At the core of AAP Newswire is our unbiased, 24/7 breaking newswire that feeds the latest news from Australia and the world. Supported by over 200 journalists, AAP Newswire provides the news that matters.
City of Perth Lord Mayor Lisa Scaffidi says she is focused on diversifying the city’s economy away from the mining industry as she returns to work after a four-month absence.
Australia have completed a 4-0 Ashes series win, with Pat Cummins' express pace easing his side to victory by an innings and 123 runs in the SCG finale.
Oil prices have dropped from highs last seen in 2015, as soaring US production undermined a 10 per cent rally from December lows that was driven by tightening supply and political tensions in OPEC member Iran.
Australian shares have opened comfortably higher, following strong gains in commodities and US markets where the Dow Jones index broke above the 25,000 mark for the first time.
Gold has steadied around a 3-1/2-month high as prospects for further US interest rate increases put the brakes on a recent rally, while palladium touched record highs on tight supplies.
Oil has risen to its highest since May 2015, on concern about supply risks due to unrest in Iran and another decline in US inventories as refining activity hit a 12-year high.
Hobbled spearhead Mitchell Starc has struck late on day one of the Ashes series finale, denying Joe Root a century and reducing England to 5-233 at stumps.
Australian shares have ended slightly higher with strong performances in the healthcare and energy sectors helping offset a weak session for the big miners and banks.
Oil prices have risen nearly 2 per cent to their highest in two-and-a-half years, with buying spurred on by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany.
Gold prices have fallen, extending losses after the Federal Reserve released minutes of its December policy meeting, which fed the view among investors that more US interest rate rises are in store.
The Australian share market has opened marginally higher on the back of a positive lead from Wall Street where two of the three stock indexes hit record closing highs on its first trading day for 2018.
Gold has extended its rally into the new year, touching late September highs on a softer US dollar, while spot palladium jumped to a record on fears of short supplies after soaring 57 per cent in 2017.
Oil prices have hit mid-2015 highs early on their first trading session for 2018, before dipping to settle slightly lower as major pipelines in Libya and the UK restart and US production soared to the highest level in more than four decades.
The Australian dollar is slightly lower against its US counterpart, which has fallen to a three-month low in its first trading session for 2018, but has plunged against the yen and the euro.
The share market has posted its first fall for the week as selling in the financial and property sectors outweighed gains by energy producers, miners and retailers.
Australian shares have lost ground in early trade after a strong run so far this week, as investors take cues from a choppy session on Wall Street overnight.
Gold prices have risen for a fourth straight session to reach a two-week high as US data showing solid home sales but a fall in mortgage applications pushed the dollar to a two-week low.
The Australian dollar is slightly higher against the greenback after the US tax reform bill - which will slash US company taxes - was passed by the US Senate.
The share market turned around a negative start to the day to edge higher, as miners, energy producers and several consumer-related stocks rose in value.