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The Nasdaq stock index led Wall Street lower Thursday, as traders shrugged off data showing US unemployment claims fell to their lowest level since March 2008.

Mineral sands miner Iluka Resources will cut its production and sales volumes to protect margins amid downturns in global markets.

International chemicals giant BASF has opened a mining research and development facility at the Australian Minerals Research Centre in Waterford.

The Australian dollar has slipped back below 102 US cents on the back of weaker jobs data.

Global miner BHP Billiton is reportedly investigating selling its aluminium assets in Brazil.

Bristow Helicopters has won a 10-year contract at global oil and gas giant INPEX's Ichthys LNG project off the north west coast of Western Australia.

Supermarket operator Coles says the retail landscape is getting more competitive as big overseas retailers move into the Australian market, but Coles won't be expanding internationally at this stag

The Australian share market has closed lower after disappointing jobs figures exacerbated investors' gloom.

Payment fraudsters raked in an extra $77.5 million in 2011, despite the financial industry's success in combating cheque and debit card rip-offs.

Gina Rinehart's Roy Hill division has refuted claims its pledge to spend millions training local workers in exchange for an enterprise migration agreement (EMA) is a publicity stunt.

Perth was the standout capital city performer for land sales over the March quarter, with transactions increasing by 22.9 per cent, but the Housing Industry Association has warned that sales are ti

Opposition Leader Tony Abbott has dismissed Labor claims a future coalition government would slash the wages and entitlements of workers.

Specialised engineering and asset management group UGL has secured $350 million of new contracts.

Rallies denouncing the federal government's enterprise migration agreements (EMAs) are planned for the Pilbara as the mining union continues to dispute claims of a lack of skilled d

Struggling department store Myer is shedding 100 jobs in its latest attempt to shave costs during the toughest trading conditions in a quarter of a century.

Demand for the Australian dollar in financial markets could artificially push up the value of the currency, the nation's central bank warns.

Telstra is selling its New Zealand subsidiary TelstraClear to Vodafone for $NZ840 million ($A660 million).

The Australian share market opened flat on the back of a mixed night of overseas trading.

The consumer watchdog has received more than 600 complaints or inquiries about the carbon tax's impact on prices.

US stock markets ended lower, continuing the euro and data-inspired drop seen the day before as markets gave a muted response to the latest news from the Federal Reserve.

THE sale of the Esplanade Hotel in Fremantle to a Singaporean group has fallen through, more than three months after the deal was first revealed.

The state government has again defended its $440 million waterfront project, this time against its own modelling, which shows it will slow Perth traffic significantly.

The Australian dollar has rallied late, as traders anticipate the release of key data both at home and abroad in the next two days.

Troubled miner Energy Resources of Australia (ERA) has reported some good news, boosting quarterly production at its uranium mine in the Northern Territory.

Recent interest rate cuts have boosted consumer sentiment but pessimism about the state of the economy remains.

More than $300 million in residential building projects have been delayed by the introduction of new legislation covering Western Australia's building industry, a peak industry group says.

Competition from Australia's supermarket duopoly is responsible for Darrell Lea's financial woes, entrepreneur Dick Smith says.

Reed Resources has secured a $23 million finance facility with international bank Barclays for its Meekatharra gold project.

The Australian share market has closed relatively flat as investors await key economic data and commentary from the United States and more figures on China's economic growth.

The banking system was not transparent enough and had to be more tightly regulated in the wake of recent global scandals, says Reserve Bank of Australia's (RBA) deputy governor Philip Lowe.

Ausdrill has advanced its plan to acquire the Best Tractor Parts Group, signing a non-binding heads of agreement to negotiate terms and conditions of the transaction.

The state Labor Party has ruled out forming a coalition with the Australian Greens even if there is a hung parliament.