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Insurance Australia Group (IAG) has received the competition watchdog's approval for its $1.85 billion purchase of Wesfarmers' insurance underwriting operations. The Australian Competition and Cons..
Freeing up restriction on trade in China's currency will be difficult but the benefits will be substantial, a Reserve Bank of Australia official says. China's currency, the renminbi, also known as ..
Agricultural chemicals and seeds supplier Nufarm has more than doubled its first-half profit, thanks to strong growth from its South American business and tax credits. Nufarm made a net profit of $..
US stocks have finished higher as biotechnology companies and other high-tech equities steadied following a two-day skid. The Dow Jones Industrial Average gained 91.19 points (0.56 per cent) to 16,..
An investment fund is taking issue with Coca-Cola's pay proposal for management, saying it represents a "raw deal" for shareholders in light of the beverage maker's slowing growth. In a letter to C..
The share market has closed lower as gold stocks came under pressure because of a significant fall in the price of the precious metal. A rebound in iron ore-focused stocks on Tuesday offset some of..
Explosives, mining services and chemicals supplier Orica has secured 100 petajoules (PJ) of gas from Strike Energy. Orica said the additional gas will be supplied over 10 years from 2020. The co..
New Hope Corporation says it expects coal prices to remain low, as it reports its first half net profit has slumped 67 per cent to $22.7 million. The weaker result was blamed on lower thermal coal ..
Most Australian coal miners have been struggling for two years but New Hope has $1.1 billion in the bank and plans to capitalise by making acquisitions. The Queensland miner was up for sale itself ..
A second straight sell-off of popular technology shares has dragged US stocks lower, as tensions with Russia over Ukraine continue to keep investors on edge. The Dow Jones Industrial Average finish..
Internet provider TPG Telecom has lifted its half year profit by 15 per cent thanks to solid growth in broadband subscribers. TPG made a net profit of $90.1 million in the six months to January 31,..
Premier Retail boss Mark McInnes says international clothing giants heading down under will have trouble getting the right products for the Australian market. With the likes of H&M, Marks and S..
A second straight sell-off of popular technology shares has dragged US stocks lower, as tensions with Russia over Ukraine kept investors on edge. At the closing bell on Monday, the Dow Jones Indust..
Australian bond futures prices are marginally weaker despite more signs Chinese economic growth is slowing down. Chinese manufacturing activity contracted in March to its weakest rate in eight mont..
The share market has overcome early falls and weaker than expected Chinese economic data to post a small gain. The market opened in negative territory following losses on Wall Street on Friday, but..
Shares in Rupert Murdoch's film and television business 21st Century Fox are set to be removed from trading on the Australian market in May. The company, which was created in 2013 when News Corpora..
Santos says natural gas production at its Peluang gas project in Indonesia has begun ahead of schedule and on budget. Peluang, located offshore in East Java, is expected to hit a gross peak product..
Leighton's Middle East subsidiary will be involved in the construction of a $US1.7 billion ($A1.87 billion) highway project in Qatar. Habtoor Leighton Group (HLG), which is 45 per cent owned by Lei..
Miner Iluka Resources has denied any wrongdoing after it became the latest Australian company set to face a class action from disgruntled shareholders. A 24 per cent fall in Iluka's share price on ..
Investment bank Macquarie Group is set to post its largest profit in six years, as financial market conditions continue to improve. One week before its fiscal year ends on March 31, Macquarie said ..
Kathmandu's Australian operations are giving with one hand and taking with the other: sales are growing strongly, but a fall in the dollar is reining in the outdoor goods retailer's profit gains. N..
Cheap funds and signs of US economic strength after a lull kept Wall Street buyers cautiously in action this week, despite the Ukraine crisis and the Fed's interest rates misfire. Trade became more..
The Australian share market has risen on the back of encouraging US economic data. Investors set aside US Federal Reserve Chair Janet Yellen's talk of an earlier-than-expected interest rate hike an..
The share market has closed higher. At the close on Friday, the benchmark S&P/ASX200 index was up 44.1 points, or 0.83 per cent, at 5,338.1, while the broader All Ordinaries index rose 41.3 poi..
Shares in hearing implant maker Cochlear have jumped after US authorities approved the company's latest hearing aid. The US Food and Drug Administration (FDA) has approved the use of the first impl..
