Gold has risen to its highest in nearly two weeks as the US dollar fell in the wake of disappointing US economic data that raised doubts over a Federal Reserve interest rate rise this year.
Major US internet company shares have fallen after the top EU court ruled in a case involving Facebook that an agreement on cross-Atlantic data transfers was invalid for privacy reasons.
Perth-founded online design company Canva has raised $US15 million ($20.8 million) from venture capital investors and Hollywood stars in a deal that values the business at $US165 million.
KPMG’s Energise accelerator has delivered an immediate return for the eight start-up companies participating in the program, with pilot projects and prizes worth more than $650,000 being awarded.
The share market has gained ground for a second straight session as confidence in China's economy strengthens, and a weaker US dollar benefits resources companies.
New car sales in Western Australia have continued the 2015 trend of slipping further away from the national increase, with sales down 8.8 per cent in September.
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NRW Holdings has had a legal win over Samsung C&T, with the Supreme Court upholding a $17 million adjudication in favour of the Perth-based contractor.
Quick-service noodle restaurant franchiser Noodle Box looks set to gain a much greater presence in Western Australia after reaching an agreement to acquire competitor Wok in a Box.
The chances of an interest rate cut before Christmas are diminishing, with the Reserve Bank of Australia still on hold and barely changing its commentary from a month ago.
The weak state of the residential property market in Perth has been highlighted by new data from the Real Estate Institute of WA showing a further decline in the median house price and a sharp jump in the number of vacant rental properties.
Local software and technology development company Investia Technologies is seeking an ASX listing through a reverse takeover of Advanced Engine Components.
The Australian share market has climbed more than one per cent in early trade, following strong cues from US and European equities, on hopes of a delay in a US Federal Reserve rate increase.
Oil prices have rallied, following equity markets higher and still finding support from a drop in US drilling activity that could ease the global oversupply.
US stocks have powered higher, joining European equities in rallying on confidence the Federal Reserve will delay hiking interest rates in light of some poor economic data.
Gold was little changed, as profit-taking set in after rallying on US economic data that pushed back expectations of a Federal Reserve interest rate rise to early 2016, while silver extended gains on chart-based buying.
Following a board reshuffle this morning, Perth-based online education provider iCollege has a new chairman and chief executive, with the size of the board reduced to three.
Thirteen peak industry groups in Western Australia have backed the establishment of an infrastructure advisory group, in a move designed to give the business sector a unified voice and more weight in policy setting.
The Corruption and Crime Commission has found City of Perth Lord Mayor Lisa Scaffidi “signally failed in her duties” by not disclosing gifts and travel contributions from BHP Billiton and Hawaiian.
