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A roundup of trading on major world markets: NEW YORK - US stocks fell sharply Wednesday after the Federal Reserve's "Beige Book" portrayed a still-weak economy in September, as big losses from tec..
Stocks to watch on the Australian stock exchange on Thursday October 20BHP - BHP BILLITON LTD - steady at $36.40Iron ore and petroleum increasingly dominate BHP Billiton's production, making some inve..
The Australian share market closed firmly in the red after a fall in commodities prices and as it became apparent a full resolution to the European debt crisis was not imminent.The benchmark S&P/A..
Copper and gold miner OZ Minerals will continue to hunt for takeovers as it advances the $2 billion Carapateena project.The company also reiterated its full year copper production target, despite a th..
Iron ore and petroleum increasingly dominate BHP Billiton's production, making some investors nervous, even as the world's biggest miner posts record iron ore shipments.First quarter iron ore producti..
Blood products and vaccines maker CSL says currency fluctuations are making it difficult to give precise guidance on expected net profit for the 2012 financial year.CSL affirmed its expectation of a 1..
Virgin Australia is working with partner airlines Etihad Airways and Air New Zealand to add more seats in the domestic market.The airline says the move is to help minimise the impact on the tourism an..
The Reserve Bank of Australia is optimistic about the stability of the Australian banking system, despite recent worries about the European banks and government debt problems.RBA assistant governor (f..
Australia's largest gold miner Newcrest Mining insists it can still meet its production targets despite a 16 per cent drop in gold production and cost blow-outs.Shares in the miner slumped to an almos..
Global miner Rio Tinto says it has committed an additional $US1.3 billion ($A1.2 billion) to the development of the huge Simandou iron ore field project in Guinea. "Rio Tinto is accelerating the de..
Online travel agency Webjet says its pre-tax first quarter profit is up 23 per cent on the same period last year, and still expects 10 per cent growth in its annual profit. Webjet on Wednesday said..
Australian bond traders have reacted cautiously to media reports that France and Germany have agreed to boost Europe's rescue fund. Global stocks and currency markets rallied early on Monday mornin..
A roundup of trading on major world markets: NEW YORK - US stocks rallied Tuesday after a British newspaper reported that France and Germany were ready to sharply boost the eurozone's rescue fund i..
Australian shares closed sharply lower with local resources stocks hit hard, amid renewed pessimism over Europe's ability to manage its debt crisis.Concern about weaker than expected Chinese growth fi..
Telstra's participation in the national broadband network (NBN) moved a big step forward when shareholders said yes to the telco giant's deal with the federal government. Overwhelming shareholder a..
Qantas will ground another two aircraft and cancel a further 80 domestic flights over the next month, in response to ongoing industrial action by its engineers. Qantas said on Tuesday that two Boei..
Leaky seals are being blamed for causing Cochlear's latest bionic ear device to break down and spark a massive recall which could cost the company up to $150 million.Cochlear stunned shareholders and ..
Woolworths plans to raise $500 million through a note issue.Woolworths on Tuesday lodged a prospectus with the Australian Securities and Investments Commission (ASIC) for the offer of dated, unsecured..
Interest rates are expected to stay on-hold for the rest of the year after the central bank confirmed inflation was easing. The minutes of the Reserve Bank of Australia's (RBA) October 4 board meet..
A roundup of trading on major world markets:NEW YORK - US equity markets sank Monday after a three-week rally after a meeting of G20 finance chiefs failed to boost confidence that a solution to the eu..
BHP Billiton's iron ore and petroleum divisions are expected to be standouts in the mining giant's September quarter production report on Wednesday. Analysts at investment bank UBS expect BHP Billi..
Stocks to watch on the Australian stock exchange on Tuesday October 18 ANN - ANSELL LTD - down one cent at $13.86 Gloves and condoms maker Ansell has reported mixed cost pressures on its raw mat..
Berlin has dampened expectations that an upcoming EU summit will finally force the debt crisis genie back into its bottle, amid warnings that market instability is damaging the real economy. Financ..
Miner Fortescue Metals Group is undeterred by an expected continuation of softer iron ore prices as it eyes long-term output expansion. The Platts iron ore index, on which the company's sales contr..
Super Retail Group plans to open more than 50 new stores and expand into the leisure retail market after agreeing to buy sports goods retailer Rebel Group from private equity firm Archer Capital for $..
