The Australian dollar is three-quarters of a US cent higher after US stocks rose more than one per cent, amid hopes there might be a solution to the Italian political crisis.
Oil prices surged on Wednesday, shrugging off an unexpected build in US crude stockpiles and rebounding from a four-day slump as Russia's central bank expressed caution on plans to boost oil supply.
Gold prices edged higher on Wednesday as the US dollar wilted after data showed the US economy slowed slightly more than initially expected in the first quarter while political uncertainty lingered in Italy.
Breast Cancer Research Centre-WA is on its way to raising $5.8 million for the development of a world-class breast cancer treatment and research centre, set to open by 2019.
The Australian share market fell below 6,000 points to a one-month low on Wednesday, with financial stocks slumping under investor concerns about possible economic fallout from Italy's political uncertainty.
Cash Converters International has boosted its coffers with a $39.5 million capital raising, with the proceeds set to strengthen the company's balance sheet and be used to reduce debt.
Two junior explorers have announced capital raisings today, with aspiring gold miner KIN Mining tapping investors for $11.3 million while Nzuri Copper has raised $6 million.
Norway-focused Koppar Resources has begun trading positively on its debut on the ASX today, after the company raised $4.5 million via an initial public offering.
A project to irrigate and run cattle on 650 hectares of pastoral land south of Broome has become the second such plan recommended for approval by the Environmental Protection Authority this year.
A new association is aiming to liven up the streets of the CBD and fill its empty spaces with startups and creative enterprises via short-term and rent-free rolling leases.
The Supreme Court of Western Australia has approved an amendment to a restructure of embattled construction company Cooper & Oxley Builders that will leave unsecured creditors with between six and 13 cents in the dollar.
US crude futures fell more than $US1 on Tuesday on worries that Saudi Arabia and Russia will pump more crude to boost supplies after more than a year of reducing worldwide inventories.
Mining-focused technology company Immersive Technologies has the rare distinction of becoming a global leader while retaining local ownership and control.
A new Perth headquarters and driver support hub have been established to support further growth for Uber as it targets regional centres such as Bunbury and Busselton.
The University of Western Australia has moved into the top 200 of the Centre for World University Rankings list, while Curtin University also jumped 135 spots in the latest annual results.
A subsidiary of Belmont-based NRW Holdings has secured a $210 million extension of its mining services contract at the Curragh coal mine in Queensland.
Shares in local tech company Family Zone Cyber Safety rose today after the company said it has signed sales agreements with two major telecom providers in India.
A subsidiary of ASX-listed Westgold Resources has been fined $35,000 after a mine site worker was injured when he was struck by a 322 kilogram jib attachment on an integrated tool carrier.
Shares in Galileo Mining, which is backed by Mark Creasy and Chris Ellison, have closed up strongly on their first day of trading after the company raised $15 million via an initial public offering.
Shares in Galaxy Resources have surged after the lithium miner announced a $US280 million ($A371 million) asset sale deal with South Korean giant Posco.
A group of dissident shareholders at Empire Resources is seeking a board overhaul after requesting a general meeting to remove its three directors, including managing director David Sargeant.
New Century Resources has awarded a mining services contract to an indigenous joint venture as part of what the company claims to be an Australian-first agreement with traditional owners.
