The Australian share market has slipped in early trade, taking cues from a lower close on Wall Street, as overnight declines in the metals and energy markets weighed down sentiment.
Wall Street has opened lower - a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win - as investors brace for higher interest rates.
Oil prices have eased in volatile trading as the market gives more weight to a bigger-than-expected US crude inventory build than Russia's comments about a possible meeting with Saudi Arabia that has renewed hopes for a production freeze deal.
Gold has eased as the US dollar climbs to a 14-year high against a currency basket, extending a week-long rally driven by a surge in Treasury yields after Donald Trump's election to the US presidency.
Trump tax cuts must be matchedThe Coalition has seized on weak wages growth to fire up support for company tax cuts amid warnings from business that Australia must match D
Perth-based Southern Cross Electrical Engineering says its joint venture with Kentech has grown its order book at the Chevron-operated Wheatstone LNG project near Onslow to $60 million.
A local company that produces fused zirconia, which is used to make nuclear fuel rods and furnace linings, is on the hunt for processing opportunities to utilise excess capacity at its Rockingham plant.
Australian shares closed flat as strong gains in energy producers and the big four banks were offset by falls across the resource, health care and consumer discretionary sectors.
Professional services firm Deloitte has snared its second senior recruit from Accenture's Perth office, hiring Bernadette Cullinane as its national oil and gas practice leader.
The head of Australia Post says it took longer than he expected to reform the company's haemorrhaging mail business and reduce its losses, delaying the company's expansion overseas.
The recently appointed Australian small business and family enterprise ombudsman has launched an inquiry into the payment practices of big businesses and governments across Australia.
Woolworths shares have slipped after it announced retail expert Sally Macdonald's resignation as Big W chief executive after less than a year in the job.
Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company’s Mt Holland mine, in a deal potentially worth at least $18.5 million.
The Australian share market has opened higher on the back rising energy shares and with investors seeming slightly more positive about a Trump presidency.
The Australian dollar is little changed against its US counterpart as the greenback's post-election rise stalls along with the surge in US bond yields.
Oil prices have jumped six per cent, with US crude notching its biggest daily percentage gain in seven months, on renewed expectations that OPEC will agree in late November to reduce a global supply glut.
US stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices.
A national tourism business backed by Quadrant Private Equity has acquired Rottnest Express, one week after a food services business also backed by Quadrant announced plans to buy family-owned Sealanes.
RBA, IMF warn of debt, housing riskHeavily indebted Australian households and governments need to build greater financial resilience against a global economy facing fresh
Macmahon Holdings has unveiled the remuneration package for new chief executive Michael Finnegan, adding to a trend in the contracting sector for lower base salaries but greater potential for bonuses.
The organisers of Perth’s inaugural Festival of the Web, which will incorporate the International World Wide Web conference, hope to attract 3,000 delegates to the Western Australian capital next April.
Nine Entertainment has come close to a first strike against its remuneration report as shareholders railed against the high pay awarded to executive and non-executive directors despite the broadcaster's disappointing performance.
Nano-technology company Dotz Nano has announced plans to establish a $S20 million ($A18.7 million) research centre in Singapore, on the same day it made fruitful gains on its first day of trading on the ASX.
