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Junior minerals explorer Pluton Resources has agreed to acquire the Cockatoo Island iron ore assets in Western Australia's Kimberley region in a deal that should propel it to producer status.Pluton sh..
Qantas Airways has reported improving yields - or average fares per passenger - across the airline group for July.In its monthly capacity and traffic statistics released on Friday, Qantas said total d..
The Australian share market pared back earlier gains on offshore leads to close slightly higher, led by telecom stocks.At 1615 AEST, the benchmark S&P/ASX200 index was up 11 points, or 0.26 per cent, ..
Telstra will be almost $5 billion better off under its structural separation plan than if it competes with the National Broadband Network (NBN), according to an independent analysis.The finding is inc..
Australian manufacturing activity contracted further in August, with the sector continuing to suffer from strong overseas competition and the high Australian dollar, an industry group says. The Aus..
Investment spending data shows the economy returned to growth in the June quarter and avoided a recession, economists say. Official figures show the increase was underpinned by double-digit percent..
Ratings agency Standard and Poor's (S&P) has revised its outlook on Qantas Airways Ltd to stable from negative, based on the airline group's new international strategy. S&P on Thursday said..
Construction giant Leighton Holdings will vigorously defend claims in a proposed class action that it did not properly inform shareholders about its massive slump in financial performance. Law firm..
ING DIRECT Australia's first half profit rose by 22 per cent despite increased competition and a slowdown in credit growth.The online banker said net profit was $161.9 million for the six months to Ju..
Stocks to watch on the Australian stock exchange today (September 1)BHP - BHP BILLITON LTD - up 39 cents at $39.74A cashed-up BHP Billiton will spend $US367 million ($A344.31 million) expanding up its..
US stocks gained on Wednesday, boosted by better-than-expected data on manufacturing in the country's industrial heartland, while still ending the month of August with losses. The Dow Jones Industr..
Building products maker CSR will close manufacturing lines in Victoria and NSW and lay off 110 workers as it restructures its glass business to cope with challenging business conditions.CSR says the d..
The Australian share market closed slightly higher, with late gains in financial and mining stocks helping the bourse out of earlier negative territory.At 1615 AEST on Wednesday, the benchmark S&P/ASX..
Commonwealth Bank of Australia's (CBA) bid for Count Financial is an opportunistic move made by chief executive designate Ian Narev at the bottom of the cycle which is light on premium, analysts say.O..
Capital city home prices have fallen for a seventh consecutive month as cautious consumers pull back from major purchases amid poor business conditions outside the resource sector.And, in a further si..
Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in July after falling by 0.1 per cent in June. Over the year to July, total credit rose by 2.7 per cent, ..
A summary of trading in key commodities markets overseas:ENERGYOil prices rallied on Tuesday in volatile, low-volume trade, with sentiment supported by the weaker dollar even as weak new consumer data..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON WEDNESDAY, AUGUST 31ASL - AUSDRILL LTD - up five cents at $3.36Mining services firm Ausdrill is targeting about $1 billion in revenue this financial..
US stocks closed with modest gains on Tuesday after newly released minutes from the Federal Reserve's key policy committee raised hopes that the Fed would act to boost the ailing economy. The Dow J..
Conciliation talks between Qantas and long-haul pilots over a pay and conditions dispute will continue next month.The airline met with the Australian and International Pilots Association (AIPA) in Syd..
A former chief executive of Centro Properties Group has been fined and its former chief financial officer banned from management for two years for breaches of corporate law.In Melbourne on Wednesday, ..
Investment by Australian miners and exploration companies in Africa has surged to $US20 billion ($A18.8 billion) and more is in the pipeline, Foreign Minister Kevin Rudd says.About 230 Australian reso..
Australian stocks pared back earlier gains to close marginally stronger as investors awaited firmer direction from economic events offshore.The benchmark S&P/ASX200 index was up 5.9 points, or 0.1..
Commonwealth Bank of Australia (CBA) swooped on Count Financial, offering $373 million for the financial planning accountants network in a deal that will make CBA's dealer group Australia's second big..
Retailer Harvey Norman says it remains cautious into fiscal 2012 due to global volatility and weak domestic conditions after posting a nine per cent increase in full year profit. Harvey Norman Hold..
