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The Australian share market turned positive again after two days of losses, with investors buoyed by strong overseas leads. The ASX200 cracked the 5000-point mark for only the third time in 20 days..
BHP Billiton's much maligned $20 billion shale oil and gas acquisitions are bearing fruit. BHP said its biggest oil producing field was not a typical offshore one, but an unconventional onshore sha..
Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism. The Japanese automaker, which said We..
Australian building products maker James Hardie is being sued by the New Zealand government over a $NZ1.5 billion ($A1.24 billion) repair bill for leaky school buildings. The New Zealand Ministry o..
The Australian share market is trading higher, led by the big banks, after local investors were buoyed by a lift in markets in the United States. On Wall Street in the US on Tuesday, stocks rose on..
Carsales.com looks set to soon be selling cars in Brazil. The online classifieds business has signed a binding term sheet and begun exclusive negotiations to take a 30 per cent stake in Brazil's We..
Australia's economic growth is expected to pick up pace in the coming year, a private survey shows. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activi..
Coca-Cola's first-quarter earnings have dropped 15 per cent partly due to restructuring costs, though unit case volumes edged up. The world's largest beverage company also unveiled a new partnershi..
BHP Billiton's shares have opened higher after it maintained full year production guidance for key commodities in its latest quarterly report.The world's largest diversified resources company posted p..
US stocks have opened lower after earnings reports from Bank of American, Intel and Yahoo disappointed investors.Five minutes into trade, the Dow Jones Industrial Average sank 103.90 (0.70 per cent) t..
The Australian share market recovered some of its early losses but still closed lower on Tuesday. The market was led lower in the wake of a sharp fall on United States' markets, concerns about the ..
Rio Tinto's cost cutting program is hitting its targets as the global miner posts a better than expected quarterly iron ore production report. The world's second-largest iron ore producer said glob..
Mining giant Rio Tinto says global iron ore production increased to 61 million tonnes in the March quarter, up six per cent on the same period last year. Rio Tinto said its 2013 iron ore production..
Wesfarmers quarterly sales are expected to grow around four per cent, driven by its supermarket giant Coles and home improvement chain Bunnings. Wesfarmers will announced its third quarter sales re..
Australian investors were left confused after $7 billion was wiped off the value of the sharemarket, taking the losses in two days to more than $22 billion. The price of gold, normally considered a..
Cattle producer Australian Agricultural Company will lower the value of its herds, partly because continued dry weather has hit domestic cattle prices. AACo says rainfall has been well below averag..
The Australian market was lower at noon, but the falls have not been as heavy as occurred in the US overnight. Investors appear risk averse, with resources stocks the hardest hit in light of disapp..
Shares in Australia's gold miners are being punished for a second consecutive day after the price of the precious metal was smashed overnight.The price of gold plunged more than nine per cent to a two..
The Reserve Bank of Australia is in a wait-and-see mode as it tries to work out whether it needs to deliver households more interest rate cuts.The minutes from the RBA's April 2 board meeting show the..
Gold prices have plunged deeper, reaching their lowest level in more than two years as other metals also fell amid market pessimism owing to an unexpected slump in Chinese economic activity. After ..
US stocks have rallied strongly in opening trade, recovering some of their losses from a prior session marred by the deadly Boston explosions.Five minutes into trade, the Dow Jones Industrial Average ..
The Australian share market has closed lower as commodity price falls and weak economic data from China sparked a major sell off. Last week's gains were wiped out and some of the big miners were pu..
The rout of the gold price is expected to continue after holders of the precious metal and gold mining stocks were punished on Monday.The speed of the fall has surprised market watchers, with gold tra..
Mining company Rio Tinto warns the jobs of 1300 workers are at risk after a court overturned approval for a coal mine's expansion. Rio attacked the NSW planning system after the Land and Environmen..
PrimeAg shareholders have approved the sale of some of its assets to a US-based farm investor, as it moves towards delisting from the share market and winding up. Investors in the Australian rural ..
