LNG hub could be a $30b project An agreement by Woodside Petroleum's joint venture partners to the proposed site for an LNG hub has opened the way for a $30 billion project,...
Joyce's "loose" tongue irresponsible Barnaby Joyce is putting the economy at risk when he uses "fast and loose" language about Australia's sovereign debt, Prime Minister Kevin Rudd says.
China discloses buying spree in US China's giant sovereign wealth fund revealed it has accumulated stakes totaling $US9.6 billion ($A11.1 billion) in major US companies including Coca-Cola, Apple and Goodyear following...
Govt rethinks $5m misconduct penalty The federal government has backed down on a plan to slug corporations and individuals up to $5 million for market misconduct.
Macquarie shares slump 6% Macquarie Group Ltd shares fell about six per cent after the investment bank disappointed investors with a cautious profit forecast and short term outlook.
BOQ raises $850m through RMBS issue Bank of Queensland raised $850 million from an increased residential mortgage-backed securities (RMBS) offering to domestic investors.
Stocks to watch Stocks of interest on the Australian stock exchange at close:
$A closes higher on rates speculation The Australian dollar closed higher on Tuesday as risk appetite improved and traders continued to speculate about further interest rate rises in Australia.
ASX dragged lower by banks The ASX closed weaker after Macquarie Group disappointed investors and as concerns about Europe's sovereign debt flowed through to local bank stocks.
Market Wrap Across Asia, all regional markets are in positive territory, with gains led by material producers and energy stocks, after confidence was boosted by solid US...
RBA rates rises kept system stable: BIS Increases to interest rates by the Reserve Bank of Australia earlier in this decade helped maintain stability in the financial system, a BIS official says.
Financial stability the challenge: RBA Ensuring the stability of the financial system will be one of the major challenges in this decade and beyond, Australia's central bank officials say.
OZ Minerals positive about Prominent OZ Minerals says its Prominent Hill copper and gold mine in SA is expected to deliver a net profit of $190 million to $210 million...
Woodside in three-way talks on Browse Woodside Petroleum is in talks with at least three parties, including a Chinese entity, about gas sales from the Browse LNG project in Western Australia.
Dollar lower at noon, bonds firmer The Australian dollar was lower at noon, as weak equity markets dragged high-yielding currencies such as the Australian unit down in morning trade.
Sharemarket down 1% at noon The ASX was suffering from broad-based weakness in trading by noon, with European sovereign debt concerns proving a counter to positive local results.
Alumina says worst over after $26m loss Alumina Ltd has forecast a better year in 2010 after saying it has come through the industry's worst yet period with a $2 million underlying...
Optus profit up as mobiles grow Continued growth in mobile revenues saw Optus achieve a 15.7 per cent rise in third quarter net profit.
Australand profit down 31% Australand Property Group has posted a 31 per cent fall in calendar 2009 operating profit and says it expects to see a similar result this...
Cochlear expects FY10 growth of 15% Hearing implant company Cochlear Ltd expects its net profit for fiscal 2010 to grow at least 15 per cent as it continues to roll out...
David Jones increases earnings guidance David Jones has sharply increased its earnings guidance and flagged higher dividends, after improved consumer confidence helped lift its first half sales.
Bradken H1 profit falls 26.4% Mining and engineered products provider Bradken Ltd is looking forward to an improvement in trading conditions after a sharp decline in first half profit.
Reckon reports 20% increase in profit Software group Reckon reported a strong start to 2010 and is well placed to grow market share in the US, after posting double-digit growth in...
Aussie market to open lower The Australian stock market has received a mixed set of leads from overseas markets, with Wall Street's main indices themselves mixed but oil prices higher.
US stocks close below 10,000 US stocks were lower but trading in a tight range as investors remained wary about the strength of the economic recovery and mounting sovereign debt...
Dollar opens slightly higher The Australian dollar opened slightly higher on Tuesday as currencies remain in narrow ranges in subdued trade.
Energy prices climb amid US winter storm Oil and other energy prices climbed as another winter storm was expected to dump even more snow on the US east coast and lift demand...
Wall Street lower in hesitant trade US share prices swung lower in opening trade on Monday as markets reopened after a rocky week for global bourses amid fears of debt problems...
India sees 7.2 percent growth India's economy should expand by 7.2 per cent this fiscal year, the government forecast on Monday, as growth heads back to the robust levels seen...
Cold weather drives energy prices up Energy gas prices climbed on Monday as another winter storm was expected to dump even more snow on the US East Coast.
Investment expectations on the rise Capital investment expectations for the June quarter have risen to the highest level in seven years, a survey shows.
Xstrata sees renewed commodities boom Xstrata reported a 41 per cent drop in its annual profit in 2009 and pinned its hopes on a renewed boom in commodities demand in...
Big banks 'to retain AA credit rating' The big four banks will retain their double-A ratings following the government's decision to withdraw the wholesale funding guarantee, Standard & Poor's says.
Xstrata stops production at Tahmoor mine Xstrata Coal will stop production at its Tahmoor mine in New South Wales and lock-out the operation's employees for one week due to ongoing strike...
BHP, Rio to show financial crisis damage The fallout from the global financial crisis is expected to be seen dragging on the profits of mining giants BHP Billiton Ltd and Rio Tinto...
Petrol prices still falling: survey Despite a falling Aussie dollar, the petrol price has continued to drop, with the national average cost of unleaded now $1.24 a litre.
Stocks to watch Stocks to watch on the Australian stock exchange at close.
NAB talks with AXA SA can proceed The way is open for NAB to negotiate with AXA SA for the takeover of AXA APH, after AMP's exclusivity agreement with the French life...
CBio hopes to list on ASX on February 10 Brisbane-based drug developer CBio Ltd expects to list on the Australian stock exchange (ASX) next week after raising $7.1 million through a public share sale.
Market gains ahead of BHP, CBA earnings The Australian share market has closed marginally higher ahead of key earnings reports by heavyweights BHP Billiton, Rio Tinto and CBA later in the week.
CBA funding will be key to future growth Analysts will want to see how Commonwealth Bank will diversify its funding sources to maintain growth, when it announces its first-half results on Wednesday.