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Crude oil prices have fallen on concerns about tepid economic growth in the United States and mounting tensions between China and Japan.
The Australian share market closed lower as investors pull the reins after a recent strong run upwards.
Property giant Mirvac and mining magnate Nathan Tinkler will have a two-day hearing over a failed property deal in NSW Supreme Court next month.
The chairman of building products company Mark Luby says the board will continue to keep its options open in relation to DuluxGroup's takeover offer.
Internet service provider TPG's full year profit has risen by 16 per cent as it continued to post strong growth in customer numbers.
Leighton's Middle East associate Habtoor Leighton and local construction subsidiary Thiess have won new contracts worth a total of $437 million.
