears more downbeat on Australia's economic growth prospects, suggesting interest rates could be on hold for even longer. The minutes of the central bank's June board meeting hig..
The takeover battle for energy junior Ambassador Oil and Gas is heating up, with Magnum Hunter lifting its offer.US-based Magnum responded to Australian company Drillsearch's improved offer on Monday ..
Australia's largest oil and gas company Woodside Petroleum will spend nearly $3 billion to get Royal Dutch Shell off its share register. Woodside's largest shareholder, petroleum giant Shell announ..
A summary of trading in key commodities markets overseas: ENERGY US oil traded little changed at nine-month peaks, while Brent rose modestly as investors watched the unfolding sectarian conflict..
The share market has recovered from early falls to close higher as investors brushed off worries about iron ore prices. Despite lingering concerns about unrest in the Middle East, there had been a ..
A shortage of workers could soon be a major concern as more people drop out of the labour market, a central bank official has warned. The participation rate - those in work, looking for work and re..
- Whether you make a profit selling your home depends a lot on when you bought it. And where. In the three months to March, 90 per cent of homes sold fetched more than their purchase price, acco..
The board of Roc Oil has urged shareholders not to hamper an $800 million merger with fellow energy player Horizon Oil. An independent report by corporate adviser Grant Samuel says the merger is fa..
Lost mobile phone? OMG! Lost superannuation? Whatever. A Westpac survey shows 48 per cent of working-age Australians would do "everything they could" to find their lost mobile phone but just a t..
A summary of trading in key commodities markets overseas: ENERGY Global oil prices surged to fresh nine-month highs as traders eyed escalating violence in Iraq, OPEC's second-biggest crude expor..
A roundup of trading on major world markets: NEW YORK - US stocks finished higher as investors weighed the implications of escalating sectarian violence in Iraq that has lifted oil prices to nine-m..
The Australian share market has closed at its lowest level in two months after escalating violence in Iraq spooked investors and falling iron ore prices continued to pressure mining stocks. CMC chi..
The share market has fallen to a two-month low as escalating violence in Iraq rattles investors. US President Barack Obama has said he's considering all options to halt the march of Islamic militan..
Australian bond futures prices are higher as worries about a new insurgency in Iraq spark a bout of cautious trade. Islamic militants are pushing toward Baghdad after capturing a town to the north ..
Stocks to watch on the Australian stock exchange on Friday, June 13: GFF - GOODMAN FIELDER - steady at 68.0 cents Food group Goodman Fielder will spend $27 million to expand its Christchurch ult..
The Australian sharemarket has closed lower due to weakness in resources stocks and negative overseas leads. Lower commodity prices and falls on overseas markets initially caused the share market t..
