Oil prices fell overnight, with West Texas Intermediate crude futures (WTI) dropping to its lowest since January after US crude inventories unexpectedly surged, adding to concerns about slowing global growth.
Gold prices pared earlier gains overnight, having jumped to their highest in 15 weeks as nagging fears about global trade and expectations of a US interest rate cut encouraged investors to flock toward bullion.
Tim Roberts, whose estimated net worth varied wildly in three recent rich lists, has stepped away from the public limelight by resigning from the board of ASX-listed Mineral Resources.
A small number of ASX-listed Perth companies are following the example of Rupert Murdoch and Kerry Stokes, with second-generation family members taking over.
University of Western Australia vice-chancellor Dawn Freshwater has resigned after 2.5 years in the top job and accepted the position of vice-chancellor at the University of Auckland.
The Australian Securities and Investments Commission has permanently banned a Perth man from providing financial advice, following his conduct as a representative of Westpac and The Financiallink Group.
Shares in Dacian Gold have plunged up to 68 per cent today after a significant downgrade of June quarter production guidance from its flagship Mt Morgans operation.
Gold steadied below a three-month peak on Tuesday on news China was open to negotiating its trade dispute with the United States, while rising expectations the US Federal Reserve will cut interest rates provided underlying support.
Oil prices ended as much as one per cent higher overnight after a global stock market rally pulled Brent crude from a four-month low touched earlier in the session.
A Willetton-based nominee company associated with contractor Pascoe's Gas, Water & Electrical has been hit with an increased fine after refusing to provide documents to the state government, which is trying to clarify the precise links between the two entities.
BGC Australia has appointed international building industry veteran Daniel Cooper as its new chief executive, with Alan Tate to transition back to the role of chief financial officer after several months at the helm of the construction and contracting giant.
Machine learning is being used to develop a range of medical research advancements in WA, with diagnosis of Fetal Alcohol Spectrum Disorder one example.
Western Australia's largest wine producer has increased its dominance of the sector in a year when many producers were affected by extreme weather events.
The Reserve Bank of Australia has cut the cash rate to 1.25 per cent, a day after CoreLogic data revealed Perth house prices continue to fall more sharply than other state capitals.
Titan Minerals has raised $20 million via a share placement, as the Subiaco-based junior seeks to complete its acquisition of Canada-based Core Gold and advance Core's Dynasty Goldfield project in Ecuador.
