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Sundance accepts lower takeover bid

Iron ore hopeful Sundance Resources has accepted a reduced $1.37 billion takeover bid from China's Hanlong Mining

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Billabong to shut stores after posting $275.6 million loss

Troubled retailer Billabong will close stores and expand its online presence as it tries to turnaround its $275.6 million loss.

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Corporate watchdog to appeal AWB fine

The corporate watchdog will appeal against the $10,000 fine recently handed to a former AWB executive, saying it was too lenient.

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Atlas Iron’s posts a loss after mine purchases

Pilbara iron ore miner Atlas Iron's full year profit has fallen because of asset sales, lower commodity prices and the high Australian dollar.

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Mining investment expected to peak in 2014, report finds

The mining investment boom will peak in 2014 but the non-resources sector will drive growth after that, a report from BIS Shrapnel has found.

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Talk of US stimulus spurs Wall Street

US stocks have risen on the speculation of fresh stimulus measures by the US and bond buying by the European Central Bank.

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