Crude oil futures sank overnight after US government data showed an unexpectedly sharp build in crude inventories, but a third weekly draw down in petrol stocks kept losses at bay.
Gold steadied overnight just above a five-week low touched a day earlier as the US dollar retreated slightly and stocks edged lower, with investors awaiting further signals on the health of the global economy.
Wall Street's main indexes fell for a third session, with the S&P 500 posting its biggest one-day decline in a month, as healthcare and energy shares slumped and investors sought reasons to buy after the market's strong rally to start the year.
The Chamber of Commerce and Industry of WA has put its Hay Street headquarters on the market, appointing CBRE and Knight Frank to sell the 7-storey, 5,240 square metre office building.
BGC Contracting has been awarded a $30 million contract to develop the Ramone Gold Project for Northern Star Resources, a week after BGC confirmed it would still seek to sell the contracting business.
Australian shares have shot up as investors bet that weaker than expected economic figures means that the Royal Bank of Australia will likely cut interest rates this year.
Panoramic Resources will undertake a $19 million capital raising in return for favourable loan repayments to project financier Macquarie Bank, after production issues plagued its Savannah nickel-copper-cobalt project.
Opinion: Abolishing stamp duty and shaking-up energy markets to cut power prices are two policies that could form a powerful campaign platform for a state election in 2021.
Western Australia's peak residential real estate body is urging the state government to provide a stimulus boost for first-time buyers of established homes to address oversupply of properties across the metropolitan area.
An $800 million expansion of Talison Lithium's Greenbushes site will go ahead after Talison and Global Advanced Metals resolved a legal dispute over the plans.
The Reserve Bank of Australia's stance on rates may be getting a little less neutral after Australian economic growth fell well short of the central bank's own downgraded forecast.
Capricorn Metals' managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.
A national survey released today by the Australasian Institute of Mining and Metallurgy (AusIMM) has identified major issues in the resources sector, with a majority of female respondents believing the industry is not diverse.
Australian shares have moved higher as investors digested lower-than-expected GDP numbers that indicated restrained consumer spending in the last three months of 2018.
Oil prices were little changed overnight as the market wavered on expectations for an imminent trade deal between the United States and China while awaiting US government crude stocks data.
Gold prices slipped overnight to their lowest in more than five weeks as the US dollar rose on stronger than expected economic data and rising US Treasury yields.
Wall Street's main indices have dipped in a choppy session as a drop in General Electric shares countered positive retailer earnings and investors eyed a key resistance level for the benchmark S&P 500 after the market's strong run.
Chevron has announced its Wheatstone domestic gas plant is ready to begin regular supply, two months after successful test flows into the market and two years after the first LNG shipment.
