Gold prices have risen to within striking distance of a 10-week high as some investors breath easier after the Federal Reserve stuck to a dovish monetary policy while others buy the precious metal amid worries about Iraq.
US stocks jumped to fresh records this week as the Federal Reserve's promise of continued low interest rates offset turmoil in Iraq that lifted oil prices.
Nickel and gold explorer Duketon Mines has outlined plans for a $6 million initial public offering in what will be just the second float by a Western Australia-based resources company this year.
Plans to open a Café Del Mar restaurant in Western Australia will not be derailed by a legal fight over who owns the trademark, according to the managing director of the Australian arm of the music-themed eatery.
Regional Development Minister Terry Redman has appointed Paul Whyte to the position of acting director general at the Department of Regional Development.
Property services and engineering company UGL has clarified that it intends to return surplus net proceeds from the sale of DTZ to shareholders following completion of the transaction and after the pay down of debt.
In this week's edition of Business News Background, news editor Mark Beyer and head of content Mark Pownall discuss the St Vinnies CEO Sleep Out, Baosteel and Aurizon's aggressive takeover bid for
Perth gold company Resolute Mining has announced a new 1.28 million ounce gold resource for its Buck Reef West deposit near the Ravenswood processing facility in Queensland.
Perth civil engineering firm Macmahon Holdings has mobilised the world’s most powerful raise drilling machine after securing a $5 million contract at BHP Billiton's Olympic Dam mine in mine in South Australia.
Westfield will leave its Australian shopping centres behind in search of growth opportunities overseas after winning a tough shareholder battle over its $70 billion restructure.
Gold prices have posted the biggest daily gain in nine months, driven by investors who were caught flat-footed by the Federal Reserve's outlook for continued low interest rates.
The S&P 500 has edged to a new record as investors weighed solid economic data with ongoing violence in Iraq that pushed oil prices to a new nine-month high.
Oil prices have soared on escalating violence in Iraq, as government troops recaptured a major refinery and the US said it was sending in military advisers to train Iraqi forces.
Developer Ascot Capital has appointed national construction company Probuild to build its apartment development at 108 Bennett Street in East Perth, with construction expected to kick off in coming
GDF Suez and Santos have moved away from developing their Bonaparte joint venture project as a floating liquefied natural gas project, saying they will now consider other options, including helping expand Inpex’s Icthys LNG project.
Stockland boss Mark Steinert has indicated the company may not increase its $2.5 billion bid for rival property developer Australand to match a higher bid from Singapore.
A major shake-up in the national child care industry has resulted in the owners of five Western Australian chains reaping an estimated $150 million from the sale of their businesses this year.
Western Australia has maintained the country's fastest annual population growth rate of 2.9 per cent, however the rate of growth has slowed compared with last year’s figures.
