A dividend hike and a possible share buyback on the cards when global miner Rio Tinto releases its earnings early next month, after finalising deals to raise as much as $US3.8 billion from asset sales in recent months.
Shares in Rio Tinto surged from the opening bell with sentiment cheered by the sale of a further suite of coal mines which raises the odds of a buy-back or dividend hike.
An arm of the Chinese government has snapped up Rio Tinto coal mines in NSW for $US2.5 billion
BlueScope shares surged Tuesday thanks to a surprise profit upgrade as steel prices remained stronger than anticipated
China sentenced former hedge fund manager Xu Xiang to five-and-a-half years imprisonment for market manipulation, in one of the most high-profile cases following the 2015 market rout,??a court in the eastern city of Qingdao said in its official Weibo account.
The President of Guinea is disputing public statements made by Rio Tinto about the firing of a senior executive for a $US10.5 million payment made to the president's friend Francois de Combret.
Axiom Mining not daunted by recent upheaval in the nickel as Indonesia has eased export bans while the Philippines ramps up moves to force some producers to close.
Shares in Bega Cheese surged Thursday after it bought Vegemite and other local Kraft brands in a $460 million deal which takes it far from its roots in the dairy industry
Directors of troubled infant milk formula group Bellamy's Australia are ramping up their campaign against dissident shareholders after unmasking original backer Jan Cameron as standing behind a key block of shares in the company.
Jan Cameron, co-founder of Kathmandu retail chain, has been unmasked as the power behind the largest shareholder in troubled infant milk formula group Bellamy's Australia,
Troubled infant milk formula foundation shareholder Jan Cameron has no beneficial interest in Bellamy's Australia but her charity, the Elsie Cameron Foundation does.
Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.
It was a years-long effort that cost millions of dollars and required the leadership of a state-run corporate colossus. It was front-page news, widely discussed on talk shows and celebrated on social media.
The board of troubled infant milk formula group Bellamy's Australia is to pursue legal action in a bid to unmask the identity of the owner of a key block of capital in the company as it seeks to pushback against efforts to take board control of the company.
Shares in troubled infant milk formula group Bellamy's fell for a third straight day Friday with investor sentiment soured by the difficulties seen in reviving its fortunes.
Its shares have slumped by a third in just two days, but that isn't enough to whet the appetite of some analysts, who reckon the shares should decline another 20 per cent or so to bring them back to 'fair value'.
New Zealand dairy giant Fonterra is in the box seat to control the future of infant milk products group Bellamy's with an effective ''poison pill'' arrangement.
China's foreign currency holdings remained above $3 trillion in December even as the yuan capped its steepest annual decline in more than two decades.
Counterfeiting may be one of China's largest industries, worth 12 per cent of total exports.
What lies ahead for our major sectors, and related regulatory landscape, in 2017?
The largest shareholder in struggling dairy group Bellamy's Australia has moved to force out several of the company's directors – a move the board has rejected.
China's new rules on cash transactions and overseas transfers of yuan currency are not forms of capital controls, the state news agency Xinhua said, citing a central bank economist.
A Chinese court has jailed Sun Zhaoxue, the former president of state-owned metals producer Chinalco for 16 years for graft
Goldman is planning an initial public offering in Hong Kong, appealing to small investors - but it's not the Goldman they have know.
China must do more to deflate a property bubble that expanded this year by "strictly" controlling speculation while also stepping up the fight to rein in excessive corporate borrowing, a top economic official said.
Killing four empty hours at Guangzhou airport waiting for a China Southern connection to Sydney may not be everyone's idea of fun. For Gina Capella, it was a no-brainer.
Even after Trump's upset victory last month, China's appetite for the country's favourite companies is growing.
Casino stocks including Melco Crown have rebounded after the government of world's largest gambling market placed restrictions on ATM withdrawals that weren't as harsh as expected.
The bad news for James Packer's gaming empire, Crown Resorts, just keep coming, with the company's share price falling as much as 8 per cent on Friday amid concerns gamblers in Macau may soon have less cash to splurge.
A diplomatically explosive phone call between president-elect Donald Trump and the president of Taiwan risks provoking a cold war between the United States and China with potentially catastrophic economic and security implications for the region and the world, according to Bob Carr
Pale ales and festival beers and the return of the tinnie: these are the big winners of 2016
Those who exercise once or twice a week had a 30 per cent lower mortality rate than those who didn't at all.
Don't judge colleagues for not joining in.
It's not Trump, it's not taxes and it's not even interest rates.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
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