US stocks were mixed as Federal Reserve policymakers kicked off a two-day interest rate meeting and investors braced for quarterly scorecards from Apple and Twitter.
Gold has risen as the US dollar hsa fallen, but remains hemmed in to a range at the start of a two-day US Federal Reserve policy meeting which is being closely watched for clues on the outlook for interest rates.
US crude prices have fallen, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus US crude.
The Australian share market has finished slightly higher as investors punt that second quarter inflation figures will prompt the Reserve Bank of Australia to cut interest rates next week.
The Australian Securities Exchange has delayed the introduction of tougher listing requirements by three months, after stockbrokers and corporate advisers expressed concern about the changes.
Protean Wave Energy has recruited former Woodside Petroleum executive Steve Rogers as its new managing director, with his predecessor Bruce Lane and chief technology officer Sean Moore both stepping down from their roles at the clean energy company today.
Contractor Monadelphous Group has announced a move into the growing renewable energy market by setting up a joint venture with Newcastle-based ZEM Energy, with the two partners having already won work on a 270 megawatt wind farm near Canberra.
Resorts and hotels operator Crown Resorts has given the state’s hospitality sector a handy fillip, launching a recruitment drive for more than 500 employees to run the luxury Crown Towers property
High-end residential property prices in Perth have weakened considerably since the iron ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.
Australia's retail broadband market, which is dominated by Telstra, Optus and TPG Telecom, needs to lift its game and give consumers better information on broadband speed, the competition regulator says.
Ramelius Resources has raised $25 million from investors to fund a development program in the Murchison region that is targeting a 40,000 ounce increase in gold production by FY18.
Mark Bennett’s gold hopeful, S2 Resources, has tapped investors for a $12.1 million capital raising to fund ongoing work at its Polar Bear project near Norseman.
Engineering and construction business Valmec has won a $13.3 million contract for work on the first stage of the $1.12 billion NorthLink WA roads project, which is being built by John Holland.
The Australian dollar has slipped slightly against its US counterpart in overnight trade, weighed down by continuing expectation of a lift in US interest rates.
The Australian share market has resumed its upward course, boosted by expectations of an interest rate cut, and a big lift in the shares of Woolworths after the ailing supermarket giant announced restructuring plans.
Telecommunications company Norwood Systems says it still has enough funds to meet its development objectives for the coming financial year, despite failing to raise a minimum $1 million in a priority offer which it had previously said would be needed to fund those goals.
Perth-based IT firm Velrada has announced a $10 million contract to support the expanding Pilbara operations of global facilities management company Sodexo.
Point-of-sale financing group ThinkSmart has announced plans to undertake an $8.8 million capital raising, delist from the ASX and jump over to London’s AIM.
Subiaco-based Australis Oil & Gas has held its ground on its ASX debut, following completion of a $30 million initial public offering earlier this month.
Local entrepreneur Zhenya Tsvetnenko has tendered his resignation from the boards of listed companies DigitalX and Tech Mpire after being indicted by US prosecutors for participating in a scheme to defraud mobile phone customers.
Newcrest Mining has scraped into meeting its full-year production guidance, despite posting lower output in the June quarter as it continued to struggle with disruptions at various operations.
