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Australia is on the path to rival Qatar as the world's largest liquefied natural gas (LNG) producer after US energy giant Chevron signed off on its $US29 billion ($A29.63 billion) Wheatstone project.C..
The Australian share market closed at a more than two-year low, with about $18 billion wiped from the value of listed companies as investors fretted about the possibility of a global recession.Both ma..
Shares in Australian stock exchange-listed Blackgold International Holdings rose after the Chinese coal producer acquired the holder of a coal mine in Chongqing municipal province in China. Blackgo..
Despite months of bickering, joint venture partners Auzex Resources and GGG Resources now insist they are getting along and that their new gold company, Bullabulling Gold can proceed. In what has b..
As the world's financial markets faced another bout of anxiety, Australia's central bank said the local banking system remained in good shape but warned against lowering standards to boost growth. ..
The financial doom and gloom looks to be presenting a silver lining for would-be home buyers, with one building society now offering a fixed-term mortgage under six per cent. The Greater Building S..
The Australian dollar has fallen sharply to 10-month lows, as concerns over the state of the US economy cause a massive sell-off on global markets. At 0700 (AEST), the Australian dollar was trading..
It had to come — another big Wall Street sell-off — and I should have predicted it when my charts guy Lance Lai called me yesterday and asked whether I saw anything positive that could make a lie ..
Australian 10-year bond futures are trading near all-time highs, as fears about the state of the US economy cause sharp losses on global markets overnight. The sell-off has helped boost local bonds..
US oil prices plunged more than $US5 ($A4.98) on Thursday, hit by a stronger US dollar as investors flocked to the safe-haven currency on escalating fears about the weak economy and the threat of a ne..
Australia's largest rare earths miner Lynas Corporation has posted a 33 per cent widening in its full-year loss following a year blighted by controversy.Public protests this year prompted an investiga..
US stocks halted their downward slide on Friday, with the Dow Jones Industrial Average hovering just above the break-even mark at the close, despite ongoing gloom about the state of the global economy..
Luxury accessories retailer OrotonGroup has cast aside weak domestic retail conditions to post an eight per cent increase in full year profit while boasting a better than expected start to the new fis..
Foster's Group says its planned $12.3 billion takeover by British-based brewer SABMiller will be good for local jobs and the company's branding overseas."We think it's a very compelling offer for shar..
The Australian share market closed more than 2.6 per cent lower amid global uncertainty following big falls on Wall Street after the US central bank downgraded its economic outlook. At the close on..
Australia's largest brick and tile maker, Brickworks, says it has axed 17 per cent of its workforce and will close two more factories before Christmas due to the depressed housing market.Brickworks ma..
Lynas Corporation has flagged a 30 per cent jump in full year pre-tax loss due to higher operating costs at its Mt Weld rare earths mine in Western Australia as production is ramped up.Lynas shares ha..
The Australian dollar briefly fell below parity with the greenback on Thursday afternoon, on concerns that the US Federal Reserve was not doing enough to stimulate America's ailing economy.At 1236 AES..
US stocks dived Wednesday after the Federal Reserve announced new measures to support the flagging economy that left investors cold. The Dow Jones Industrial Average plummeted 283.82 points (2.49 p..
Stocks to watch on the Australian stock exchange early on Thursday:AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - steady at $1.40Beef producer Australian Agricultural Company Ltd (AACo) says it could sta..
Diversified investor Washington H Soul Pattinson's (WHSP) increased full year profit by 67 per cent and the company says it has plenty of cash to grow its portfolio.WHSP generated a net profit of $363..
The struggles of retailers across the country have come as consumers switch their spending away from goods to services and so-called "experiences", a central bank official says.Reserve Bank of Austral..
Self-managed super funds will face new independent auditing requirements and an on-market based environment for related party transactions under the Federal Government's new Stronger Super Reforms, an..
The Australian share market has recovered to finish in positive territory, pushed up by positive economic data out of China.The local bourse opened about 20 points higher, drifted back into negative t..
Building products distributor Alesco Corporation says trading conditions in the Australian housing and construction markets have not improved since August when it said that it expected lower profits i..
