Latest Finance News



Resolute returns to profit

Resolute Mining says it swung back to profitability in 2010/11 and expects gold production to rise in the current year. The gold mining and exploration company reported net profit of $61.39 million..

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US, European stocks rally

A roundup of trading on major world markets: NEW YORK - US stock markets rallied on Monday as upbeat data on consumer spending lifted hopes that economic growth would pick up speed, while Hurricane..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange today (Tuesday August 30)AWE - AWE LTD - up 5.5 cents at $1.255Oil and gas company AWE has posted a $117.6 million full year loss after taking hits on ..

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Aussie stocks close higher

Australian shares pared back earlier gains, but still closed higher as strong company earnings at the end of the reporting season buoyed investor sentiment.At 1615 AEST, the benchmark S&P/ASX200 index..

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Centro’s profit declines

Centro Properties Group's underlying annual profit has fallen 92 per cent due to its sale of assets in the United States and the strength of the Australian dollar.The shopping centre owner is undertak..

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Stocks to watch on Monday

STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE TODAY MONDAY, AUGUST 29ASX - ASX LTD - up eight cents at $29.35ASX Ltd, the listed owner of the Australian Securities Exchange, has appointed the head ..

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New home sales fall 8% to 10-year low

New home sales have fallen to their lowest level in more than a decade, reflecting a sharp deterioration in new home building conditions, the Housing Industry Association (HIA) says.A survey of Austra..

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Aussie shares close higher

The Australian share market has closed higher, with investor sentiment buoyed by rallies on offshore markets, but pulled back slightly from earlier gains.At 1615 AEST, the benchmark S&P/ASX200 index w..

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GPT half-year profit up 67%

GPT Group has lifted reported first half profit by 67 per cent and says it is on track to be Australia's best performing property group.Chief executive Michael Cameron said GPT expected to deliver a s..

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Sky TV net profit up 17%

Sky Network Television reported a 16.7 per cent rise in full year net profit to $A95.44 million, while revenue lifted 7.4 per cent to $A633.29 million. The total subscriber base rose by a net 27,02..

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Stocks slide in US, Europe

A roundup of trading on major world markets: NEW YORK - US stocks fell on Thursday, a day before Federal Reserve chief Ben Bernanke gives a much-anticipated speech that will offer hints of how the ..

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