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The share market has been weighed down by weaker commodity prices and a stronger Australian dollar. The market recovered some of its earlier losses in afternoon trade, but still finished in the red..
The Abbott government's sale of Medibank Private is likely to be a good opportunity for investors, but bad news for the health insurer's staff. Analysts say there will be plenty of market interest ..
Sydney's Cross City Tunnel has been bought by toll road owner Transurban for $475 million. The 2.1 kilometre tunnel connects the west side of Sydney's CBD to Rushcutters Bay in the east, and cost $..
Pharmaceuticals wholesaler and distributor Sigma Pharmaceuticals will increase its focus on services that can be offered by pharmacists as it continues to battle changes to the Pharmaceutical Benefits..
US stocks have finished lower with technology names tumbling the most after the market snubbed a Facebook acquisition announcement and King Digital's first day of trade as a public company. The Dow..
Experienced businessman Robert Millner warns the nation's economy is not as healthy as the latest figures, and some economists, would have you believe. As Mr Millner announced half year earnings fo..
The share market rose on the back of strong consumer confidence data in the US and higher commodity prices. The market gave up some gains in late trade, but most sectors rose, in particular the min..
Rising unemployment and weak consumer confidence are likely to put the brakes on rapidly rising house prices, a real estate data firm predicts. Consulting analyst with Onthehouse.com.au, John Edwar..
Westfield Group has secured $22 billion in funding for its plans to split its Australian and New Zealand operations from its international business. Under the plan, its Australian and New Zealand b..
Insurance Australia Group (IAG) has received the competition watchdog's approval for its $1.85 billion purchase of Wesfarmers' insurance underwriting operations. The Australian Competition and Cons..
Freeing up restriction on trade in China's currency will be difficult but the benefits will be substantial, a Reserve Bank of Australia official says. China's currency, the renminbi, also known as ..
Agricultural chemicals and seeds supplier Nufarm has more than doubled its first-half profit, thanks to strong growth from its South American business and tax credits. Nufarm made a net profit of $..
US stocks have finished higher as biotechnology companies and other high-tech equities steadied following a two-day skid. The Dow Jones Industrial Average gained 91.19 points (0.56 per cent) to 16,..
An investment fund is taking issue with Coca-Cola's pay proposal for management, saying it represents a "raw deal" for shareholders in light of the beverage maker's slowing growth. In a letter to C..
The share market has closed lower as gold stocks came under pressure because of a significant fall in the price of the precious metal. A rebound in iron ore-focused stocks on Tuesday offset some of..
Explosives, mining services and chemicals supplier Orica has secured 100 petajoules (PJ) of gas from Strike Energy. Orica said the additional gas will be supplied over 10 years from 2020. The co..
New Hope Corporation says it expects coal prices to remain low, as it reports its first half net profit has slumped 67 per cent to $22.7 million. The weaker result was blamed on lower thermal coal ..
Most Australian coal miners have been struggling for two years but New Hope has $1.1 billion in the bank and plans to capitalise by making acquisitions. The Queensland miner was up for sale itself ..
A second straight sell-off of popular technology shares has dragged US stocks lower, as tensions with Russia over Ukraine continue to keep investors on edge. The Dow Jones Industrial Average finish..
Internet provider TPG Telecom has lifted its half year profit by 15 per cent thanks to solid growth in broadband subscribers. TPG made a net profit of $90.1 million in the six months to January 31,..
Premier Retail boss Mark McInnes says international clothing giants heading down under will have trouble getting the right products for the Australian market. With the likes of H&M, Marks and S..
A second straight sell-off of popular technology shares has dragged US stocks lower, as tensions with Russia over Ukraine kept investors on edge. At the closing bell on Monday, the Dow Jones Indust..
Australian bond futures prices are marginally weaker despite more signs Chinese economic growth is slowing down. Chinese manufacturing activity contracted in March to its weakest rate in eight mont..
The share market has overcome early falls and weaker than expected Chinese economic data to post a small gain. The market opened in negative territory following losses on Wall Street on Friday, but..
Shares in Rupert Murdoch's film and television business 21st Century Fox are set to be removed from trading on the Australian market in May. The company, which was created in 2013 when News Corpora..
