Oil prices tumbled on Wednesday on the prospect of higher Libyan output joining ample global supplies and as traders continued to book profits from a sharp rally a week ago.
The Dow and S&P 500 edged to new records Wednesday ahead the official US jobs data for June, with the outlook buoyed by a strong ADP private sector report.
Gold prices have shuffled between gains and losses, as traders weigh violence in Ukraine and the Middle East against the possibility of a stronger-than-expected US jobs report.
Gina Rinehart has followed fellow iron ore magnate Andrew Forrest’s lead and expanded her interests to include cattle farming, reportedly spending $40 million on a half-stake in two cattle stations
The federal government has released details on how its long-awaited exploration development incentive will work, with the policy expected to be a much-needed boost for the industry.
BHP Billiton has celebrated sending its one-billionth tonne of iron ore to Japan at a ceremony in Port Hedland to mark almost 50 years of the business partnership.
Aged care, family services and community health group MercyCare is moving to West Perth, after buying an office building at 38 Ord Street for $11 million.
Signs of stronger manufacturing activity in the world's second largest economy have outweighed a blowout in Australia's trade deficit and fuelled gains on the share market.
Property giant Stockland’s hopes to snare rival Australand have been dealt a massive blow, with the takeover target agreeing to a $2.6 billion offer from Singapore.
Buru Energy managing director Keiran Wulff announced his resignation today as the oil and gas exploration firm appointed two new non-exececutive directors.
Concern over the effects of the housing ‘crunch’ on the broader Chinese economy was the main topic of discussion at a recent Institute of International Finance China Economic Forum, held in Shanghai.
Western Australian financial advisers and stockbrokers have dismissed a report that found public-listed companies were paying nearly 50 per cent too much to raise capital.
Perth nickel miner Western Areas has made a $95 million repayment of convertible bond debt from its existing cash reserves, with a $125 million bond repayment still remaining.
QUEST Serviced Apartments says five new projects in the Perth metropolitan area will cater for increasing demand from corporate travellers, while at the same time more than doubling the group’s roo
Internet pioneer Michael Malone has quietly ended another formal link to the ISP he founded and floated, selling more than 1.1 million shares in iiNet to net almost $8.5 million, a move which takes him below the 5 per cent substantial shareholder limit.
The Australian dollar has shot up above 95 US cents after the Reserve Bank of Australia gave a more neutral statement than the market expected following its interest rate decision.
World oil prices have slipped on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.
Wall Street stocks have barrelled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.
A convoy of truck drivers headed by WAFarmers and the Wheatbelt Railway Retention Alliance drove through parts of Perth today to demonstrate their opposition to the closure of the Tier 3 rail lines.
