Shares extend their rally into the ninth session, helping push the benchmark ASX 200 index above 5900 points for the first time in approaching six months, as solid gains in CSL and the supermarket owners offset selling in banks and miners.
Shares extend their rally into the ninth session, helping push the benchmark ASX 200 index above 5900 points for the first time in almost six months.
Roy Price resigned as the head of Amazon's movie and TV studio after a producer detailed her allegations of sexual harassment in a news report.
CSL chairman John Shine says 88 per cent of shareholders have agreed to vote or the company's revamped remuneration report after shareholder backlash over excessive executive pay.
The US market regulator has charged mining company Rio Tinto and two of its former top executives with fraud for inflating the value of coal assets acquired for $US3.7 billion ($4.65 billion) and sold a few years later for $US50 million.
A tough New York real estate market, a $US25 million lawsuit settlement and the costly presidential campaign all contributed to the decline, Forbes Magazine says.
How will markets react to falling iron, steel, cooking coal, copper and gold? (This video was produced in commercial partnership between Fairfax Media and IG Markets.)
Global miner BHP Billiton reported a 4 per cent drop in quarterly iron ore output following a fire at its Mount Whaleback mine in WA in June, but said it still expects to hit its annual production target.
Futures suggest that the Australian share market will open lower on Wednesday ending the hot streak it had over the past eight trading sessions.
Rising stock markets have been kind to Goldman Sachs. The investment bank's quarterly profit rose 2 per cent to $US2.1 billion.
The story goes that ASIC chairman, Greg Medcraft, was about to hand in his badge as Australia's top corporate cop in April last year – with just one week left in office – when he heard his tenure was being extended another 18 months.
Mark Carney reaffirmed that the Bank of England is close to its first interest-rate increase in over a decade.
The Dow Jones Industrial Average passed another milestone, topping 23,000 for the first time, amid rising earnings.
James Shipton says success for him will be a nimble, proactive and inquisitive corporate regulator. As the new chairman of the Australian Securities and Investments Commission it is a massive ambition.
Households will be slightly better off under the reinvented energy and emissions policy.
Under a new scheme called Thrive, newly arrived refugees and migrants can access up to $20,000 each to kickstart their business.
Labor premiers say the plan is a capitulation to Tony Abbott and victory for the coal industry.
The national energy guarantee will do what each of the other schemes would have done.
Not since 2012/13 have so many Australians been unhappy with their phone and internet service.
Not since 2012/13 have so many Australians been unhappy with their phone and internet service.
Diversified property giant Lendlease has sold a quarter of its retirement living business.
Telstra chairman John Mullen expects the company to maintain or increase the total dividend over time as earnings grow.
Brambles faces a fresh challenge in the shape of a potential $100 million class action over alleged failures to keep investors informed.
British billionaire Sanjeev Gupta is believed to be considering whether Rio Tinto's Australian and New Zealand aluminium assets would make a suitable addition to his local portfolio.
Marie Kruss had a bone to pick with Telstra at the company's annual general meeting.
ANZ Bank has retreated from wealth management, selling up for $975 million.
Concerns over investor activism are rising as new energy policy sees power companies are obligated to include coal and gas in their generation mix.
The Turnbull government likes to call it an energy "trilemma" – how to meet the triple challenge of an affordable and reliable electricity system that also meets Australia's international obligations to cut emissions.
Investors poured into miners and banks on Tuesday, pushing the benchmark index further above its recent tight trading range.
The ASX builds on yesterday's five-month high with miners advancing solidly and ANZ inching higher after agreeing to sell its wealth business.
Complaints to the Telecommunications Industry Ombudsman by small businesses have risen 31.3 per cent this financial year.
Under a new scheme called Thrive, newly arrived refugees and migrants can access up to $20,000 each to kickstart their business.
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