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The Australian share market has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. OptionsXpress market analyst Ben Le Brun said the local bourse h..
The nation's second-largest energy retailer AGL Energy has blamed intense competition and weak demand for a reduction in expected profit. AGL Energy said on Thursday it expected full year net profi..
The world's biggest fund managers remain positive about the global equities market, but have tempered their enthusiasm, while showing greater interest in Asian bonds, new research shows. The latest..
The Australian dollar has enjoyed a huge surge on the back of booming mining and resources export prices but that is unlikely to happen again, a leading economist says. AMP chief economist Shane Ol..
Looking through the volatility in the data, the picture of a building sector at a low ebb even after a series of interest rate cuts is clear. The number of approvals to build new homes fell by 5.5 ..
Struggling telco Vodafone Hutchison Australia (VHA) is improving its performance but will still report a loss in 2013, says part-owner Hutchison Telecommunications Australia (HTA).HTA and Vodafone eac..
Ports and rail operator Asciano has surprised the market by slashing about $250 million in spending and rushing in job cuts in a worrying sign for the Australian economy.Planned spending on its Pacifi..
Technology giant Apple has confirmed it sold $US17 billion ($A16.47 billion) in bonds in the biggest corporate debt issue ever. The bond sale, described in documents filed with the Securities and E..
US-based suitor Archer Daniels Midland (ADM) has completed the due diligence process for its proposed $3 billion-plus takeover of Australian grains marketer GrainCorp.ADM was now "required to make a t..
US stocks have rallied after an expected European Central Bank interest rate cut and a strong report on US jobless claims.Five minutes into trade on Thursday, the Dow Jones Industrial Average gained 4..
The Australian stock market has closed lower, with weakness among the major miners helping snap a two-day rally. Weaker commodities prices in offshore trade, as well as some disappointing Chinese m..
Qantas has pulled back the number of seats in the domestic market for a second consecutive month. The Flying Kangaroo reduced domestic capacity by 0.4 per cent in March and reported a drop in load ..
Virgin Australia has pushed back the completion of its takeover of Tiger Airways Australia until July.Virgin said it had extended the date to conclude the 60 per cent purchase of Tiger Australia from ..
Australia's biggest telco, Telstra, has maintained its full-year earnings guidance and is aiming to lift dividends over time.Telstra said on Wednesday that it expects to pay fully franked dividends to..
Habtoor Leighton Group has signed a $65 million deal to construct accommodation and utilities on two artificial islands near Abu Dhabi in the United Arab Emirates.The construction is part of the Satah..
Greater activity on the share market in the March quarter has helped lift the profit of stock exchange operator ASX Ltd by nearly two per cent in the first nine months of the financial year.In an earn..
The Wall Street Journal remains the top-selling US daily newspaper, but The New York Times has surpassed USA Today for second, thanks to an expansion into digital subscriptions, new figures show.The J..
The slowdown in Australia's manufacturing industry worsened in April, with activity in the sector contracting at the fastest rate in four years.The Australian Industry Group (Ai Group) Performance of ..
US stocks have risen amid solid data on housing and consumer confidence and as reports of a $US17 billion ($A16.51 billion) Apple bond sale cheered investors.The Dow Jones Industrial Average rose 21.0..
