News

Gold prices have climbed nearly two per cent, rebounding from early losses that followed stronger-than-expected US inflation data, as the dollar surrendered gains and equities swung higher.

The Australian share market weakened as caution ahead of the release of key US inflation data outweighed better than expected earnings reports from several companies.

Australian shares are slightly higher in lacklustre early trade as investors turn cautious ahead of key US data and a slew of local earnings.

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The Australian dollar has slipped against a weakened US counterpart, but still remains above 78 US cents.

Oil prices are flat, bouncing back from an early slide as the US dollar fell to a one-week low, which encouraged buying of US dollar-denominated crude at session lows.

Gold prices have risen as the US dollar has slipped and markets anticipate the release of impending US inflation data that may offer some clues on the pace of future Federal Reserve interest rate increases.

The Australian share market has closed higher following gains on Wall Street and as several companies reported profit growth.

A unique initiative launched earlier this month based on the six seasons of the Noongar calendar aims to grow indigenous leadership skills through culturally appropriate training, according to co-founder Rishelle Hume.

Australian shares are modestly higher in early trade after Wall Street's Dow closed sharply higher as US equities rose for a second consecutive session.

Coal strikers take pay cut to save jobs

The Australian dollar is back above 78 US cents as the US dollar's rise falters and it slips amid an equity rebound.

Oil prices have risen, beginning to recoup some of last week's steep losses as global equities have steadied following their biggest one-week decline in two years.

The Australian share market has closed lower but did claw back some earlier losses as the Dow Jones futures index pointed to a possible positive session on US markets tonight.

Despite a stronger lead out of the US, Australian shares have slipped sharply in early trade as reporting season begins in earnest and Asian markets brace for more volatility.

‘As long as it takes' for cuts to tax

Gold has slipped, under pressure from a firmer US dollar and worries about rising global interest rates, but still found some support as a safe-haven asset as world stock markets fell.

Oil prices have slid more than three per cent on Friday as US futures fell below $US60 a barrel for the first time since December on renewed concerns about rising crude supplies.

The Australian dollar has regained some lost ground against the US dollar which itself has preserved its recent gains.

Wesfarmers, Woodside Petroleum and South32 were among Australian shares that closed lower in the wake of another overnight collapse on Wall Street but local losses were relatively contained as many Asian markets tumbled steeply.

Working under strong, effective leaders has had a profound impact on the career of AICD state manager, WA Jody Nunn.

Australian shares have again slid in early trade following a fresh plunge on Wall Street overnight, while the Aussie dollar has retreated below the 78 US cents level.

Thrills and spills for Power Ledger

The Australian share market turned around a weak start to the day as bargain hunters bought stocks beaten up in Monday and Tuesday's plunge.

Thousands of Western Australian scam victims could be refunded millions of dollars after US legal authorities issued Western Union a $US586 million ($750 million) penalty for aiding fraud over a 13-year period.

Australian shares have fallen after US stocks came under late pressure on Wall St during another rollercoaster - though less brutal - session.

Premier to pitch for more US ships

Australian shares have clawed back about $17 billion as markets recover from the impact of a big sell-off on Wall Street.

Premier Investments is acting on threats to oust the board of Myer with a request for the department store chain's shareholder register in a first step towards holding a vote to install new directors.

CIMIC Group's shares have soared after the construction giant raised its dividend by 13 cents on the back of a 21 per cent lift in full-year profit and forecast a rise in profit in the year ahead.

The blockchain is a powerful tool of trust and verification, writes Sam Birmingham.

The state government has announced the formation of a development committee to guide three key projects in Bunbury, with Bunbury Chamber of Commerce and Industries president David Kerr and The Apprentice and Traineeship Company chief executive Stan Liaros among those selected for the committee.