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The European Central Bank has left its key interest rate unchanged at a record low of one per cent, holding off on further measures to boost the shaky economy in the 17 countries that use the euro. ..
Base metals have closed mostly higher on the London Metal Exchange as hopes for a successful Greek debt-swap deal continues to support prices, although initial gains were pared somewhat following caut..
The US stock market has posted substantial gains as Greece closes in on a deal to restructure its debt and avoid a default. This has overshadowed a small increase in unemployment claims last week. ..
Stocks to watch on the Australian stock exchange early on Friday: JHX - JAMES HARDIE INDUSTRIES SE - up 16 cents at $7.31 James Hardie says it has received an Australian Taxation Office (ATO) re..
Etihad Airways chief executive James Hogan says he is yet to start any discussions with alliance partner Virgin Australia about buying an equity stake in the airline. Expectations Etihad would buy ..
The full bench of the Federal Court has upheld an earlier ruling that found some of Optus's advertisements on internet broadband packages misleading but reduced the fine the telco must pay. The fin..
The Australian share market closed stronger after three consecutive days of losses on views that there is a reduced likelihood of a Greek debt default and solid US private sector job numbers. Inves..
The world's biggest non-government coalminer Peabody Energy has announced a major restructure, including appointing a new head of its Australian operations. The US-based company announced that its ..
A rise in Australia's unemployment rate proves the country's jobs market remains weak and adds to the case for further interest rate cuts this year, economists say. Data released by the Australian ..
The prospect of interest rate rises and economic uncertainty is scaring potential home buyers away from the housing market. Industry-owned real estate portal realestateVIEW.com.au surveyed 1,475 co..
Copper miner Sandfire Resources says it is on track to commence exports from its DeGrussa project in Western Australia next quarter. The company last month began mining its open pit for direct ship..
US-based medical device developer Osprey Medical Inc. is seeking to raise $20 million through an initial public offer (IPO) of securities and list on the Australian Securities Exchange. Osprey has ..
US stocks rebounded on Wednesday after Tuesday's rout, with investors encouraged by US jobs data and signs that Greece was likely to make Thursday's deadline to seal a crucial debt write-off deal. ..
Stocks to watch on the Australian stock exchange early on Thursday: AMC - AMCOR LTD - up 10 cents at $6.90 Packaging maker Amcor will expand its flexible packaging business with the $238 million..
A significant shareholder in mining giants BHP Billiton and Rio Tinto has backed the federal government's stand on the minerals resources rent tax for its potential benefit to the wider economy. Fi..
The Australian share market finished firmly lower after battling headwinds on all fronts, with negative offshore leads, concerns about Greece's debt woes and disappointing Australian gross domestic pr..
The economy posted unexpectedly slow growth in the December quarter, but provided some good news on labour productivity. The economy's output of goods and services, measured by gross domestic produ..
Australian bond futures have fallen after concerns about Greece's debt swap deal and a European recession drove global stock markets and risk currencies lower. Westpac senior market strategist Dami..
Decisions by the major banks to raise interest rates independently of the official cash rate does not suggest an undermining of monetary policy, according to a central bank representative. Speaking..
A lower-than-expected growth reading for the Australian economy in the last three months of 2011 is not surprising, given recent data, economists say. Australian gross domestic product (GDP) rose b..
Stocks to watch on the Australian stock exchange at noon on Wednesday: AMC - AMCOR LTD - up 14 cents, or 2.05 per cent, at $6.94 Packaging maker Amcor will expand its flexible packaging business..
Monetary policy has a key role to play in the evolution of the Australian economy as it responds to structural change, the Reserve Bank of Australia (RBA) says. Addressing an economic forum in Sydn..
The Australian dollar has tumbled almost one US cent to its lowest level in six weeks on fears of a euro zone recession and nervousness about Greece's debt-swap deal. At 0630 AEDT, the Australian d..
A roundup of trading on major world markets: NEW YORK - US stocks opened sharply lower amid growth concerns as data confirmed that the euro zone appears headed into recession. The Dow Jones Indu..
Monetary policy has a key role to play in the evolution of the Australian economy, as it responds to structural change, the Reserve Bank of Australia (RBA) says. Addressing an economic forum in Syd..
