NAB Says RBA Must Put Up Rates
The National Australia Bank has repeated its warning of two interest rises, starting with one next week.
Read MoreThe National Australia Bank has repeated its warning of two interest rises, starting with one next week.
Read MoreWorld gold prices are at multi-year highs. Copper, zinc and lead are doing well, especially copper. Other precious metals are surging. Oil is strong but the list of Australian mining companies being battered by cost and operational concerns continues to grow.
Read MoreListed investment manager, Perpetual, got caught by the credit freeze, it's also been caught by the sharp surge in resource stocks since August that has left the broader market behind (with the exception of isolated stocks like JB Hi-Fi).
Read MoreJames Hardie Industries (JHX) joined a string of high-profile companies afflicted by the US housing crisis, after it said it plans to suspend production at its US plant in response to the current US housing market conditions.
Read MoreTerritory Resources (TTY) rose by as much as 24% today after the Australian resource company said it had discovered further high grade iron ore at its Frances Creek project in the Northern Territory.
Read MoreCoziron Resources (CZR), a Western Australian – based company, looks set to diversify its base metal exploration activities, after signing an agreement to acquire a 60,000 litres per day ethanol plant in Malaysia.
Read MoreBreakaway Resources (BRW) rose by as much as 17% today after the nickel and base metal resource company said ongoing drilling at a newly discovered zone at its Scotia Nickel Project, located 65 kilometres north of Kalgoorlie in Western Australia, had returned a broad intersection of nickel sulphides.
Read MoreInternational mining giant, Xstrata, is continuing to try and get its hands on a significant Australian nickel play.
Read MoreShareholders in building products group, Boral and stockfeeds producer, Ridley Corporation took away gloomy messages from yesterday's AGMs which neatly sum up some of the major negatives confronting quite a few companies, and more if you extend their messages a little wider.
Read MoreThe Australian dollar and the price of the world's key marker crude oil, West Texas Intermediate, are seemingly locked in a struggle to see who will get to the 100 figure first.
Read MoreNot the best of times to be spending weak US dollars in a strong currency economy like Australia, or for repatriating money from overseas.
Read MoreJubilee Mines (JBM) rose by as much as 42% today after Swiss mining giant Xstrata made a $3.1 billion bid for the Western Australian mining and minerals exploration company.
Read MoreShares in Otto Energy (OEL) rose by 11% today after the Australian oil and gas company announced that it had acquired an 18% interest in the Galoc Oilfield in offshore Phillippines from Goloc Production Company.
Read MoreShares in Perseverance Corporation (PSV) rose by as much as 35% today after it announced that Northgate Minerals is making a bid to acquire the Australian goldminer, valuing it at $282 million.
Read MoreYesterday, China Yunnan Copper Australia (CYU), a Queensland copper, gold and uranium explorer, ended its first day of listing on the ASX at 72 cents, almost tripling its listing price of 25 cents after closing its initial public offering (IPO) heavily oversubscribed and three weeks ahead of schedule.
Read MoreAustralian biotechnology company Eqitex (EQX) rose by as much as 67% today after it announced that it has finalised its move into the resources sector via the purchase of interests in three mineral permits in Indonesia.
Read MoreAustralian copper and gold company Oxiana (OXR) fell by 12 cents at one point today on the news that the rising price of materials and labor will lift costs by 30 percent for the company's new mine at the Prominent Hill project.
Read MoreInvestment management company Perpetual (PPT) announced at its AGM today that it expects a 10% increase in operating profit for the first six months of the financial year, below market expectations.
Read MoreThe Aussie dollar finished at 91.84 US cents in New York early Saturday, and despite what investors might be avoiding admitting to themselves that's 'ouch' territory.
Read MoreGold rose to the highest level since 1980 after crude oil surged to a record and the dollar fell to the lowest ever against the euro as US-engineered tensions with Iran bubbled over into financial markets..
Read MoreUS markets shrugged off oil above $US92 a barrel as they looked to this week's two-day Fed meeting for another rate cut.
Read MoreWho is right about the Cooper Basin oil reserves, Santos, which is cutting back its ambitious in-fill program because it can't find any more, or Beach Petroleum, which is confident of finding more?
Read MoreIndia is emerging, China has well and truly done so, and other Asian economies, outside of Japan, are still on solid growth paths.
Read MoreIndia already means more to many Australians than tourism, cricket and Bollywood movies.
Read MoreThe market punished the ANZ yesterday, despite reporting its highest ever profit.
Read MoreA serviceable result from the Ten Network at the end of a difficult year for the country's third commercial TV network.
Read MoreThe prospects for another US Federal Reserve interest rate cut have increased with the news that sales of existing homes in the US fell 8% last month to the lowest rate on record.
Read MoreA near doubling in sales revenue from its growing BCF (Boating, Camping Fishing) division has helped Supercheap Auto Group to a near 17% increase in first quarter sales
Read MoreLong suffering shareholders in Amcor have been told there is light at the end of the tunnel that will mark the end of years of entanglement in the nasty Visy cardboard carton cartel, and serial underperformance.
Read MoreThe chances of Woolworths revealing some significant capital management moves to benefit shareholders have risen with the reports the retail giant has dropped its ambitions to get its hands on some of the retail assets of rival, Coles Group.
Read MoreMiner Oxiana has shaken off a somewhat surprising fall in mining volumes for copper and gold at its Sepon project in Laos in the third quarter.
Read MoreClothing and bedding group, Pacific Brands (PBG), is on most broker watch lists for possible earnings trouble.
Read MoreA cautious first quarter sales report from the country's biggest retailer, Woolworths, but one that makes clear the retail boom we've been experiencing since the start of the year is alive and well and high petrol prices are no longer a hindrance; while inflation seems to be easing for the retail giant.
Read MoreBHP Billiton missed some analysts' forecasts with its first quarter production figures yesterday, thanks in part to problems in the Australian coal infrastructure chain and maintenance work that cut output.
Read MorePrimary Health Care has attempted to throw a spanner into the proposed second merger deal between Healthscope and Symbion.
Read MoreOil and gas explorer, Anzon Australia, has chosen ARC Energy as its prospective merger partner, rejecting once again rival Nexus.
Read MoreThe gambling business isn't all what it is cracked up to be.
Read MoreLess than a week after shocking the market with a profit downgrade, the board of AGL Energy (AGK) has done the right thing and got rid of CEO, Paul Anthony, who promised much but delivered little.
Read MoreThe strong Australian dollar will have a direct impact on the Consumer Price Index figures when they are released on Wednesday.
Read MoreOur market could be down more than 2% at the opening today in the wake of Wall Street's Black Monday echo.
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