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The Australian share market closed at its highest level since the global financial crisis in mid-2008, boosted by a range of positive drivers. Rising consumer confidence amid positive global econom..
Lending for housing continued to rise in February, but in a way that's likely to please the Reserve Bank of Australia. The value of finance approvals by banks and other lenders rose by 2.9 per cent..
Stocks to watch on the Australian stock exchange at noon on Wednesday: AWC - ALUMINA - up 3.5 cents, or 2.8 per cent, at $1.29 Alumina's aluminium producing partner Alcoa lost $US178 million ($A..
Department store Myer has given up its hope of a merger with rival David Jones after being trumped by a $2.15 billion takeover offer from a South African retailer. Myer had proposed a "merger of eq..
South African retailer Woolworths believes it can dramatically turn around David Jones within five years, after launching a $2.15 billion takeover bid for the department store business.The company, wh..
Stocks to watch on the Australian stock exchange on Wednesday, April 9AFJ - AFFINITY EDUCATION - in trading halt, last traded at $1.34Affinity Education is shelling out $80 million for 51 child care a..
A summary of trading in key commodities markets overseas:ENERGYGlobal oil prices jumped on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Done..
Gold futures ticked to a two week high as violence in Ukraine fueled safe-haven buying.The most actively traded gold contract, for June delivery, ended up 0.8 per cent, or $US10.80, at $US1,309.10 a t..
A roundup of trading on major world markets:NEW YORK - The tech-rich Nasdaq Composite Index rallied, leading the market to its first day of gains after three straight losses.The Nasdaq added 33.23 poi..
Australian bond futures prices are mixed as investors wait for key local job figures. A disappointing National Australia Bank business survey, which showed sluggish business conditions affected con..
The share market has rebounded from early losses to close flat, as bargain hunters stepped in. "The decline we've seen over the last two to three days was US focused, with the US technology sector,..
Australia's new trade agreement with Japan is good news for the economy but it's too early to say how consumers will benefit, economists say. The agreement with Australia's second largest trading p..
Mining giant Rio Tinto has gifted its stake in one of the world's largest copper mine to two charities. Rio Tinto said its 19.1 per cent stake in Northern Dynasty, which is developing the Pebble Co..
Stocks to watch on the Australian stock exchange at noon on Tuesday:AFJ - AFFINITY EDUCATION - in trading halt, last traded at $1.34Affinity Education is shelling out $80 million for 51 child care and..
German industrial production grew more than expected in February despite a small drop in the construction sector, pointing to a robust start to the year, official data suggests. Industrial output, ..
The Australian dollar has drifted lower following soft economic data. At 0700 AEST on Tuesday, the local currency was trading at 92.75 US cents, down from 92.84 cents on Monday. Data released on..
Uncertainty over the Federal Reserve's easy-money policies has sparked a selling of gold futures. The most actively traded contract, for June delivery, on Monday settled down $US5.20, or 0.4 per ce..
US stocks have slumped for a third day in a row with investors worrying about whether high-flying technology stocks are overvalued and cautiously anticipating earnings season. The Dow Jones Industr..
The share market has fallen despite making up some of the early losses incurred due to a negative lead from Wall Street.The US market fell on Friday as investors worried about excessively high valuati..
Australian bond futures prices are higher and continue to trade within a tight range ahead of key local economic data.Bond prices rallied on the back of Friday's disappointing US employment figures wh..
The share market is lower as investors follow a negative lead from Wall Street's last session. Friday's big drop in high-growth companies in the US overshadowed a solid US jobs report, Bell Potter ..
Australia's construction industry remains in decline but there are signs of improvement. The Australian Industry Group/Housing Industry Association Performance of Construction Index rose 2.0 points..
A summary of trading in key commodities markets overseas: ENERGY Oil prices advanced due to a solid US jobs report and continued doubt about the prospects for a full recovery of Libyan exports. ..
The Australian dollar has bounced on the back of key US employment figures. At 0700 AEDT on Monday, the local currency was trading at 92.85 US cents, up from 92.36 cents on Friday. The US added ..
A roundup of trading on major world markets: NEW YORK - The Nasdaq Composite Index tumbled more than 2.5 per cent, as investors overlooked a solid US jobs report to sell off prominent names from ac..
