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Aussie stocks close higher on support for defensive stocks

The Australian stock market has closed up 0.1 per cent, with property, healthcare, telecoms and consumer staples among the best-performing sectors.

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Echo is relaxed about Packer’s rival casino plan

Echo Entertainment's chairman is downplaying the potential competition threat posed by James Packer's plan for a second casino in Sydney.

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Newcrest defends its PNG operations

Newcrest says the future of its PNG Lihir mine is bright despite a year marred by operational shutdowns.

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Strikes dent Hyundai Motor’s profit in the third quarter

South Korea's largest car maker says net profit fell 15 per cent from the April-June quarter to 2.16 trillion won ($A1.9 billion).

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Whitehaven shuts NSW coal mine due to weak prices

Whitehaven Coal has closed its Sunnyside mine indefinitely due to weak prices.

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ANZ posts record profit but warns more pain on the way

ANZ boss Mike Smith has warned of tough economic times ahead despite reporting another record profit for the bank of $5.7 billion.

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