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Embattled Newcrest Mining has given its investors some much-needed good news by beating its own expectations on quarterly gold production and costs.However the positive numbers were offset by the news..
Ten Network is using the clout of its mega-wealthy shareholders to help fund a ratings turnaround, after posting a full year loss of $285 million.Lachlan Murdoch, James Packer and WIN TV owner Bruce G..
Ten Network is using the clout of its mega-wealthy shareholders to help fund a ratings turnaround, after posting a full year loss of $285 million.Lachlan Murdoch, James Packer and WIN TV owner Bruce G..
Australian building products maker Boral is partnering with a US firm to create a $US1.6 billion ($A1.68 billion) plasterboard and ceilings joint venture.Boral has signed a deal with USG, the largest ..
An 11th-hour deal to end the US government shutdown and raise the debt ceiling has sparked a strong rally on Wall Street, with gains of nearly 1.4 percent. The Dow Jones Industrial Average on Wedne..
The share market recovered from opening losses to close slightly higher on cautious optimism US politicians will agree on a temporary deal to raise its debt ceiling. IG market strategist Stan Shamu..
The economic green shoots that boosted Iluka Resources' hopes of a recovering mineral sands market earlier this year have shrivelled. The miner's sales revenue of $147 million in the three months t..
Ferry and tour boat operator SeaLink has sailed through a stellar first day on the share market, adding $28 million to its value.SeaLink Travel Group shares hit the market at $1.10 and immediately ros..
Australia's economy has suffered a significant loss of momentum since the start of the year as its transition away from being a mining investment gets bumpy. The Westpac/Melbourne Institute Leading..
Rating agency Fitch has put the United States on warning for a downgrade after Congress failed to reach a deal on raising the country's debt ceiling. Fitch on Tuesday placed the United States's top..
The Australian sharemarket is slightly higher, as strong demand for resources stocks offsets concerns about the US debt ceiling debate. Invast chief market analyst Peter Esho said a positive produc..
Warrnambool Cheese and Butter (WCB) has urged its shareholders to reject a $370 million takeover proposal from rival Bega Cheese, saying the offer is inferior to an offer from Canadian dairy giant Sap..
Blood products and vaccines maker CSL is embarking on a share buyback worth almost $1 billion as it flags a slowdown in profit growth.CSL will spend $950 million through another share buyback during t..
US stock markets have closed deep in the red as politicians in Washington remained deadlocked over a deal to reopen the government and avoid default on its debts.The Dow Jones Industrial Average on Tu..
The Australian share market closed one per cent higher amid signs that politicians in the United States may soon reach a deal over the US budget and debt ceiling. Lonsec client adviser Michael Heff..
With five children to feed on a wage of 63 cents a day, Yumina and her family struggled to survive in their small village in West Timor. A small loan worth about $A460 changed their lives. "I de..
Personal finance loans were down 2.6 per cent in August. The Australian Bureau of Statistics (ABS) on Tuesday said personal finance commitments, seasonally-adjusted, fell to $7.763 billion in Augus..
Fuel supplier and retailer Caltex will sell its Sydney bitumen business to Puma Energy, a subsidiary of Dutch commodities trader Trafigura Beheer BV. Caltex supplies bitumen, which is a by-product ..
The Australian share market is trading higher, with investors buoyed by encouraging signs that politicians in the United States may soon reach a deal over the US budget and debt ceiling. "The annou..
The Reserve Bank of Australia is holding fire on interest rates, but says another cut is possible.Most forecasters, including economists from all four of Australia's major banks, are now saying that a..
Telstra has defended chief executive David Thodey's $8.8 million pay packet after a shareholder questioned whether the telco's performance justified such a salary.At the telco's annual general meeting..
Gaming firm Tabcorp's revenue grew by three per cent in the first quarter of the financial year, despite what it describes as tough trading conditions.Revenue in the three months to September 30 was $..
US stocks reversed losses and finished higher amid encouraging signs from the White House and Congress that a deal is in reach on the budget and debt ceiling. At the close on Monday, the Dow Jones ..
Investor nervousness has weighed on the local market as the deadline approaches to resolve the US political deadlock over the debt ceiling. US politicians have until Friday (Australian time) to rea..
BlueScope Steel will buy Arrium's OneSteel sheet and coil business for around $23 million. The steel manufacturer said the agreement included processing and distribution businesses in Sydney, Brisb..
