Oil prices edged lower on Friday and posted weekly losses as concerns about slower global economic growth outweighed hints of progress in the US-China trade dispute but an attack on Saudi Arabia's oil facilities on Saturday was expected to result in increased prices.
Gold prices eased on Friday, heading for a third straight weekly fall, as positive US retail sales data and hopes for a thaw in China-US trade tensions lifted equities and yields to multi-week highs.
PODCAST: Mark Beyer and Mark Pownall discuss Landgate's sale, Brexit impact, Tianqi Lithium, hospitality's surprise new offerings, Yukich expansion, and our special report on the gold sector.
The Australian share market has closed slightly higher, rising for a third straight day following positive US-China trade developments overnight and the resumption of quantitative easing in Europe.
A large portion of Bullsbrook is set to be opened up for development, with the state government moving to rezone 362 hectares in the suburb to allow for the construction of residential, retail and commercial buildings.
Suspended Perth Lord Mayor Lisa Scaffidi has admitted at an inquiry that she broke the law when she interfered in the council heritage listing process for a building in which she had a financial interest.
Directors of several Perth-based ASX-listed companies have undertaken substantial share transactions in the past fortnight, with Peter Bradford, Peter Cook and John Welborn among those taking advantage of the trading window after the release of their annual results.
Synergy has secured a substantial electricity supply deal with the North Metropolitan Health Service, one of several electricity contracts awarded by government agencies in the health and education sectors in recent months.
Alaska-focused oil and gas explorer 88 Energy, formerly Tangiers Petroleum, has announced it will raise $6.75 million through a share placement to fund operations at its flagship Project Icewine venture.
Woodside Petroleum will invest in Subiaco-based Blue Ocean Monitoring to create autonomous mini-submarines in a bid to make gathering seismic data from the ocean floor cheaper and safer.
The Maritime Union of Australia has voted to break its affiliation with Unions WA in protest over the McGowan government’s plans for a new container port at Cockburn Sound.
Oil prices have fallen about 1.0 per cent after a media report cast doubt on the possibility of an interim US-China trade deal and as a meeting of the OPEC alliance yielded no decision on deepening crude supply cuts.
Palladium prices have hit an all-time high on concerns over tight supplies of the autocatalyst metal due to possible labour issues in South African mines, while gold shed earlier gains on fresh hints of progress in the US-China trade dispute.
AusGroup has been awarded a three year maintenance and shutdown support contract by BHP Nickel West covering its Mt Keith, Leinster, Kwinana and Kalgoorlie operations.
An industrial estate near Mandurah will be the first of its kind in Australia to be powered by a solar energy microgrid, after the state government appointed Brookfield's Enwave Australia to build a solar farm and battery storage solution at Peel Business Park.
The use of remote sensing technologies is enabling Alcoa of Australia to better monitor the effectiveness of its rehabilitation efforts in the Jarrah Forest region south of Perth.
Employment opportunities for geoscientists in Western Australia are improving, but it is not the best state in Australia for job prospects, according to the latest data from the Australian Institute of Geoscientists.
Gold miner Blackham Resources has announced its third capital raising for the year, bringing the total to $45 million, following a series of delays in production at its gold mines in the Wiluna region of Western Australia.
Shares in Strategic Elements surged up to 32 per cent today after the software company announced a 12-month deal with multinational conglomerate Honeywell to develop experimental autonomous robotic vehicles
The competition watchdog says it has no reason to block Elders' proposed $187 million cash-and-scrip takeover of wholesale buyer Australian Independent Rural Retailers, which has 12 member stores in Western Australia.
The Commonwealth Bank of Australia has issued $US2.5 billion ($A3.6 billion) worth of subordinated notes amid a regulatory push to increase capital reserves.
Oil prices have tumbled more than 2.0 per cent after a report that US President Donald Trump weighed easing sanctions on Iran, which could boost global crude supply at a time of lingering worries about global energy demand.
Gold has risen on expectations of monetary policy easing by top central banks while global growth risks continue to linger, although improved appetite for riskier assets capped bullion's gains and kept it near a four-week low.
