Wall Street has rallied for a fourth session, propelled by Apple, chipmakers and other trade-sensitive stocks after signs of progress in trade talks between the United States and China.
Oil prices have jumped more than four per cent as the extension of US-China talks raised hopes of easing trade tensions between the two superpowers, while OPEC-led crude output cuts also provided support.
The Australian share market has closed at an eight-week high, thanks to growing optimism about the US-China trade negotiations and the continued surge in oil prices.
The tourism industry has called for the establishment of a growth fund following the release of data showing a 7 per cent fall in spending by international tourists in Western Australia during the past year.
Red Emperor Resources has tapped investors for £2.8 million (approximately $5 million) from a share placing to increase working capital as it prepares for the drilling of the Winx-1 exploration well in Alaska.
Job vacancies in Australia edged higher in the three months to November to notch an all-time peak, hinting that demand for labour remains strong despite a low unemployment rate.
Oil prices have risen by more than two per cent, supported by hopes that crude demand may rise more quickly if talks between US and Chinese officials resolve the trade dispute between the world's two biggest economies.
Gold slipped as the US dollar rose and prospects of a US-China trade deal increased investors’ appetite for riskier assets such as stocks, while palladium notched a fresh all-time high on tight supply.
The state government has hit a key milestone in the partial privatisation of Landgate, seeking a private sector operator to undertake automated land titling transactions.
Employers are expected to add more staff in the first three months of 2019 than at any time in the past four years in Western Australia, according to new research by recruitment firm Manpower Group.
APN Outdoor has renewed its licensing rights to use specific Public Transport Authority assets for advertising purposes, in a revenue sharing arrangement for up to 10 years.
The Australian share market is flat despite renewed optimism over US-China trade relations, with the big banks and supermarkets dragging in early trade.
Gold has risen again, just below a more than six-month peak hit in the last session, as the dollar slid on reduced chances of further rate hikes by the US Federal Reserve, and as the United States and China resumed trade talks.
Oil prices have edged higher, rebounding further from 18-month lows reached in December, on support from OPEC production cuts and steadying equities markets.
Amazon.com and Netflix have fuelled a second straight session of gains on Wall Street, as the resumption of US-China trade talks helped ease concerns that have pummelled the market in recent months.
Shares in Cervantes Corporation jumped on the ASX today after the company announced it had concluded drill testing at its Albury Heath project located 20 kilometres north-west of Meekatharra.
Victoria-based gas turbine engineering services company The Environmental Group will acquire the energy division of RCR Tomlinson, less than two months after the latter entered into voluntary administration.
Australian hospital operator Healius Ltd has rejected an 'opportunistic' $2.02 billion takeover offer from its largest shareholder, Jangho Hong Kong Holdings.
The Australian share market has burst out the gate with heavyweight mining and banking stocks leading the way, while an oil price leap also has the energy sector surging.
Wall Street has surged to close at its highest level in two weeks after a strong jobs report and assurances from US Federal Reserve Chairman Jerome Powell that the central bank would be patient and flexible in steering the course of interest rates.
Oil has risen nearly two per cent after proposed trade talks between the United States and China eased some fears about a global economic slowdown, but gains were capped after the US reported a sharp build in refined product inventories.
Gold has pulled back from a more than six-month peak, as robust US jobs data eased some concerns about an ailing economy, while palladium prices punched through the key $US1,300 level for the first time.
