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Perseus Mining shares have fallen heavily after two of the company's founding directors announced they will depart in November.Rhett Brans and Neil Fearis will leave their positions at Perseus' annual..
Australian shares are weaker after a US Federal Reserve official said tapering of economic stimulus could begin in October. Resources and energy stocks were the worst performers on the market. S..
Today's young workers can expect to have an average $1.1 million in their superannuation by the time they retire but it won't be enough to maintain a comfortable post-work lifestyle. New research b..
The world's largest drilling company Boart Longyear says it will reduce the size of its revolving credit facility from $US450 million to $US140 million.The company said the change was subject to its c..
The Australian dollar has fallen against a stronger US dollar, after a senior US Federal Reserve official said the Fed still could taper its bond purchases this year. At 0700 AEST on Monday, the lo..
Australian businesses are more satisfied with the big four banks than at any point in the last four years.But satisfaction levels for National Australia Bank and ANZ continue to lag behind Commonwealt..
The Australian share market remains lower as traders cool off after a worldwide rally sparked by the US central bank's surprise stimulus decision. The US Federal Reserve announced on Thursday it wo..
A UK funds manager has had to go back to square one in order to work out how to get the most out of emerging markets. "A lot of people are focusing on the benchmarks, and the benchmarks will lead y..
The number of travellers through Sydney Airport rose by 2.4 per cent in August to 3.2 million, with strong growth in visitors from India, China and Malaysia. Just under 1.05 million international p..
Flight Centre is altering its name to highlight that it offers more than airfares. The company will be known as Flight Centre Travel Group, if shareholders approve the change at an annual general m..
Resources giant BHP Billiton says its new US$1.5 billion gas plant will supply 20 per cent of the domestic West Australian market amid hopes of doubling capacity.The first gas started flowing in Augus..
US stocks have closed mixed, cooling off after Wednesday's torrid rally in the wake of the Federal Reserve's decision to maintain an aggressive stimulus program. The Dow Jones Industrial Average dr..
The Australian share market has hit a five year high, gaining more than one per cent after the world's largest economy decided to continue its stimulus program. Local stocks opened strongly and gai..
Two directors of the Australian Securities Exchange have resigned in the wake of a share trading scandal in the United States. Shane Finemore and Russell Aboud resigned from the ASX board on Thursd..
Iron ore miner BC Iron has notched up 10 million tonnes of exports and inked new exploration deals in Brazil. The Nullagine joint venture in the Pilbara, owned by BC Iron and Fortescue Metals Group..
Origin Energy has secured 432 petajoules of natural gas from ESSO Australia and BHP Billiton Petroleum to meet customer demand. Origin, which is an oil and gas producer and retailer, will buy the g..
Billabong has opted for an alternative multi-million-dollar lifeline to the one it secured two months ago, meaning another new CEO for the struggling surfwear retailer. Neil Fiske, a former chief e..
The US dollar has tumbled against other major currencies after the Federal Reserve's surprise decision to maintain its aggressive monetary stimulus program. The euro traded at $1.3511 around 2200 G..
Australian accessory maker Oroton will ramp up its push into world markets while building international brands back home.The fashion retailer plans to build on its moves into Asia, where it currently ..
The nation's largest brick and tiles maker Brickworks has nearly doubled its annual profit and says the housing and construction sector is recovering.Brickworks expects its building products division ..
US stocks have opened higher, adding to the fresh records struck after the Federal Reserve's shock decision to not cut back its stimulus program.Wall Street's rise at the opening bell kept up a global..
Australian shares are weaker as cautious investors wait for direction from the US Federal Reserve on its stimulus program for the world's biggest economy. IG market analyst Evan Lucas said lower ir..
Warrnambool Cheese and Butter says the timing of a takeover bid by Bega Cheese is opportunistic, and advised its shareholders to take no action for now. The Warrnambool board is still reviewing Beg..
The first addition to the Boeing 787 family has completed its maiden test flight in the US, taking off from Paine Field, near the factory where the plane was assembled, and landing in Seattle about fi..
Africa focused Perseus Mining has cut staff and slashed directors' pay as it scales back expectations for its Edikan mine in Ghana.Shares in the Perth based gold miner fell by 3.5 per cent, despite Pe..
