Gold has steadied as a firmer tone to the US dollar has held gains in check, though silver extended gains to an 11-month peak, boosted by technical momentum and perceptions it is undervalued versus gold.
Oil prices have jumped as government data showed US crude stocks rose slightly less than expected last week, while the US dollar advanced against the euro ahead of a European Central Bank meeting.
Wall Street ended less than two per cent short of a record-high close as a rebound in oil prices added to optimism sparked by a raft of earnings reports.
March quarter revenue was down by nearly a third on the same period last year, Woodside Petroleum revealed today, although it flagged that it was continuing work with Hess on gas processing from the Equus field.
Perth will host the opening Commonwealth Bank Test in November, with Australia to take on South Africa at the WACA Ground - the first time Perth has had the opening Test of the summer since it hosted Zimbabwe in 2003.
Perth-based junior miners MOD Resources, Primary Gold and Alloy Resources have announced plans to raise a combined $10.4 million to fund ongoing work at their respective projects
Major construction works at the new independent public secondary school Fremantle College is set to be performed by Perkins Builders under a $22.9 million contract.
Australia's corporate regulator will have a new commissioner with a special focus on prosecutions in the financial sector as part of a boost to its capabilities and funding.
BHP Billiton has cut its iron ore production target for the second time this year, on account of lower expected output at its operations in the Pilbara.
Gold rose as much as two per cent, silver hit a 10-month high and platinum climbed to its highest in six months, as the US dollar weakened after US data came in below forecasts.
Justin Miller’s wearable technology company Nuheara has received over $500,000 in pre-orders for its IQbuds product, which is expected to hit the market before the end of the year.
Treasurer Mike Nahan will embark on a regional pitch for the sale of Fremantle Ports, today revealing that the package could include a redevelopment of the passenger terminal, and a long-term fund to pay for infrastructure at the future outer harbour.
Perth-founded stock investing platform Simply Wall St has been ranked as Techboard's top startup for the past fortnight, making it the first ever company to have topped the ranking twice after having previously topped the list in December last year.
A report into Perth Lord Mayor Lisa Scaffidi's travel scandal is in its final stages and will be released publicly, Local Government Minister Tony Simpson says.
Perth-based technology company DTI Group has won a contract to supply its CCTV surveillance systems on light rail vehicles in the US city of Dallas, Texas, with the value of the deal worth up to $11.6 million.
Chevron has signed a domestic gas sales deal with energy retailer Alinta Energy for the supply of about a quarter of planned production from its Wheatstone project near Onslow.
