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Australian miner Lynas has gone into its fourth trading halt in five weeks as Malaysian government ministers ordered it to export waste from its local rare earths plant. Lynas began processing rare..
Sydney's skyline is getting a facelift, with a Lend Lease-led group winning contracts to build a new hotel and revamped convention centre at Darling Harbour worth a combined $2.5 billion. The contr..
Australian firms are heading into Christmas on a pessimistic note, with business confidence slumping to its lowest point since the global financial crisis. And with little relief in sight, the Rese..
Engineering firm Downer EDI's earnings will be hit by the company's settlement of a legal dispute over a tunnel contract in Singapore. Downer will pay $S50 million ($40 million) to Singapore compan..
Transfield Services has won several new contracts worth $140 million, including work on two major energy projects. Transfield will provide maintenance at Woodside's offshore oil and gas facilities ..
Stocks to watch on the Australian stock exchange on Tuesday December 11 AGO - ATLAS IRON - up nine cents or 6.9 per cent to $1.39 Iron ore miner Atlas Iron says it has completed a $US275 million..
US stocks ended slightly higher on Monday amid hopes that a political deal over the looming fiscal cliff was in the works. Markets showed little effect from the fresh turmoil in the eurozone, after..
The Australian stock market has closed marginally higher as upbeat Chinese data helped lift resource stocks and sustain the momentum of the market. At close on Monday, the benchmark S&P/ASX200 ..
Mining contractor Macmahon Holdings is poised for a capital raising as it battles to reverse a drop in earnings and tries to cut costs. Macmahon's shares were placed in a trading halt on Monday, wi..
BC Iron will almost double its iron ore output after increasing its stake in the Nullagine joint venture in a $190 million deal. BC Iron, which operates an iron ore joint venture in Western Austral..
Investors have given Ten Network Holdings's latest capital raising a thumbs-down amid doubts about the struggling broadcaster's ability to reverse its flagging fortunes. Ten shares shed about a qua..
Woodside Petroleum has reached another joint venture agreement to expand its exploration interests in Myanmar (Burma). Myanmar-based MPRL E&P Pte Ltd has accepted Woodside's offer to buy into a..
Weaker-than-expected housing loan figures suggest the Reserve Bank of Australia may need to cut the cash rate further in 2013. Housing finance commitments rose just 0.1 per cent in October, figures..
Fund manager Perpetual has named a leader of its restructuring program as its new chief financial officer. Gillian Larkins will replace outgoing CFO Roger Burrows on January 7. She joined Perpet..
Stocks to watch on the Australian stock exchange on Monday December 10 MYR - MYER HOLDINGS LTD - down one cent at $2.16 Myer's chairman Paul McClintock is confident the federal government will a..
Warehouse Group, the country's biggest listed retailer, is buying consumer electronics and appliance chain Noel Leeming Group for $65 million from Gresham Private Equity. The acquisition will be co..
A surprise slide in the US unemployment rate to 7.7 per cent for November gave markets an initial boost on Friday, but share ended the session mixed. The Dow Jones Industrial Average rose 81.09 poi..
Myer's chairman Paul McClintock is confident the federal government will agree to demands by local retailers and force offshore online stores to pay GST on low-priced goods next year. Mr McClintock..
Washington H Soul Pattinson chairman Robert Millner has defended the investment firm's review of its cross-shareholding with Brickworks. This was after major institutional shareholder and fund mana..
The Australian market closed at a seven-week high, with across-the-board gains aided by strong overseas leads. The benchmark S&P/ASX200 index on Friday was up 42.5 points, or 0.94 per cent, at ..
Mining services and media outlets are slipping down the ASX top 200 companies list, with digital sales and travel businesses replacing them. December's changes to the S&P/ASX 200 were announced..
Mining billionaire Gina Rinehart is believed to have given her last-minute support to the troubled Ten Network's $230 million capital raising. Media reports on Friday indicated Mrs Rinehart, who ho..
Lower commodity prices and the high value of the Australian dollar have seen Australia post its biggest trade deficit since 2008. The trade deficit widened to $2.088 billion in October seasonally a..
ANZ is the first Australian bank to be granted approval to open an office in Myanmar (Burma). ANZ expects to open an office in Yangon in early 2013, expanding its presence in what it terms the grea..
Greece's unemployment rate rose to a new record of 26 per cent in September, underscoring the economic plight in the country as it heads toward a sixth year of recession. The Greek Statistical Auth..
