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Shares close 12pts lower

The share market has closed slightly lower as investors contemplate the ongoing war of words between US President Donald Trump and North Korea.

More overseas companies joining the ASX

The company behind the Australian Securities Exchange believes it has found the global 'sweet spot' for attracting companies to list on the local market.

CBH fined after finger amputation

Grain co-operative CBH Group has been ordered to pay more than $40,000 after insufficient guarding on machinery led to a worker being so badly injured she had to have one finger amputated.

Kathmandu lifts profit by 14%

Adventure gear retailer Kathmandu's annual profit has risen 13.5 per cent, thanks to strong sales, innovative products and cost cuts.

Shares open 8pts higher

The Australian market has opened slightly higher, with investors seemingly shrugging off the risk aversion shown in Wall Street's negative lead.

Oil hits highest since July 2015

Oil prices have soared more than three per cent, with Brent hitting its highest in more than two years, after major producers said the global market was on its way to rebalancing, while Turkey threatened to cut oil flows from Iraq's Kurdistan region toward its ports.

Gold rises on safe-haven buying

Gold prices have risen, reversing earlier losses as geopolitical risks drove safe-haven buying.

Shares close 26pts higher

The Australian share market has broken a three-day losing streak as some buyers returned to the market despite negative overseas leads, however volumes were muted with no strong theme directing trading.

Seven West and Prime marriage talks falter

Talks between Seven West Media and regional broadcaster Prime over combining their assets into a single media company have ended with the two unable to come to an agreement.

Shares open 13pts higher

The Australian share market has rebounded and is solidly higher a day after hitting a seven-month low.

Oil flat amid unease ahead of OPEC meeting

Oil prices have settled nearly flat on the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the global crude glut.

Gold falls on Dec rate hike expectations

Gold has fallen about one per cent to its lowest in nearly four weeks, shrugging off further weakness in the US dollar, after the Federal Reserve signalled it was on track to raise US interest rates again in December.

Shares close 53pts lower

A third straight day of falls has taken the Australian share market to its lowest level in more than seven months.

CBA sells life insurance business for $A3.8bn

Commonwealth Bank of Australia has sold its trans-Tasman life insurance businesses, CommInsure Life and Sovereign Assurance, for $A3.8 billion ($4.15 billion) to global insurer AIA Group.

Seven completes $375m raising

Seven Group Holdings has raised $375 million to help it buy the remainder of equipment hire company Coates Hire, and plans to tap investors for a further $25 million.

Shares open 5pts lower

The Australian market has opened slightly lower, ignoring a positive lead from Wall Street overnight as markets reacted to the prospect of a US rate hike later this year.

$A slips, but still above 80 US cents

The Australian dollar is still above 80 US cents despite slipping a little against greenback after the US central bank released its statement following its two-day policy meeting.

Oil up 2% despite US crude build

Oil prices have lifted two per cent despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 years after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.

Gold falls 1%, hits 3-wk low after FOMC

Gold prices have fallen one per cent after the US Federal Reserve left interest rates unchanged but signalled it still expected to raise interest rates by year-end.

Shares close 4pts lower

The share market recovered most of the ground lost in a poor start to the day but has still closed marginally lower, as weaker iron ore prices weighed on the mining sector.

WA considers minimum price on alcohol

The state government is considering enforcing a floor price on takeaway booze to stop people getting drunk on cheap alcohol, but the opposition says it is a cost impost on households and red tape burden on businesses.

ACCC concerned regulations boost big banks

The competition watchdog has expressed concern that big four bank profits are being boosted by regulation rather than the lenders' own performance.

Seven Group buys out Coates Hire

Kerry Stokes' Seven Group Holdings has announced it will buy the remaining half of its stake in equipment hire company, Coates Hire, for $517 million.

Remuneration boost for Goyder, Mackenzie

Wesfarmers managing director Richard Goyder landed a $12.1 million pay packet in his final full year in charge of the Coles and Bunnings operator, while BHP Billiton chief executive Andrew Mackenzie also lifted his total income, but he remained a long way short of the Perth businessman.

Aust shares open lower

The Australian market has opened weaker with falls across most sectors as investors wait for the outcome of the two-day US Federal Reserve policy meeting.

$A follows US stocks higher

The Australian dollar has followed US stocks higher as as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.

Oil prices back away from recent highs

Oil prices ended lower on Tuesday, retreating from near five-month highs ahead of a meeting between key oil producers on the outlook for further supply cuts.

Gold prices rise as greenback retreats

Gold rose from the previous day's two-week low as the US dollar slipped ahead of a Federal Reserve meeting that is expected to provide more clues on the pace of US monetary tightening.

Shares up 25.6pts

The Australian share market has closed higher as investors rotate from the mining sector into the big banks as expectations of interest rate hikes strengthen.

ACCC tells car makers to lift their game

The consumer watchdog says some car manufacturers could be breaching Australian consumer law by leaving dealers high and dry over customer complaints.

TPG boosts profit, warns of NBN pressures

Shares in TPG Telecom have soared after the fourth-ranked internet player beat its earnings forecast and delivered a 9 per cent lift in full-year profit.



Scaffidi disqualified for 18 months

Perth lord mayor Lisa Scaffidi has been disqualified from holding any office for 18 months after failing to disclose gifts and travel, but her lawyer will seek to halt the penalty pending an appeal.

Forrest calls on ARU chairman to quit

Andrew Forrest has called on Cameron Clyne to resign, claiming the ARU chairman misrepresented the reasons he chose to axe the Western Force.

Qantas to reroute, upgrade flights

Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.

ARU to face Senate inquiry for axing Force

A Senate committee will inquire into the future of rugby union in Australia, a day after the ARU's victory in its fight to axe the Western Force from Super Rugby.

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Forrest calls on ARU chairman to quit

Andrew Forrest has called on Cameron Clyne to resign, claiming the ARU chairman misrepresented the reasons he chose to axe the Western Force.

Company fined $70k for skylight fall injury

A roofing company has been fined $70,000 after a labourer was seriously injured when he fell five metres through a skylight in Bicton.

Qantas to reroute, upgrade flights

Qantas is changing one of its most popular routes and upgrading the aircraft on another key service as part of a five-year extended partnership with Emirates.

Crowdfunding sought for WA GST legal fight

A Western Australian Liberals-led High Court challenge over the state's GST share will be partly financed by crowdfunding.