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Oz Minerals shares have rallied more than 15 per cent as the company forecast a boost in copper and gold production after a disappointing 2013. Australia's third largest copper producer also flagge..
Australian shares have bounced back from Tuesday's losses, thanks to a positive lead from Wall Street. The market is more than three-quarters of a per cent higher, which partly offsets the previous..
US stocks have closed solidly higher, buoyed by a better-than-expected report on December retail sales covering the holiday shopping season. The Dow Jones Industrial Average climbed 115.92 points (..
Australia's largest gold miner Newcrest has extended its debt facility by more than $200 million as it faces a class action from shareholders over its massive financial writedown. Newcrest Mining s..
The Australian share market closed more than one per cent lower after a top US central bank official raised the prospect of ongoing reductions in the US's economic stimulus program. Federal Reserve..
Shares in gold miner Regis Resources have fallen more than five per cent after the company missed its quarterly production targets and flagged lower recovery rates at its Garden Well operation. Reg..
Australian stocks have opened in the red following a selloff on Wall Street overnight. The local market is around half a per cent lower, which is better than futures markets had anticipated followi..
Mining giant Rio Tinto has paid more than $1.31 billion for 510 million Turquoise Hill shares under a rights issue, clearing the slate as it develops the Oyu Tolgoi mine in Mongolia. Rio said the $..
Australia's jobless rate is tipped to remain steady in December, amid expectations the housing market recovery will create jobs. Unemployment is forecast to remain at 5.8 per cent when labour force..
Property group GPT Group will not increase its offer for the Commonwealth Property Office Fund (CPA) nor extend the offer period. GPT's offer of 0.141 GPT securities and 75.32 cents in cash for eac..
Forge Group's shareholders have been punished after the company announced another profit writedown, bringing the total in less than two months to up to $155 million. The latest problems for the Per..
The Australian market looks set to open lower following the lead of Wall Street which has fallen more than three-quarters of a per cent. At 0645 AEDT on Tuesday, the March share price index futures..
US stocks have tumbled ahead of a raft of corporate reports as earnings season gets into full swing this week. The Dow Jones Industrial Average shed 179.11 points (1.09 per cent) on Monday at 16,25..
The Australian share market has closed lower following the release of disappointing US jobs figures. CommSec market analyst Steven Daghlian said it was the sixth session in seven trading sessions t..
The number of job ads fell in December for the third straight month, but the pace of deterioration in the labour market is moderating. Internet and newspaper advertisements at the end of last year ..
Rising home loan approvals are another sign that the housing recovery is in full swing, meaning another cash rate cut is unlikely. The number of home loans approved in November was up 1.1 per cent ..
Leighton subsidiary Thiess has won a $135 million contract from Western Desert Resources to lead the mining operations at the Roper Bar iron ore mine in the Northern Territory. The contract starts ..
The Australian share market is trading slightly lower after disappointing US jobs figure. Lonsec senior client adviser Michael Hefferan said the most recent US employment figures may have fallen sh..
Stocks to watch on the Australian stock exchange at noon on Monday: AIO - ASCIANO - up 1.5 cents, or 0.27 per cent, at $5.635 WHC - WHITEHAVEN COAL - down 4.00 cents, or 2.16 per cent, at $1.815..
Freight rail operator Asciano has entered into a 12-year haulage agreement with Whitehaven Coal that will reduce costs. The company's Pacific National Coal division's agreement with Whitehaven come..
Telstra has sold off its shrinking directories business Sensis as it builds up a multi-billion-dollar stockpile of cash to fund investment and, possibly, higher returns for shareholders. The telco ..
The Australian market looks set to open flat after Wall Street closed mostly higher following a surprisingly weak US jobs report. At 0645 AEDT on Monday, the March share price index futures contrac..
The Australian dollar has rallied one US cent following weaker-than-expected US jobs data. At 0700 AEDT on Monday, the Australian dollar was trading at 90.03 US cents, up from 89.03 cents on Friday..
US stocks have recovered from losses to end mostly higher after a surprisingly weak US jobs report. The Dow Jones Industrial Average slipped 7.71 points (0.05 per cent) to 16,437.05 by Friday's clo..
US stocks have opened higher after the much-watched December US employment report showed the economy added less than half the expected number of jobs. Five minutes into trade, the Dow Jones Industr..
