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Telstra Corporation is expected to report a double-digit increase in first half profit as the telco grows market share, particularly in mobile, and keeps costs in check. Market expectations were fo..
Chief executive Chris Ryan is the latest departure from wealth manager Perpetual, after clashing with its board over strategy. The matter came to a head at the weekend, when the board "agreed to di..
Shoppers are failing to spend despite successive interest rate cuts, official data shows. However, economists say the plight of retailers will be low on the central bank's agenda when it meets on T..
The major private partner in the troubled Reliance Rail project has welcomed a restructure of the group's financing. The NSW government has agreed to invest $175 million in 2018 in return for 100 p..
A roundup of trading on major world markets: NEW YORK - A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job g..
Stocks to watch on the Australian stock exchange on Monday, February 6 AUN - AUSTAR UNITED COMMUNICATIONS LTD - up 1.5 cents at $1.175 TLS - TELSTRA CORPORATION - down two cents at $3.34 CMJ ..
The Reserve Bank of Australia (RBA) is expected cut its interest rate for a third consecutive meeting as inflation eases, local employment growth slows and fears over a European recession grows. Th..
Chinese state-owned Beijing Guoli Energy Investment is to take a $20 million stake in Queensland-based Cuesta Coal ahead of its listing this year. The Queensland coal hopeful has a portfolio of 33 ..
A review of the week's Australian economic data, January 30 to February 3: ***** NATIONAL AUSTRALIA BANK MONTHLY BUSINESS SURVEY Australian business confidence increased in December, despite ..
Skilled labour in the residential building industry remained in moderate surplus for the last three months of 2011, in a soft building market, according to an industry study. The Housing Industry A..
Regional pay TV provider Austar will seek court approval to postpone a shareholder vote on Foxtel's proposed take-over because the competition watchdog is yet to approve the deal. Austar shareholde..
Activity in the Australian services sector has expanded for the first time in four months, a private survey shows. The Australian Industry Group/Commonwealth Bank Australian Performance of Services..
Gold rose to a two-month high on Thursday on a larger-than-expected fall in new US claims for unemployment benefits, but analysts said bullion could pull back if Friday's US jobs report disappoints. ..
US stocks have ended the session mixed after weekly jobless claims fell, but Federal Reserve chief Ben Bernanke told congress the jobs market had a long road to recovery. The Dow Jones Industrial A..
Stocks to watch on the Australian stock exchange early on Friday: BHP - BHP BILLITON LTD - up 71 cents at $37.62 BHP Billiton has committed $US779 million ($A735.98 million) to a port project th..
The Australian share market snapped its three-day losing streak to finish strongly on the back of resurgent mining stocks. Local mining stocks soared after commodities prices rose overnight on the ..
Westpac Banking Corporation is poised to axe more than 400 jobs and send up to 150 more offshore in the latest round of job cuts at the big banks. Australia's second biggest bank on Thursday briefe..
The Australian dollar has risen to a new three-month high after the release of very strong export data for December. At 1200 AEDT on Thursday, the local unit was trading at 107.48 US cents, up from..
Economists expect Australia's housing sector to remain soft for a while longer after new data showed building approvals continue to decline. Data released by the Australian Bureau of Statistics (AB..
Rare earths miner Lynas says it has a responsibility to the Malaysian community to operate a newly-approved plant in a safe manner. Malaysia's Atomic Energy Licensing Board has granted a temporary ..
US stocks have scored gains after manufacturing data showed growth and the market buzzed with speculation that Facebook would soon announce its market debut. The Dow Jones Industrial Average on Wed..
Greece and the IMF say negotiations for landmark debt deals will be concluded in a "matter of days", raising hopes that the country will dodge a disastrous default. Greece is in talks with private ..
Stocks to watch on the Australian stock exchange early on Thursday: BLD - BORAL LTD - down six cents at $3.99 Building materials maker Boral has sold its Indonesian business for $US135 million (..
Global mining giant BHP Billiton says it has agreed to sell its stake in South African mineral sands venture Richards Bay Minerals to partner Rio Tinto, signalling its exit from titanium. "BHP Bill..
Australian shares ended lower for the third straight day as brokers took profits ahead of the reporting season and after one of the best monthly starts to the calendar year in around 40 years. At t..
