Australian shares fell, breaking their six-day winning streak after Standard and Poor's warned 15 eurozone members of possible credit downgrades due to the region's deepening debt crisis.
The Australian dollar is higher today after European leaders announced plans to establish a new treaty which imposes strict budget discipline on member states.
US stock markets pared gains on Monday after a newspaper report said that Germany and five other triple-A eurozone countries face the prospect of a credit downgrade.
CBRE today announced it would take over management of Stockland's office and industrial assets in one of the largest property outsourcing mandates in Australia.
An inquiry headed by former Australian Federal Police Commissioner Mick Keelty will begin immediately to investigate the cause of the Margaret River bushfire and the prescribed burn that got out of
Greenland Minerals and Energy says it is seeking a development partner for its flagship Kvanefjeld multi-element project in Greenland, after the Greenland government granted it the right to apply f
Exploration company Minotaur today sold its 55 per cent controlling interest in the Tunkillia gold project in South Australia to Mungana Goldmines for $6 million in cash and shares.
There has been a sharp decline in business confidence as worries grow that the European financial crisis will worsen and hit the global economy, a private sector survey shows.
Glory Resources has completed a $42.5 million capital raising launched last month to fund the acquisition of the Sappes gold project in north eastern Greece from Cape Lambert Resources.
Modun Resources stocks rose today after the Perth-based coal explorer announced a maiden 489 million tonne JORC-compliant resource at its flagship Nuurst coal project in Mongolia.
Australian shares have risen by 0.8 per cent, buoyed by hopes that European leaders may be able to thrash out a deal to salvage the region's debt crisis this week.
West Australian opposition leader Eric Ripper is warning his federal Labor counterparts they won't get any uranium from WA if he wins the next election.
Billionaire Nathan Tinkler's coal explorer Aston Resources and coal miner Whitehaven Coal have entered into talks about a potential merger that analysts say would create a powerful entity.
The Australian economy is expected to have grown strongly in the September quarter of 2011 as the booming mining sector fuels a solid rise in business investment.
WA recorded an increase in jobs advertised on the internet and in newspapers despite a flatline in the national figure, according to a report released today.
Clough announced today it anticipates underlying earnings for the current half year will be lower than analysts expectations, following cost overruns and lowered margins.
Zeta Petroleum has announced its intention to list on the ASX by the end of first quarter next year, after it closed its pre-IPO placement oversubscribed.
Shares in Aquila Resources gained over four per cent after the company received approval from the state environment minister for its first iron ore mine.
Wage growth under enterprise bargaining agreements edged up slightly in the June quarter but new government data showed a stark difference between deals reached between public and private sector wo
Australian shares have opened 0.5 per cent higher after Italy announced $26 billion in tax hikes and spending cuts as it strives to avoid an economic meltdown.
The Australian dollar was trading higher this morning, after the Italian government announced new austerity measures to overcome the country's crippling debt woes.
European Union monitors and ratings agencies bear some of the blame for Greece's debt crisis that has plunged the continent into financial turmoil, former Greek prime minister George Papandreou say
