US stocks ended a choppy session mixed Thursday amid scepticism that European leaders will forge a deal on resolving the eurozone debt crisis in coming days.
A FEDERAL government employee superannuation fund is understood to be circling SAS Trustee Corporation’s half share in the blue-chip QV1 office tower in Perth’s sought-after CBD.
Leighton Holdings has hit out against a downgrade by ratings agency Standard & Poor's (S&P) on the very day it secured a $1.2 billion rail contract in Hong Kong with a joint venture partner
The Australian share market closed firmly in the red after a fall in commodities prices and as it became apparent a full resolution to the European debt crisis was not imminent.
Australian banks have little direct exposure to risky European government debt and are more resilient to turbulence in international markets, a senior central bank official says.
The Australian share market opened one per cent lower today due to a weak lead from Wall Street and doubts about the prospects for an effective solution to Europe's debt woes.
The Australian dollar fell more than one US cent as data released overnight highlighted weak US economic conditions and as European officials prepare for their weekend summit.
US stocks fell sharply Wednesday after the Federal Reserve's "Beige Book" portrayed a still-weak economy in September, as big losses from tech stars Apple and Amazon pulled the Nasdaq down more tha
The Australian dollar gained more than a US cent on reports that France and Germany were ready to sharply boost the eurozone's rescue fund amid a solid performance on regional equity markets.
The Australian share market finished higher despite a late-session weakness by resource heavyweights and the dark shadow of Europe's debt crisis overhanging the market.
The Reserve Bank of Australia is optimistic about the stability of the Australian banking system, despite recent worries about the European banks and government debt problems.
Retired insolvency expert Geoff Totterdell, who has worked on some of the state’s best-known company collapses in a long career, has stepped into the job of overseeing development in the Peel region.
The Barnett government is living up to its promise to deliver more community infrastructure via public private partnerships, naming three short-listed consortiums to bid for a 350-bed prison develo
US stocks rallied Tuesday after a British newspaper reported that France and Germany were ready to sharply boost the eurozone's rescue fund in a bid to address the public debt crisis.
The central bank says it may be prepared to cut the cash rate if inflation looks as if it is under control, against a backdrop of deteriorating domestic and global economic conditions.
The Australian share market opened almost 1.5 per cent lower, reversing yesterday's gains, after German officials dampened optimism over the European bailout plan.
The Australian dollar has fallen more than one US cent as comments from Berlin dampen expectations an upcoming European Union (EU) summit will solve the eurozone's debt crisis.
US equity markets sank Monday after a three-week rally after a meeting of G20 finance chiefs failed to boost confidence that a solution to the eurozone debt crisis is near.
The Australian dollar has hit a one month high after finance ministers from the world's wealthiest nations vowed to stop the European debt crisis from spreading.
Australia's corporate and securities watchdog has given the green light for Chi-X Australia to start operating the country's second securities exchange market on October 31.
A pick-up in borrowing by businesses is emerging as an argument against a cut in interest rates at the next monetary policy meeting of the Reserve Bank of Australia.