News

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.

NAB chairman Ken Henry has survived a protest vote to secure re-election to the board of the ASX despite his reputational flogging at the royal commission.

The Australian share market has opened little changed after a mixed session on Wall Street overnight.

Carnell urges notice for slow-paying contractors

Oil ended about 1.0 per cent higher overnight after a volatile trading session as traders focused on when Saudi Arabia would be able to restore full output following the September 14 attack on its facilities.

Gold rose overnight to its highest in over two weeks as weak economic data from the euro zone stoked global recession fears and forced investors to seek refuge in bullion while palladium soared to a record on a sustained supply shortfall.

The Australian share market has moved higher for the eighth time in nine sessions, while most markets around the region were lower.

Australian wheat fit for feed but not food

Palladium soared to an all-time high on Friday, with producers locking in stocks of the auto-catalyst metal squeezed by a sustained supply shortage while gold firmed en route to its first weekly gain in four supported by Middle East tensions.

Oil prices eased on Friday on renewed concern over the US-Chinese trade conflict but futures still posted weekly gains, with Brent marking its biggest weekly increase since January after an attack on Saudi Arabia's energy industry last weekend.