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The current account deficit narrowed in the June quarter as record commodity prices offset an unexpectedly slow recovery in the volume of mining exports.The seasonally adjusted current account deficit..
The sluggish housing sector may have turned a corner, after housing finance figures for July showed tentative signs of improvement, economists say.They also say that stronger economic growth, low unem..
Data released on Tuesday poured cold water on expectations Wednesday's national accounts will reveal a big bounce in economic activity in the june quarter. In short, the seasonally adjusted real-te..
Australian investors are seeking more direction from superannuation funds on where to put their money amid continuing volatility in financial markets and weak investment returns.A survey of more than ..
Amid growing dissent among her own supporters, German Chancellor Angela Merkel on Monday rejected calls for Greece to be expelled from the eurozone, saying such a course was neither feasible nor legal..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON TUESDAY, SEPTEMBER 6AQA - AQUILA RESOURCES LTD - down 31 cents at $5.75Aquila Resources will spend $368 million on its Washpool coking coal project ..
A roundup of trading on major world markets: NEW YORK - Wall Street was closed for the US Labor Day public holiday. LONDON - European stocks tumbled about four per cent on Monday, with bank stoc..
Banks have criticised the prudential regulator's timing for introducing new Basel III capital reforms in Australia but analysts say the proposed reforms and timeframes are less onerous than expected.A..
The Australian share market closed weaker, extending losses from early trade as disappointing US jobs data continued to take its toll on stocks. At 1615 AEST the benchmark S&P/ASX200 index was ..
The Macarthur Coal board has told shareholders to accept a takeover bid by ArcelorMittal and Peabody Energy (PEAMCoal) but says a better alternative bid might still emerge. Macarthur released its t..
A rebound in company profits suggests Australia's economy will post a return to growth in the June quarter when national accounts are released on Wednesday.Company profits posted their first rise in a..
The Australian economy is expected to have returned to growth in the June quarter after a contraction in the previous three months because of natural disasters over the summer.The Australian Bureau of..
Activity in the Australian services sector expanded in August for the first time in four months, despite continuing softness in household spending.Service sector activity has contracted in nine out of..
Job advertisements have dropped for the second month in a row suggesting Australia's economy was going through a soft patch, a survey shows. Total job advertisements on the internet and in major me..
A summary of trading in key commodities markets overseas:ENERGYWorld oil prices slumped on Friday after the United States reported that job creation ground to a halt in August, a stark sign of trouble..
A roundup of trading on major world markets: NEW YORK - A dismal jobs report has caused stocks to plunge in the US. The Dow Jones industrial average dropped 253 points, or 2.2 per cent, wiping o..
Stocks to watch on the Australian stock exchange at the close on Monday:BHP - BHP BILLITON LTD - down 83 cents, or 2.1 per cent, at $39.04The Queensland government will require miner BMA to have 80 pe..
QR National has taken advantage of booming global demand for Australian coal by striking a deal with eight mining companies to build a $900 million rail line to a new export terminal in Queensland.The..
Borrowers can breathe easy for the next few months, as economists don't expect an interest rate rise for the remainder of 2011, while some are tipping a cut in the new year.They can thank recent finan..
The Australian share market has closed lower as investors expect poor US employment data to push the market even further down. The benchmark S&P/ASX200 index was down 64.6 points, or 1.5 per ce..
The Compass Hotel Group Ltd's portfolio will be sold to the Woolworths-backed ALH Group, following an agreement reached with receivers. The sale comes after receivers Taylor Woodings were appointed..
Colombia posted record oil output of 953,000 barrels a day in August, a year-on-year increase of about 21 per cent, official data showed on Thursday, as the key sector continues to boom. Mines and ..
A roundup of trading on major world markets:NEW YORK - US stocks dropped more than one per cent on Thursday, a day before a closely watched report on the jobs market will show whether prospects are im..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE FRIDAY September 2ADU - ADAMUS RESOURCES LTD - up one cent at 66 centsGhana-based gold miner Adamus Resources expects to complete its planned merger wi..
Shares in Investigator Resources soared after the mineral exploration minnow said strong silver grades at a project in South Australia reinforced a recent discovery.Investigator shares closed up 9.2 c..
