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US stocks closed lower amid profit taking after Monday's strong surge and a slip in consumer confidence.

Magnetite hopeful Mindax' $115 million tie-up with Japan's Sumitomo could be in jeopardy, after one of its board members lodged paperwork to block the deal by ousting two company directors, includi

The Australian share market closed higher today, with gains across most sectors after strong leads from the United States.

Talks for the sale of liquefied natural gas from the $29 billion Wheatstone project in Western Australia are under way, operator Chevron says.

The City of Fremantle has launched a new initiative to increase environmental sustainability in the port city; encouraging residents and businesses to construct vertical and rooftop gardens.

Land developer Stockland has cut its full year earnings guidance and blamed high interest rates and wet weather for the slowing of property sales.

National accounting and advisory group MGI Australasia is on the lookout for a new partner in Perth, after announcing its current Perth branch would cease membership of the group from June 30.

The mad dash of 96FM from sixth to second place in the Perth radio market has been short-lived.

The major banks' decisions to raise lending rates are only partly influenced by their own funding cost rises, the central bank says.

Perth-based oil and gas explorer Zeta Petroleum has launched an $8 million IPO to fund the appraisal and development of its Romanian oil and gas assets.

Gold mining giant AngloGold Ashanti says it will spend more than $US800 million on its Australian projects in the next two to three years.

If the Queensland election was not an event unique to that State, as seems likely, then it might be time for investors to adjust their portfolios ahead of the inevitable change in Canberra, such as

Consumers in Western Australia remain cautious, focusing more on saving and paying off debt rather than purchasing, a survey released today says.

Mining services company Ausdrill has signed on as the major sponsor of the Hockeyroos, Australia's women's hockey team, in a two-year deal that ends a long search for financial backing.

Property owner Charter Hall Group has paid $61.5 million for a 50 per cent stake in a Perth distribution centre leased by grocery wholesaler Metcash.

Leighton Holdings shares are in a trading halt as the construction company considers potential changes to its financial guidance.

The Australian share market has followed offshore markets higher in opening trade, with investors encouraged by signs from US Federal Reserve chairman Ben Bernanke that the US would keep interest r

The Australian dollar has risen almost one cent and pushed past 105 US cents for the first time in six days following indications from Federal Reserve Chairman Ben Bernanke that the US would keep i

US stocks have surged following gains on European markets and after Ben Bernanke said a still-weak job market merited the Federal Reserve keeping easy money policy in place.

UK-based engineering group Kentz says it lodged a 26 per cent increase in revenue across its Australasian operations for the year ended December 31, driven by increased activity in Western Australi

The Australian dollar was higher amid quiet trading and ahead of potential market-moving economic data from the US and Europe.

Arafura Resources expects to convert a rare earths sales deal with Germany's ThyssenKrupp into a formal agreement and expand the intended customer base in Europe.

Petrol prices hit a three year high last week as re-sellers factored in potential threats to oil supplies in the Middle East, new figures show.

Labor leader Mark McGowan has proudly claimed underdog status in next year's state election but denied unpopular Prime Minister Julia Gillard is a millstone around the party's neck.

The consumer watchdog says it will be closely watching electricity retailers which include a carbon tax impact on power bills sent to customers.

The Australian stock market closed flat after offshore bourses failed to inspire investors with a strong lead.

Navigator Resources has signed an agreement for a $US12 million debt facility with Canada's Waterton Global Value.

Phillips River shares soared after the junior minerals explorer agreed to sell its flagship assets to its former suitor, Silver Lake Resources.

Aquila Resources has resolved its legal issues with Brazilian mining giant Vale over the Isaac Plains coal mine in Queensland.

A courtroom showdown between Jack Cowin and the global owner of the KFC fast food franchise has been averted after both sides agreed to mediation.

The state government has launched a new dispute resolution service for small business, following the appointment of Small Business Commissioner David Eaton.

Bank of Queensland today announced another step in the rebuilding of its senior management group, in tandem with unveiling a $91 million half-year loss and a large capital raising to bolster its ba