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At the core of AAP Newswire is our unbiased, 24/7 breaking newswire that feeds the latest news from Australia and the world. Supported by over 200 journalists, AAP Newswire provides the news that matters.

Aust shares fall as profit results pour in

Australian shares have fallen across almost right across the board as investors react to local profit results in the absence of strong offshore leads.

Oil edges up on output cut hopes

Oil prices inched up overnight as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts from major producers could tighten global crude supply.

Gold down in thin holiday trade

Gold prices have eased in a thin volume trade as risk appetite improved after China took further efforts to limit the economic impact from the coronavirus outbreak.

Aust stocks rebound to finish almost flat

The Australian stock exchange has bounced back from its early losses to finish the day nearly flat as the big banks dragged on the market.

Holden demise 'huge blow' for dealerships

Car dealers are reeling from the "huge blow" of General Motors retiring the Holden brand in Australia, as the peak dealership group calls for regulations to protect businesses.

NAB, Bendigo flag $1bn raisings

Bendigo and Adelaide Bank has launched a $300 million capital raising and slashed its interim dividend as rising costs weigh heavily on its first-half result, while NAB says it will raise about $750 million to refinance debt, as it seeks to meet toughened capital requirements.

Aust shares open weaker with banks down

Australian shares have opened weaker amid investor caution after a strong end to the last week.

Oil rises on hopes demand will rebound

Oil prices rose over 1 per cent on Friday, posting their first weekly gain since early January.

Gold poised for a weekly gain amid virus

Gold prices rose to the highest level in more than a week on Friday, on track for a weekly gain, as investors bet on the safe-haven metal to hedge against the economic impact of the coronavirus outbreak.

Australian market just misses new record

The Australian share market has closed higher for a fourth day, with the benchmark index finishing just under a record closing high set three and a half weeks ago.

Jan Cameron charged over Bellamy's stake

The corporate watchdog has charged former Bellamy's director Jan Cameron over the alleged masking of her stake in the infant formula business via a mysterious Caribbean-based associate.

Australian stocks off to a cautious start

Australian stocks have crept just above a flatline in cautious end to the week following mixed offshore leads.

Oil prices climb on prospects for cuts

Oil prices edged higher overnight as investors hoped the world's biggest producers would cut output more.

Gold rises as virus victims mount in China

Gold prices jumped overnight to their highest in more than a week after a sharp increase in the number of new coronavirus cases in China renewed fears over global economic impact and persuaded investors to seek lower-risk assets.

Virus infects Aust stock market surge

The Australian share market has closed marginally higher after fears from the Covid-19 coronavirus cast a pall on a record-setting day.

Newcrest's HY underlying profit rises 18%

Newcrest Mining has posted an 18 per cent rise in underlying half-year profit, getting a boost from higher realised gold prices and a weaker Australian dollar.

AGL Energy grows its WA presence

AGL Energy has achieved a 37 per cent rise in the number of Western Australian customers buying its gas, as it continues to eat into the market share of Alinta Energy and Kleenheat.

Green light for $15bn Vodafone TPG merger

A $15 billion merger between Vodafone Australia and TPG Telecom has been given the green light in the federal court, but the consumer watchdog says it will cause mobile data prices to rise.

Woodside defers Browse LNG decision

Woodside Petroleum has deferred a final investment decision on the giant Browse gas project as it deals with the complexity of the planned development and unresolved commercial differences with its partners.

Telstra first-half profit dips on NBN, fires

Telstra has reported a 7.6 per cent drop in first-half profit to $1.14 billion - in line with guidance and expectations - with bushfires and the ongoing NBN rollout weighing on the telco's bottom line.

Couche-Tard ups Caltex bid

Caltex stocks jumped more than three per cent in early trade after it received a improved $8.8 billion buyout proposal from Alimentation Couche-Tard to acquire all its shares at an indicative price of $35.25.

South32 posts 80% fall in H1 profit

South32 has reported an 80 per cent plunge in half-year underlying profit due to a temporary tax increase and lower prices across key commodities

Australian stocks surge after US rally

Australian shares have dived right after reaching a record high following news of a big jump in coronavirus deaths and infections in China.

Oil rises as demand worries ease

Oil prices rose over 3 per cent overnight as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover.

Gold subdued amid abating virus fears

Gold prices eased to a near one-week low overnight as risk sentiment improved after a drop in the number of new coronavirus cases comforted markets that the epidemic's effects could be contained.

Strong CBA earnings power ASX higher

Stellar results from Commonwealth Bank have pushed the Australian share market higher for second day, even as the mining sector lost ground.

Blackmores stock slumps 23% on virus hit

Vitamin company Blackmores has scrapped its interim dividend and slashed its full-year profit guidance, blaming it on adverse costs and the coronavirus outbreak.

CBA's first-half boosted by mortgage surge

Commonwealth Bank of Australia's mortgage lending surge has underpinned an expectation-defying first-half result, even as the lender feels the heat from regulatory costs and a bushfire-related rise in loan impairments.

Australian stocks lift on positive news

The Australian share market is powering along after positive offshore leads and good local news from market heavyweights CSL and Commonwealth Bank.

Oil rises on slowing number of virus cases

Oil prices have edged up from 13-month lows as the number of new coronavirus cases slows in China, easing some concern over the potential for lengthy oil demand destruction.

Gold slips on US dollar, risk sentiment

Gold prices have dipped as the US dollar held firm and investors opted for riskier assets after a fall in the number of new confirmed cases of coronavirus in China eased some of fears over global economic impact.

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Woodside defers Browse LNG decision

Woodside Petroleum has deferred a final investment decision on the giant Browse gas project as it deals with the complexity of the planned development and unresolved commercial differences with its partners.

Fortescue posts near four-fold profit rise

Fortescue Metals Group has reported a near four-fold jump in first-half profit as it cashed in on higher iron ore prices, while analysts said a lower than expected dividend reflected caution on the global economy.

Accounts scandal hits Boral, CEO to leave

Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.

Holden demise 'huge blow' for dealerships

Car dealers are reeling from the "huge blow" of General Motors retiring the Holden brand in Australia, as the peak dealership group calls for regulations to protect businesses.

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Holden demise 'huge blow' for dealerships

Car dealers are reeling from the "huge blow" of General Motors retiring the Holden brand in Australia, as the peak dealership group calls for regulations to protect businesses.

Mid West native title deal signed

The Yamatji Indigenous community has celebrated a landmark economic package and native title recognition for more than 100,000 hectares of land in Western Australia’s Mid West.