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Atlas Iron has posted a $1.4 billion annual loss due to massive falls in the price of iron ore.

Gold fell 1 per cent on Thursday, snapping five sessions of gains, on the back of upbeat US data and concerns eased over further losses in the yuan after the devaluation of the currency by China.

Oil prices have skidded to a fresh six-year low amid worries about excess supply.

Wall Street stocks have finished little changed in choppy trade as retail sales bested expectations, even as leading department stores reported lower profits.

The Australian dollar is flat, pulled in opposite directions by easing worries about China's currency devaluations, and falling commodity prices.

The Nationals have gone against the grain to call for more seats in the upper house.

Perth-based precious metals companies Black Mountain Resources and Torian Resources both announced capital raisings today.

The Australian share market has finished slightly higher despite a late afternoon sell off.

Investors have welcomed the results of a pre-feasibility study on Carbine Resources’ Mount Morgan gold and copper project, conducted by GR Engineering Services, which found it to be a potentially low-cost and viable operation.

Perth-based gold miner Renaissance Minerals has announced a revised royalty deal with OZ Minerals that will remove the requirement for Renaissance to pay $22.5 million in milestone payments associated with its Cambodian gold project.

A planned backdoor listing by technology company Yatango, which was backed by top-shelf advisers and boasted iiNet founder Michael Malone as one of its directors, has fallen through after being hit by tough market conditions and a run-in with the corporate regulator.

Following its recent currency devaluation, a more competitive China should prove to be a good thing for Western Australia’s export industries, but there will be some pain in achieving that possible future benefit because no-one knows how other countries will react to the China surprise.

A contentious large-scale residential development site at Moore River has come to market, with the 2,099-hectare parcel expected to draw significant international interest.

New Telstra boss Andy Penn has committed to do whatever it takes to maintain the telco's dominance of the Australian mobile market against a resurgent threat from rivals.

Local explorer NSL Consolidated has tapped one of its foreign investors for a $5 million loan to fund construction of its phase two Kurnool iron ore wet plant in India.

Fitzroy Resources has announced plans to wholly acquire Californian technology company 4D-S, in a backdoor listing valued at about $7.7 million.

The Australian share market has opened higher, as markets start to shrug off negativity over China's currency devaluations.

Oil prices have edged up from six-year lows as US oil supplies declined and the dollar retreated.

This week REIWA members reported the total number of sales are up to 632 an increase of 1 per cent on the previous week.

Gold rose for a fifth session in a row on Wednesday, hitting a fresh three-week high as the dollar and global equities slid on concerns over China's devaluation of its currency.

US stocks have finished mostly higher as an afternoon rally led by Apple and energy equities overcame early weakness on fears about an economic slowdown in China.

The Australian dollar is one US cent higher, as traders start to see the positive side of China's currency devaluations.

Shares in local gold miner Millennium Minerals closed 13.7 per cent higher today on news it had increased its projected gold production by 11 per cent while lowering costs.

Western Power has reported a substantial reduction in operating expenditure for the third year in succession, and says it is on target to deliver $1.4 billion in savings across its current five-year access arrangement.

The Australian sharemarket has closed sharply lower after China's currency devaluation helped pull back resources stocks, and the Commonwealth Bank's capital raising weighed on the other big banks.

The Abbott government has been hurt by a failure to take a stand on politicians’ entitlements.

A report by the auditor general has found the state government’s Pilbara Underground Power Project will cost nearly double the original estimate and be completed six years behind schedule because of poor planning and management.

Wage growth has remained at a record low for a second quarter, led by continuing fallout from the mining slowdown, but with pain across all industries and states.

Telstra shareholders hoping for another $1 billion windfall from the company this year could be disappointed as the telco funnels cash towards new acquisitions and its mobile network.

Business News 2015 Rising Stars winner International Maritime Services has won a $2.7 million contract to provide its services to a United Arab Emirates-based vessel over a one-year term.

There's been a small victory in the push for the release of documents about the contentious Perth Freight Link project, which Labor claims has a "cone of silence" surrounding it.

Bankwest has announced an 11 per cent rise in cash net profit to $752 million for the year to June 30, while its parent company Commonwealth Bank of Australia unveiled a record $9.15 billion cash profit.