Oil prices tumbled nearly five per cent overnight after an unexpected build in US crude stockpiles and on fears of slowing demand but halved their losses in post-settlement trade on talk that Saudi Arabia was mulling options to halt crude's descent.
Gold soared more than two per cent overnight to breach the $US1,500 ceiling for the first time in more than six years as investors rushed to safe havens, spooked by a host of uncertainties including US-China trade and a slowing global economy.
Galaxy Resources said it expects to record a non-cash impairment charge of between $US150 million ($222 million) and $US185 million ($274 million) for the first half of 2019, reinforcing the current bleak conditions in the lithium sector.
Western Power is seeking an order in the Supreme Court of Western Australia to recover its costs from a class action following the Parkerville bushfire in 2014.
West Perth-based Serpentine Technologies is seeking to raise $7 million to fund its acquisition of K-TIG and enable growth of the company’s welding-as-a-service business model.
The attributes needed to build a good working relationship are the same in school settings as they are in business, says Wesfarmers chairman Michael Chaney.
Australia’s chief financial officers have become less optimistic about the Australian economy in the past year, citing concerns about global and local economic conditions, including the rising trade tensions between the US and China.
OPINION: Determining the ideal classroom size is arguably the number one topic on the long list of thorny education issues to have divided policymakers, academics, school leaders, teachers, parents and even students over the past 50 years.
The Australian dollar has hit a 10-year low against the US dollar after New Zealand's central bank cut the country's cash rate by a larger than expected 50 basis points.
Curtin University and the University of Western Australia rank in the top ten universities in Australia, with Curtin jumping from 16th position to ninth in the past year, according to the Center for World University Rankings.
Commonwealth Bank of Australia full-year profit has fallen 4.7 per cent to $8.49 billion after the nation's largest lender took a $1.2 billion royal commission-related hit.
Oil prices fell more than one per cent overnight, with Brent crude settling near seven-month lows below $US60 a barrel as trade tensions between the US and China intensified worries about weakening global demand.
Gold prices strengthened overnight, consolidating near the highest in more than six years as an intensifying US-China trade war threatened global economic growth.
HBF has sold the Friendlies Pharmacy master franchise, under which 31 Western Australian pharmacies currently operate, to Pharmacy 777 and agreed to partner with the buyer to provide preventative health services to its members across the stores.
Australia's share market has been hammered for a second straight day as it emerges as one of the biggest losers from the intensifying US-China trade war.
Shares in Australia's big three iron ore miners have broadly stabilised today after suffering big falls in recent trading sessions, in line with a dramatic collapse in the iron ore price, which is down more than $US23 per tonne since its peak last month.
The Reserve Bank has held the cash rate at a record low 1.0 per cent amid what governor Philip Lowe called "increased" uncertainty for the global economy.
Macmahon Holdings and Newcrest Mining are heading towards a legal battle, after talks over a mining services contract dispute at the Telfer gold mine fell through.
Property group BWP Trust has reported a 7 per cent fall in full-year profit but will still pay shareholders a special dividend, after selling four properties vacated by Bunnings for about $72 million.
Perth biotech Phylogica today announced positive test results from its drug delivery technology, but the news was not enough to sustain a rally in the company's shares, which have risen 33 per cent over the past week.
Ausdrill subsidiary African Mining Services has been selected as preferred open-pit mining contractor for West African Resources' Sanbrado gold project in Burkina Faso.
Lynas Corporation's licence to operate a rare earths processing plant in Malaysia appears set to be extended, though it could be for a shorter duration than the usual three years, two sources with direct knowledge of the matter say.
Global oil benchmark Brent futures fell more than 3.0 per cent overnight on global growth concerns after US President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world's two biggest buyers.
Gold surged 2.0 per cent overnight to its highest level in more than six years as a worsening US-China trade conflict prompted investors to dump riskier assets for safe havens, with a weaker US dollar supplying additional fuel for bullion's run.
