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Retailers are continuing to struggle as Australian consumers funnel their money online and towards new cars, overseas holidays and restaurants. Australian retail spending slumped 0.1 per cent in No..
Sydney Airport will reach its full capacity 20 years earlier than management has predicted, with a new report indicating it will become constrained soon after 2025. In the report `Sydney versus the..
The number of job vacancies in Australia fell to a 30-month low in November, official statistics show. The total number of vacancies in November 2012 was 166,800, seasonally adjusted, down 6.9 per ..
A surprise fall in retail sales in November due to a drop in spending on discretionary items does not necessarily mean an interest rate cut in February, economists say. Australian retail spending f..
New home sales have risen for a second straight month as buyers headed into the property market on the back of lower interest rates and state government assistance, a report says. The Housing Indus..
Alcoa Inc says fourth-quarter earnings have met Wall Street's expectations, and it sees slightly higher demand for aluminum this year. The company said on Tuesday that net income was $US242 million..
US stocks have fallen for a second day as the fourth-quarter earnings season opens and as confidence slips after big gains. At Tuesday's close, the Dow Jones Industrial Average was down 55.44 point..
The Australian market has finished lower in line with overseas leads, as investors locked in profits on the busiest trading day of the year. At the close on Tuesday, the benchmark S&P/ASX200 in..
Chinese-owned Yancoal Australia has secured $US596 million ($A570.31 million) in funds from its parent company. Yancoal Australia has arranged a five year loan facility with Yanzhou Coal - China's ..
Former Ivanhoe executive David Woodhall has been appointed Fortescue Metals Group's director of operations. Mr Woodhall was formerly the president of Ivanhoe Mines gold division. Most recently h..
MacMahon Holdings denies it received an offer from an Indian-based firm to buy its construction business before entering into a sale agreement with its major shareholder Leighton Holdings. Sembawan..
Activity in Australia's construction industry has slowed for the 31st consecutive month, with the home and apartment sector remaining especially weak, a report says. The joint Australian Industry G..
Stocks to watch on the Australian stock exchange on Tuesday: LYC - LYNAS CORPORATION LTD - up nine cents, or 14.4 per cent, at 71.5 cents Rare earths miner Lynas expects to be producing finished..
US stocks have closed lower amid profit taking from last week's rally and caution on the eve of the start of corporate earnings season. The Dow Jones Industrial Average shed 50.92 points (0.38 per ..
US stocks have closed higher, with the S&P 500 hitting its highest level in five years, helped by a steady December jobs report and a surprise improvement in a key index for the service sector.The..
Australian stocks have closed weaker as declines among the major miners dragged the broader market lower and snapped a two-day rally.At 1615 AEDT on Friday, the benchmark S&P/ASX200 index was down..
Australian stocks have closed lower, ending a two-day rally.At 1615 AEDT on Friday, the benchmark S&P/ASX200 index was down 16.9 points, or 0.36 per cent, at 4,723.8 points, while the broader All ..
The Australian share market was 0.36 per cent lower at noon as traders locked in profits following weak leads from the US overnight.At 1230 AEDT on Friday, the benchmark S&P/ASX200 index was down ..
The Australian share market has opened lower, led by weakness in resources stocks and commodity prices.At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was down 14.2 points, or 0.3 per cent,..
The Australian share market has opened slightly lower, after US stocks and commodity prices fell overnight.At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was down 14.2 points, or 0.3 per c..
The Australian share market is expected to open lower on Friday, after rallying on Wednesday and Thursday on the back of the succesful US budget deal.At 0756 AEDT on the ASX 24, the June share price i..
US stocks have closed lower amid profit-taking after shares rose strongly for two straight sessions driven by congress's long-awaited deal to avert the economy-crunching fiscal cliff.Also weighing in ..
Australian stocks have closed at fresh 19-month highs after strong gains among the big miners and retail banks.At 1615 AEDT on Thursday, the benchmark S&P/ASX200 index was up 34.8 points, or 0.74 ..
The Australian share market has closed at fresh highs on the back of firmer commodities prices and positive sentiment from the US fiscal cliff deal.At 1615 AEDT on Thursday, the benchmark S&P/ASX2..
The Australian share market is continuing its upward trajectory, boosted by a strong rally on Wall Street after the breakthrough deal to avoid the fiscal cliff.At 1200 AEDT on Thursday, the benchmark ..
