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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.

WA unemployment up to 6.1%

Western Australia’s unemployment rate was up a further 0.1 per cent in April, as 2,000 more people started looking for work.

ASX opens higher as only financials drag

The Australian share market has opened higher, led by energy sector.

Oil rises, shrugs off US crude build

Oil futures inched up overnight as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in US crude inventories.

Gold flat as share markets rise

Gold steadied on Wednesday as share markets rose but concerns about global economic growth and the US-China trade fight kept the metal supported near a one-month peak.

ASX moves higher as shares bounce back

The Australian share market has bounced back, recouping some of the losses from the previous day amid hopes that a deal was still within reach amid the US-China trade war.

Israel eyes dual-listing with Australia

The Israel Securities Authority says Israel may expand its dual-listing arrangements to include Australia as it tries to connect with more foreign markets and draw investors to recover trading volumes lost a decade ago.

ASX opens higher as shares bounce back

The Australian share market has opened slightly higher, recouping some of the previous day's losses.

Oil rises after drone attack on Saudi site

Oil prices rose more than one per cent overnight after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement had attacked facilities belonging to state oil company Aramco.

Gold price dips on new trade optimism

Gold retreated from a one-month high hit earlier overnight as stock markets and the US dollar took heart after the United States and China agreed to keep negotiations going to end their prolonged trade conflict.

BHP to keep Nickel West operations

BHP Group will retain its Nickel West business, with a potential expansion of the company's WA nickel operations likely to generate a higher return, with higher risk, than the Scarborough LNG development.

ASX dives as Chinese-US trade fears return

The Australian share market has plummeted after renewed concerns about US-Chinese trade tensions led to large losses on Wall Street overnight.

Labor to act on award wages on first day

If elected prime minister Bill Shorten will promptly scrap the coalition's "insipid" wage submission and ask the industrial umpire to raise award wages.

ASX slumps at open after Wall Street falls

The Australian share market has plummeted at the start of trade after renewed concerns about US-Chinese trade tensions led to large losses on Wall Street overnight.

Oil prices fall amid US-China trade fears

Oil futures fell overnight with Wall Street as the negative turn in the US-Chinese trade talks spooked investors who had sent oil higher in early trade on concerns about reports of sabotage attacks on tankers in the Middle East that could disrupt supplies.

Gold eyes best day in three months

Gold prices climbed and were on track for their best day in nearly three months overnight as investors sought a safe haven from market turmoil triggered by a Chinese announcement that it will retaliate over levies imposed by the US government.

Housing worry, finance sector drag on ASX

The Australian share market has closed lower, pulled down by the financial sector as two banks went ex-dividend and housing finance approvals came in weaker than expected.

CBA remediation to pass $2bn, Q3 profit down 28%

Commonwealth Bank of Australia's provisioning for customer remediation and responding to the royal commission has passed $2 billion after the lender set aside another $714 million in the third quarter.

ASX slumps as US-China trade fears return

The Australian share market has opened lower as traders appeared cautious amid renewed concerns about China-US trade relations.

Oil steady as trade tensions weigh

Oil prices were mostly steady on Friday, ending last week slightly lower as trade tensions stoked by a US move to hike tariffs on Chinese goods overshadowed tightened global supplies and expectations of rising US refining demand.

Gold edges up as palladium soars

Gold prices rose on Friday and were set to post a weekly rise as the United States raised tariffs on Chinese goods, exacerbating fears of a global economic slowdown, while palladium surged more than 5 per cent on technical buying and short covering.

ASX rises as US-China talks resume

The Australian share market has finished up slightly in choppy trading as investors kept a wary eye on developments in US-Chinese trade talks.

Labor eyes $154 billion in budget savings

Bill Shorten says Labor will deliver a "better set of books" than the coalition if elected on May 18.

Oil rebounds as trade talks resume

Brent oil futures settled slightly higher overnight, rebounding from a drop after US President Donald Trump revived investor hopes that the United States might not raise tariffs on Chinese imports, a step that could hit economic growth and crimp oil demand.

Gold rises on trade uncertainty

Gold prices rose overnight, supported by a weaker US dollar and as investors sought safe-haven assets after US President Donald Trump warned a trade deal with China was in danger, sending global stocks lower.

ASX holds onto gains ahead of trade talks

Australian shares have finished higher despite weakness in the mining sector, as investors watch the US-China trade talks for a chance of a deal.

Qantas Airways sees record annual revenue

Qantas has posted a 2.3 per cent rise in third-quarter revenue and forecast record annual revenue, as more business travellers chose to fly with the airline.

GrainCorp removes payout on $59m HY loss

Bulk grains handler GrainCorp says it will not pay shareholders an interim dividend after it swung to a $59 million half-year loss following severe drought conditions and trade disruptions.

Oil up 1% after US crude stockpiles fall

Oil futures gained one per cent overnight, boosted by a surprise drawdown in US crude stockpiles but an escalating US-Chinese trade fight limited oil's gains as investors worried about the global outlook for energy demand.

Gold slips on trade deal prospects

Gold prices slipped after climbing to a more than three-week peak overnight as safe haven demand eased after the White House said it had received an indication from China that Beijing wanted to make a trade deal.

'No panicking' on ASX over trade tensions

Australian shares have closed lower amid renewed concerns about US-China trade tensions, but a feared rout of the market was avoided.

High Court win for Rinehart

A legal dispute between Australia's richest person Gina Rinehart and two of her children will be heard in private after the High Court ruled in her favour.

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Most-read

Curtin candidate duped by poll hoax

An independent candidate for former foreign minister Julie Bishop's safe seat claims she is the victim of a "supposed hoax" involving fake opinion polling data and has refused to pull out of the election race.

BHP to keep Nickel West operations

BHP Group will retain its Nickel West business, with a potential expansion of the company's WA nickel operations likely to generate a higher return, with higher risk, than the Scarborough LNG development.

CITIC largely loses Mineralogy appeal

Clive Palmer's estranged Chinese joint venture partner has largely lost an appeal over royalties from their massive iron ore project in Western Australia's Pilbara.

CBA's Bankwest cuts fixed mortgage rates

Commonwealth Bank-owned Bankwest is slashing its three-year owner-occupier mortgage rate as lenders chase an ever decreasing number of suitable home loan customers.