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US stocks mostly have bounced back slightly after a six-day losing streak, amid hopes that Greece's moderate socialists might be able to form a government and avoid a new eurozone debt crisis. But ..
The Australian share market has closed higher, boosted by a better-than-expected unemployment rate and expectations that another cut to interest rates will be forthcoming despite the stronger jobs fig..
The labour market has defied expectations with unemployment falling to its lowest level in a year. The surprise drop prompted economists to suggest that the unemployment rate may have peaked for th..
Optus has managed to lift its annual net profit by 1.5 per cent to $787 million despite intense competition from its rivals and regulatory changes. The result for the year to March 31 was unveiled ..
Fuel supplier and distributor Caltex Australia says an ongoing review of the future of its loss-making refineries is focusing on the Kurnell refinery in Sydney. Caltex says its refineries are relat..
Mining giant Rio Tinto has flagged cutting some of its multi-billion dollar Australian expansion projects amid soaring costs. The company's chief executive Tom Albanese said at the company's annual..
A soft advertising market means things will remain tough for Rupert Murdoch's Australian and UK newspapers in the final three months of 2011/12. The media mogul's News Corporation on Thursday repor..
National Australia Bank's six month profit is up to a record $2.83 billion as it beats its rivals on customer growth thanks to a low interest rate strategy. But doubts remain on whether its guarant..
Optus says it will appeal a Federal Court ruling that effectively ended its TV Now service for its mobile phone customers. The telco on Thursday said it would appeal to the High Court to overturn t..
Stocks to watch on the Australian stock exchange on Thursday May 10 BSL - BLUESCOPE STEEL LTD - down 1.5 cent at 37 cents International steel manufacturer BlueScope Steel has completed a tender ..
The Australian share market has closed lower over the uncertain future of austerity measures aimed at stabilising some debt-ridden countries in the euro zone, especially Greece. Investors are worri..
Australia's jobs market is likely to have weakened in April, partly reversing a sharp rise in employment in March, economists' say. AAP's survey of 15 economists on Wednesday revealed a median fore..
Optus added 80,000 customers in the three months to the end of March, taking its total to nearly 9.5 million. Australia's second largest telco had 9.49 million customers at March 31, up from 9.41 m..
Upmarket department stores David Jones has announced the appointment of seven executive roles and the loss of a number of senior positions in a management restructure. David Jones chief executive o..
Downer EDI has told investors its troubled Waratah Train project is back on track and will be delivered within cost and program. The train manufacturer and engineering firm has run into financial w..
The superannuation industry body has decried the lack of a plan for securing the retirement future of Australia's baby boomers in the federal budget. Chief executive officer of the Association of S..
Returning the federal budget to surplus will put downward pressure on the Australian dollar and could lead to lower interest rates, economists say. Treasurer Wayne Swan on Tuesday night handed down..
Stocks to watch on the Australian stock exchange early on Wednesday: BHP - BHP BILLITON - up 11 cents at $34.68 BHP Billiton has appointed Ian Maxwell as President Energy Coal following Jimmy Wi..
US companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring. The Labor Department says e..
Turmoil in the eurozone and a clutch of disappointing earnings reports have sent US markets tumbling. The Dow Jones Industrial Average gave up almost 200 points at one point during the session, but..
The Australian share market has closed slightly higher, in the wake of better than expected trading on United States and European markets. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 inde..
Mineral sands miner Iluka says it will cut its annual production of zircon in 2012 because the global economic outlook remains unclear. Iluka said on Tuesday that sales volumes of zircon in April h..
Leighton Holdings insists that its portfolio of projects is performing well despite its two big ticket developments costing the construction giant $254 million in pre-tax earnings. Chief executive ..
Oil Search says 2012 will be a potentially transformational year for the company, presenting an unprecedented opportunity to grow the value of its assets. Port Moresby-based Oil Search said in a pr..
Australia's trade deficit has extended into its third straight month, but economists say a return to surplus is likely as coal exports recover from the impact of bad weather over the summer months. ..
