US stock indexes have fallen in a broad-based decline, hurt by concerns over the strong US dollar and Turkey's currency crisis, as well as the trade tensions with American trading partners that have dominated the first half of 2018.
Canada-based forest products company Mercer International has confirmed it will acquire privately owned Indian sandalwood producer Santanol for an unspecified sum.
Australian shares have hit a fresh 10-year high, with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks.
Wesfarmers has suffered a 58 per cent drop in full-year net profit after taking more than $1.3 billion in costs and losses on its disastrous Bunnings UK exit and a $300 million write-down on underperforming Target, while also announcing leadership changes at its department stores.
Gold Road Resources has announced the retirement of long-standing chief executive Ian Murray, with former AngloGold Ashanti general manager Duncan Gibbs set to take the reins.
New land sales in Perth have increased for the third straight quarter, according to new data out today, with the Urban Development Institute of Australia WA saying the results reflect rising confidence in the local market.
Perth-based lenders Fair Go Finance and Capfin Money have announced plans to merge in a deal under which Frankfurt-listed MyBucks will sell a 60 per cent stake in the new entity to its former chief executive Tim Nuy.
Chris Ellison-led Mineral Resources has posted a big increase in profit to $272 million for the 2018 financial year, helped by a strong performance in the company's mining services division.
Western Australia continues to have the slowest nominal wages growth in Australia, with the latest data showing growth of 1.5 per cent, slightly ahead of local inflation at 1.1 per cent.
Woodside Petroleum has further fleshed out its plans for the Scarborough and Browse LNG developments, as it reported a 6.7 per cent lift in half yearly profit.
Ausdrill has announced its first major acquisition since the retirement of founder Ron Sayers last month, with the company set to purchase mining services contractor Barminco in a cash and scrip deal worth $271.5 million, while also announcing a $250 million capital raising.
From a reputational point of view, Tristan Kirkham acknowledges the role played by building brokers is not as well understood as that of insurance and mortgage brokers.
Australian shares have started lower, despite overnight gains on Wall Street, weighed down by declines in resources and a number of blue-chips trading ex-dividend.
Wall Street's three major indexes have risen with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion.
Opposition leader Mike Nahan insists he'll lead the Liberals to the next state election and says he has the overwhelming support of his colleagues, rejecting reports confidence in him is wavering.
Australian shares have risen, with banks leading near across-the-board gains and an easing in investor concerns over the tension between the US and Turkey.
Western Australians overwhelmingly believe the big end of town has been the major beneficiary of the country's unprecedented run of growth over the past 26 years, a poll released today has found.
State government reforms that liberalise the rules governing permanent licensed premises but tighten up on pop-up venues come into effect this weekend, as new data shows 114 licensed premises have opened in Western Australia this year.
Resources logistics company Bis has appointed former Broadspectrum chief executive Graeme Hunt as its new chairman to replace the retiring Charles Lenegan, while non-executive director John Beevers is also retiring.
Shares in Carnarvon Petroleum have regained some of yesterday's losses, after the oil and gas explorer revealed plans for its lesser known Buffalo project in the Timor Sea.
Paris-based upstream oil and gas engineering business Doris Engineering has set up shop in Perth as it prepares for the next wave of local major projects to get under way.
