Business

Origin Energy has sought to soften the blow from its massive writedown by raising its forecast for underlying profit.

Origin takes $1.9b hit on oil slump

The fall in the oil price has prompted Origin Energy to slash $1.9 billion off the value of its assets, primarily for its gas export project in Queensland.

Helping to nudge the iron ore price higher was a new round of speculation China will close more of its heavily polluting ...

Day traders? Taxi drivers? Iron ore making little sense

Day traders in China? Taxi drivers in Dalian? Take your pick, but either way the sustained surge in the iron ore price has caught the smart money by surprise while giving a second wind to a group of second tier iron ore miners which have been struggling with busted balance sheets and bloated costs to stay afloat.