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Mineral sands producer Iluka Resources' sales revenues in the December quarter were up 53 per cent, capping a year of strong growth in production and sales. Mineral sands, such as rutile, zircon an..
Australian bond futures have opened firmer after a record breaking US note auction overnight. During the offshore session, the US Treasury sold $US21 billion ($A20.42 billion) of 10-year notes at a..
As tough economic conditions left most retailers' coffers emptier than hoped, fashion chain Noni B has fared better. The company on Thursday announced it expected to lift its first-half profit by u..
The eurozone will tumble into a brief recession for two quarters at the end of 2011 and early 2012, according to forecasts published jointly on Wednesday by leading French, German and Italian economic..
A surprisingly big increase in US crude oil reserves hit oil prices already under pressure Wednesday from eurozone debt worries heightened by slowing growth in Germany. New York's main contract, We..
A summary of trading in key commodities markets overseas: PRECIOUS METALS Gold rose nearly one per cent to a one-month high, breaking ranks with the euro and equities, as evidence of strong physical..
A roundup of trading on major world markets: NEW YORK - US stocks opened lower on Wednesday a day after a burst of buying sent markets higher on the promising first results of the corporate earning..
Greece's public deficit for 2011, a key indicator of the country's economic recovery closely monitored by its creditors, reached 9.6 per cent of output, the development minister said on Wednesday. ..
While the market speculates about when Whitehaven Coal will bid for Coalworks, the likely takeover target says it will get on with developing its NSW coal assets in 2012. Massive international dema..
Australian shares posted their second straight day of gains after a rise offshore markets sparked hopes for a pickup in the world economy. Shares ended near their highest point in four weeks as a g..
Australia had its busiest ever period of online shopping over Christmas 2011. At the top of people's shopping lists were electronic goods, toys, sporting goods, clothes, and instore vouchers, onlin..
South African mining company Exxaro is set to buy African Iron, an Australian-listed company with iron ore operations in the Republic of Congo, for about $388 million. The news boosted African Iron..
A fall in job vacancies in the latter months of 2011 is a warning that the unemployment rate is likely to edge up in the months ahead. That positive side of that warning is an enhanced prospect of ..
Big miners have halted exports from the iron ore-rich Pilbara region as a category one cyclone moves toward the Western Australian coast. Tropical Cyclone Heidi is moving in a southerly direction t..
Australian shares gained more than one per cent as an upbeat start to the US earnings season and hopes of further monetary easing in China sparked a rally in global stocks. At 1200 AEDT on Tuesday ..
Stocks to watch on the Australian stock exchange at noon on Wednesday: AKI - AFRICAN IRON ORE - up 14 cents, or 35 per cent, at 54 cents South African mining company Exxaro is set to buy African..
A roundup of trading on major world markets: NEW YORK - US stocks shot higher out of the gate on Tuesday, boosted by a jump-start to the corporate earnings season and China's shrinking trade surplu..
Australian shares added 1.1 per cent after positive Chinese trade data boosted markets already buoyed by positive US earnings and hopes for a pick up in local buyout deals. Exports from Australia's..
Tree planter Carbon Conscious Ltd expects its net profit in the 2011/12 financial year to rise 309 per cent to $3.5 million. Carbon Conscious develops "carbon forest sinks", which involves planting..
A hostile takeover bid for industrial services company Spotless Group appears to have stalled, with the private equity suitor unwilling to meet a demand to increase its offer. Spotless has asked Pa..
Insurance Australia Group (IAG) is facing a hefty bill of up to $200 million to cover damage inflicted by the Christmas Day storms that ripped through Melbourne. The destructive storms capped a bad..
Shares in Australia's Alumina have shot up after its joint venture partner Alcoa gave a positive outlook for aluminium demand. Melbourne-based Alumina's main asset is its 40 per cent stake in Alcoa..
Australian residential building approvals rose 8.4 per cent to 11,424 units in November. This compares to an upwardly revised 10,539 units in October, seasonally adjusted. In the year to Novembe..
Alcoa Inc is reporting a fourth quarter net loss as a slower global economy hurt aluminum demand in industries ranging from construction and packaging to vehicle production. The New York manufactur..
Clothing manufacturer Pacific Brands says it is considering a takeover approach from a private equity firm. The owner of brands such as Bonds, King Gee and Sheridan has confirmed it has received an..
