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The Australian share market staged a late rally to close firmly in the black after a similar surge on Wall Street and higher commodities prices overnight boosted resources and financial stocks.The ben..
Soft drink maker Coca-Cola Amatil (CCA) has a high expectation of acquiring the spirits, ready-to-drink mixed spirits and non-alcoholic brands of brewer Foster's Group.In September, the Foster's board..
Retail spending rose 0.6 per cent in August, according to official figures.Retail trade rose in the month to a seasonally adjusted $20.813 billion, compared to an upwardly revised $20.679 billion in J..
Activity in the Australian services sector expanded in September for the second consecutive month, with some sub-sectors helped by the mining boom, a private survey shows.The Australian Industry Group..
Engineering firm Coffey International says it will issue about $40 million in new shares to pay down debt.The company announced a fully underwritten capital raising on Wednesday to "substantially stre..
Developer Stockland says it has changed the way it will pay its executive committee in relation to short term incentives. The changes are part of a company review of its remuneration policies, whic..
Stocks to watch on the Australian stock exchange on Wednesday:CEU - CONNECTEAST GROUP - steady at 54.5 centsHorizon Roads' $2.17 billion take-over of toll road owner ConnectEast will proceed after the..
A roundup of trading on major world markets: NEW YORK - US stocks bounced back after dramatic see-saw session Tuesday following a report that EU ministers were looking at possible plans to aid weak..
The ASX Group is examining ways to improve disclosure of reserves and resources by listed mining, oil and gas companies.The group, which operates the Australian Securities Exchange, on Wednesday relea..
Cashed-up thermal coal miner New Hope Corporation has invited formal takeover bids after receiving several preliminary offers, with one analyst tipping Xstrata as a potential suitor.New Hope on Wednes..
The Australian share market closed 0.6 per cent lower, with investors starting to hope that the central bank would cut interest rates for the first time in a year next month.The local bourse opened al..
The central bank has decided to keep the cash rate unchanged this month and has opened the door for possible future cuts.The decision was expected, with all 15 economists surveyed last week by AAP pre..
Horizon Roads' $2.17 billion take-over of toll road owner ConnectEast will proceed after the deal received legal approval. The Supreme Court of Victoria on Tuesday provided advice that ConnectEast ..
Australia's trade surplus widened in August, the Australian Bureau of Statistics (ABS) said. The balance on goods and services was a surplus of $3.100 billion in August, seasonally adjusted, compar..
Australian residential building approvals rose 11.4 per cent to 13,800 units in August, seasonally adjusted.This compares to an upwardly revised 12,384 units in July.In the year to August, building ap..
Engineering and infrastructure services firm Downer EDI has been awarded a $142 million contract to carry out electrical work on a resource project in Western Australia's Pilbara region. "This win ..
A roundup of trading on major world markets: NEW YORK - Wall Street suffered another slump on Monday as concerns about the economy, contagion from the European debt crisis and rumours of an America..
Stocks to watch on the Australian stock exchange early on Tuesday:ABY - ABITYA BIRLA MINERALS LTD - down 6.5 cents, or 7.47 per cent, at 80.5 centsCopper miner Aditya Birla has been fined by a Queensl..
Sundance Resources chairman George Jones will throw his efforts into saving the troubled Oakajee port development in Western Australia now that the iron ore explorer is set to be taken over by China's..
China's Hanlong Mining has pledged to keep investing in Australian miners after it gained acceptance from Sundance Resources for an improved $1.65 billion takeover offer.Sundance shares closed up 2.5 ..
