News

US crude has risen to a near two-week high on signs of inventory declines at a key storage hub, while Brent eased under pressure from a stronger dollar.

The Australian dollar is firmly back below 79 US cents.

Gold prices have been pressured by a stronger US dollar and rising interest rates, dropping for a third session, but were underpinned by political worries and uncertainty about this week's huge US bond auctions.

Australian shares have ended the day flat with a no-surprises line-up of company profit results failing to fire investor action in the absence of major overseas leads.

The director of a Perth security company has been acknowledged for selling personal assets to provide back pay for staff who were underpaid more than $200,000.

The Australian share market has opened lower in the absence of a lead from US markets, which were shut for a public holiday, leaving local investors with only a negative lead from Europe and Britain.

Union readies for new tug of war with BHP

EY has named Fiona Drummond as its next managing partner in Western Australia, making it the second of the big four accounting firms to have a female heading its Perth office, and only the sixth out of 86 accounting firms listed on the BNiQ Search Engine.

Gold prices are down slightly as the US dollar claws back some recent losses and stocks rose, but worries about US inflation keep buyers in the metal.

The Australian dollar is slightly lower against its US counterpart which has rebounded off three-year lows.

The Australian share market has closed higher with most sectors posting gains, led by healthcare companies, big banks and industrial stocks.

City of Perth chief executive Martin Mileham has taken indefinite leave, with Lord Mayor Lisa Scaffidi explaining today that his move comes after a private investigation by law firm Herbert Smith Freehills late last year.

Australian shares have got off to a tepid start with investors still cautious amid a busy earnings week despite positive momentum in the last few sessions.

Merger plan: HBF agrees to $4b deal

The Australian dollar has fallen more than half a US cent against its US counterpart which continues to experience weakness despite bouncing off a three-year low.

The state government's chief information officer Giles Nunis is moving to the private sector after a recent review recommended sweeping changes to his office, which was established under the Barnett government.

Australian shares fell back in afternoon trade to close lower on Friday despite the impetus of some strong company profit figures and overnight gains on Wall Street.

The Australian share market has held on to morning gains as investors selectively take positions amid a slew of corporate results.

Woodside's LNG estimates under fire

The share market has posted its best session in seven months due to positive half-year earnings results and strong gains for the miners and the energy producers.

The Australian share market is sharply higher in early trade after gains of more than one per cent on US markets overnight and amid a plethora of ASX-listed company results.

Myer rescue strategy in tatters

The Australian dollar has jumped above 79 US cents with the US currency remaining weak after US inflation figures came in higher than expected.

Oil prices have rebounded after US crude stocks rose less than expected and Saudi Energy Minister Khalid al-Falih said major oil producers would prefer tighter markets than to end supply cuts too early.

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.

Coalition crisis as Joyce loses Nats MPs' support

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.