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Banks and other stocks with strong investment returns boosted Milton Corporation first half profit by 19.3 per cent to $54.6 million. The listed investment company's profit jump was driven by a 25-..
Laos-focused miner PanAust expects higher copper output this year but production costs should rise as it upgrades the processing plant at its flagship Phu Kham mine. Brisbane-headquartered PanAust ..
Australia's biggest gold producer Newcrest Mining has reported a 20 per cent drop in quarterly gold production compared with the prior corresponding December quarter. The company blamed a ground sl..
Consumer and industrial products supplier GUD Holdings says trading conditions are expected to remain tough in the second half of the financial year in the wake of a fall in profits in the first half...
Prime Minister Julia Gillard has promised to do all she can to support sacked Toyota workers and vowed not to desert Australian industries as they are squeezed by the high Aussie dollar and weak marke..
Atlas Iron has cut its production targets for its financial year and predicted a weak start to its second half. The Pilbara-focused miner blamed the effect of Cyclone Heidi for reducing its forecas..
Stocks to watch on the Australian stock exchange early on Tuesday: AMH - AMCIL LTD - up one cent at 68 cents A loss on income from its trading portfolio dragged down investment firm AMCIL's firs..
A roundup of trading on major world markets: NEW YORK - US stocks were largely flat overnight, closing mixed on concerns about talks in Greece aimed at reaching a deal with private creditors to low..
The Australian share market closed weaker as investors awaited an outcome to Greek debt restructure plans, with eurozone finance ministers scheduled to meet later on Monday. The benchmark S&P/A..
The multi-billion-dollar Australia-Pacific liquefied natural gas (APLNG) expansion project is nearing a decision to proceed. This follows China's state-owned Sinopec signing up for more gas and a h..
It is looking like a good year for Australian beef production and exports despite Indonesia's dwindling interest in our live animals, because other markets will pick up the slack. Industry body Mea..
Record production in the December quarter has helped Mirabela Nickel meet its 2011 targets, and the company expects higher production in 2012. The operator of the Santa Rita project in Brazil produ..
Treasurer Wayne Swan would welcome new foreign lenders to the Australian loans market, saying more competition would mean better deals for borrowers. Responding to reports Japanese banks are consid..
A smaller than expected rise in producer prices is expected to set the tone for the release of a benign set of inflation data later this week. The producer price index (PPI) at the final stage of p..
A Chinese nuclear company has moved a step closer to bidding for Australian uranium explorer Extract Resources but the target says it is still seeking alternative suitors. State-owned China Guangdo..
Australian bond future prices have fallen to a six-week low following on from a strong week on equity markets. JP Morgan interest rate strategist Sally Auld said bond future prices opened lower fol..
A roundup of trading on major world markets: NEW YORK - Microsoft and IBM drove US stocks up on Friday after the tech giants reported stronger earnings than analysts had expected. The Dow Jones ..
Stocks to watch on the Australian stock exchange early on Monday: AKI - AFRICAN IRON LTD - steady at 56 cents African Iron's board recommends its shareholders accept Exxaro's takeover offer. ..
Junior iron ore producer BC Iron is hunting for acquisitions and has achieved positive quarterly cashflow for the first time after beating its production guidance. Shares in BC Iron finished up two..
Economists believe the rate of inflation in Australia is continuing to slow although it maybe the cooling world economy that will play a greater role in cutting interest rates. The falling inflatio..
The head of Wesfarmers' insurance arm has defended the local industry in the face of premium rises of as much as 15 per cent for home insurance. Wesfarmers Insurance managing director Robert Scott ..
Fashionistas are saving Australia's economy. A flurry of spending in clothing stores in December 2011 was, in part, responsible for the modest recovery in spending for the month, according to the C..
First-home buyers in NSW rushing to beat changes to the stamp duty concession have sent national borrowing activity soaring to record levels, analysts say. The number of first-home buyers entering ..
Rental vacancies in Sydney have increased for the first time in three months but tenants in Newcastle haven't been so lucky. Vacancies for the Sydney metropolitan area jumped by 0.2 percentage poin..
The US economy is off to a fast start in 2012. The outlook for hiring is improving now that unemployment benefit applications are near a four-year low. Inflation is tame, business travel is rising ..
