News

The Australian share market has opened sharply lower, with every sector losing at least 1.0 per cent, after a second day of significant falls on Wall Street.

Gold prices rose more than 1.0 per cent overnight as a report showing weaker-than-expected hiring by US private employers stoked economic fears the day after another report showed weak manufacturing activity in the world's largest economy.

Oil prices fell more than 2.0 per cent overnight after official data showed a rise in US crude inventories, adding to worries about an oversupplied market as weak economic readings in the United States depressed global financial markets.

Kalium in box seat

Mia Davies invoked the memory of US president Teddy Roosevelt to argue for pragmatic and market-based policy decisions at a Business News Policy Briefing today.

A major sell-off in global shares has battered the Australian share market following fears the mighty United States economy is slowing.

The Australian share market has opened sharply lower, mirroring falls on Wall Street overnight.

WA seeks nominations for TAB privatisation

Oil prices slipped overnight, pressured as weak US economic data dimmed crude's demand outlook while reports of an output decline from the world's largest oil producers in the third quarter kept prices from falling further.

Gold jumped 1.0 per cent overnight, reversing course from earlier in the session when it touched a near two-month low, as the US dollar pared gains after weak US manufacturing data bolstered bets for another interest rate cut by the US Federal Reserve.

The Australian share market has enjoyed its best day in nearly a month following the Reserve Bank's decision to cut the cash rate for a third time this year.

Phylogica has announced a commercial collaboration with Lions Eye Institute trading under the name Vision Pharma, bringing the biotechnology company a step closer to commercialising its drug delivery technology.

Resource bosses urge action on US rare earths deal

Platinum plunged more than 5.0 per cent and gold shed 2.0 per cent overnight, leading a sharp decline across precious metals driven by a soaring US dollar, with deficit-hit palladium too giving up some gains from a record rally in which it breached $US1,700 per ounce.

Oil prices fell overnight on fading concerns of supply shortfalls and conflicts in the Middle East as global benchmark Brent posted its biggest quarterly loss this year on demand fears due to the escalating US-China trade conflict.

The Australian share market has closed higher, with gains across the board, but the ASX still suffered its first losing week since mid-August.

Secret zone for sub work

Oil slid overnight as new details connected to the impeachment inquiry into US President Donald Trump weakened demand sentiment while moves to quickly restore Saudi output after attacks on its oil infrastructure promised more oil supply.

Gold prices rose overnight after a nearly 2.0 per cent slide in the previous session triggered buying interest for the safe-haven metal, although a strengthening US dollar capped gains.

The Australian share market has fallen for a third straight day, underperforming compared to its peers in the region.

The state government has announced that China Eastern Airlines will trial direct flights between Shanghai and Perth in January and February of next year

Taking sides in trade war a risk to Aussie jobs, Premier warns

Oil shed more than 1.0 per cent overnight, logging a second straight day of losses after US crude stockpiles unexpectedly rose and as Saudi Arabia maintained a faster-than-expected recovery of its oil production.

Gold slid 2.0 per cent overnight, retreating from a multi-week peak as political uncertainties in the United States stemming from an impeachment inquiry into President Donald Trump drove investors to the safety of the US dollar and limited bullion's appeal.

The Australian share market has fallen following an overnight sell-off on Wall Street as more political instability rocked the United States.

Programmed has announced a partnership with Perth Symphony Orchestra (PSO), the first major arts organisation the business has partnered with.

The Australian share market has opened sharply lower, mirroring falls on Wall Street overnight.

East Perth station site closer to redevelopment

Oil prices plunged more than 2.0 per cent overnight to their lowest since the September 14 attacks on Saudi Arabia's key oil facilities after US President Donald Trump rekindled fears the US-Chinese trade conflict that has crimped energy demand is far from over.

Gold climbed to its highest level in nearly three weeks overnight as calls for impeachment proceedings against US President Donald Trump pushed stocks into the red, with bullion getting a further boost from disappointing consumer confidence data.

The Australian share market has finished flat, with losses for tech stocks and miners and gains for consumer discretionary and bank stocks.

Royal Automobile Club of WA (RAC) has invested into SpacetoCo through BetterLabs Ventures, the third startup to be supported through the early stage venture fund.