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US stocks ended mixed on Wednesday after the minutes of the Federal Reserve's last policy meeting suggested it could end its QE stimulus program by the end of the year. The Dow Jones Industrial Ave..
United States Federal Reserve chairman Ben Bernanke says the Fed's easy-money policy is still necessary, because the jobs market remains weak and inflation remains too low for comfort. Speaking in ..
Australian shares have closed higher despite slipping in afternoon trade due to concerns about a slowdown in China. Data from China showed exports unexpectedly fell 3.1 per cents, while imports fel..
Mortgage business Pepper has launched a late takeover bid for RHG, formerly RAMS Home Loans, just two days after lender Resimac reached a deal to buy the company. Pepper has put an offer to the RHG..
Consumer confidence has improved, but remains weaker than it was at the beginning of the year. The Westpac/Melbourne Institute index of consumer sentiment in July has fallen slightly to 102.1, from..
China's trade surplus fell 14.0 per cent in June as imports and exports both dropped unexpectedly, suggesting a further slowdown in the Asian economic giant as Beijing warned of "grave challenges". ..
Virgin Australia's trans-Tasman alliance with Air New Zealand is set to continue after the consumer watchdog said it intended to re-authorise the partnership. The Australian Competition and Consume..
Stocks to watch on the Australian stock exchange on Wednesday, July 10: AWC - ALUMINA - up 3.0 cents, or 3.0 per cent, at $1.03 Shares in Australia's Alumina have posted strong gains despite its..
US stocks have closed solidly higher for the fourth straight day as investors ignored the International Monetary Fund's lowered growth forecasts for the US and global economies. The Dow Jones Indus..
Toll road owner Transurban says it recorded solid traffic growth on its Sydney and Melbourne assets during the June quarter. The company says its revenue for the quarter was up 6.8 per cent to $207..
Australian shares shot up in what market watchers hope is a sign investors are over their jitters caused by the US flagging a cut to its stimulus program. The market rose about 1.5 per cent, and ha..
Global miner Rio Tinto has started shipping copper concentrate from its Oyu Tolgoi gold and copper mine in Mongolia. Rio Tinto said it had brought the mine into production as the outlook for copper..
Industrial real estate investment trust Goodman Group has raised $775 million of new equity through its European operations. The latest equity raising completed a process which attracted total dema..
Shares in Australia's Alumina have posted strong gains despite its giant aluminium producing partner Alcoa posting a large quarterly loss. Alumina shares added three cents, or three per cent, to $1..
Strong demand for lightweight aluminium in cars and aeroplanes is helping Alcoa Inc cope with lingering weak metal prices. The US-headquartered company reported a second-quarter loss of $US119 mill..
Telstra plans to shift 170 jobs in its fast-growing cloud services division to India and cut a further 90 contract roles, saying the cuts are a strategic move in growing its business in Asia. The t..
The Australian economy is stuck in a rut, with business conditions tumbling to their lowest level in four years despite low interest rates and a falling Australian dollar. Business conditions in Ju..
US stocks have ended higher as investors look forward to the kickoff of earnings season. The Dow Jones Industrial Average rose 88.85 (0.59 per cent) to 15,224.69. The broad-based S&P 500 inc..
Australian shares have finished lower as weaker commodities prices and the prospect of higher unemployment weighed on investors. RBS Morgans client adviser Bill Chatterton said the big miners and b..
Job advertisements have declined for a fourth consecutive month, with Western Australia the hardest hit as the mining boom slows down. The number of job ads posted on the internet and published in ..
The board of mortgage business RHG - formerly RAMS Home Loans - has recommended its shareholders accept a $145.3 million takeover deal. The RHG board unanimously recommended shareholders accept the..
Virgin Australia is back in the budget travel business after inking its 60 per cent stake in the newly-rebranded Tigerair Australia. The partial takeover comes after the move, announced in October ..
The corporate watchdog will monitor briefings between analysts and company officials in the wake of the Newcrest Mining disclosure scandal. The Australian Securities and Investments Commission (ASI..
Atlas Iron will start work on a new Pilbara iron ore mine after the company's board approved the $146 million project. The company on Monday said it would immediately start development of its Mt We..
Stocks to watch on the Australian stock exchange on Monday, July 8 CWN - CROWN - up 39 cents, or 3.2 per cent, at $12.60 EGP - ECHO ENTERTAINMENT - down 15 cents, or 5.2 per cent, at $2.76 Sh..
