Oil prices have rebounded from early losses after US government data showed a larger-than-expected falloff in crude inventories, which encouraged buying after several days of selling on worries that a global crude glut was persisting despite output cuts by producing countries.
Gold has recovered from a two-week low in a late-day move, buoyed by short-covering as US Treasury yields turn lower and the US dollar pares gains after President Donald Trump proposes slashing the US tax rate on corporate profits.
The share market has closed higher for a fourth straight session, while the Australian dollar has fallen due to weaker-than-expected inflation numbers.
Bligh Resources has recommended shareholders vote in favour of an improved takeover offer by Zeta Resources, having previously backed an acquisition proposal by Saracen Mineral Holdings for its Bundarra gold project.
Perth-based software companies DigitalX and Lateral have teamed up to leverage each other's strengths in the creation of blockchain and ledger-based products.
Civmec has begun constructing what it says will be Australia's biggest undercover shipbuilding facility in Henderson, confident it will have enough work even before offshore patrol vessel contracts are awarded by the federal government later this year.
OPINION: A worldwide shake-up of the fertiliser industry may play out in WA, according to the investment bank, which has been watching Wesfarmers' CSBP division.
Rising fuel and home prices have helped lift headline inflation into the Reserve Bank of Australia's target band for the first time in more than two years.
Neometals will be relying on third-party interest for the sale of its stake in the Mt Marion lithium mine, after joint venture partners Mineral Resources and Jiangxi Ganfeng Lithium declined pre-emptive rights to buy the stake.
BHP Billiton has cut its full-year copper production guidance and outlined plans to sell some of its US shale acreage, while also announcing record iron ore production and reaffirming plans for its South Flank development in the Pilbara.
Ausdrill-Barminco joint venture African Underground Mining Services has won a $US280 million ($A373 million) contract to provide its services to Newmont Mining's Subika underground gold operation in Ghana.
Oil prices settled slightly higher on Tuesday in volatile trading, then were mixed after hours when an industry group's preliminary report showed a surprise build in US crude inventories.
Super boost for house downsizersRetirees who downsize by selling the family home are likely to be offered exemptions from new limits to be placed on superannuation, but
Gold prices fell to a two-week low on Tuesday as markets became less concerned that far-right leader Marine Le Pen would win the French presidential election, increasing investor appetite for risky assets such as stocks while denting bullion.
The Australian dollar is lower against the US dollar following the surprise decision by US President Donald Trump to slap tariffs on Canadian lumber entering the US.
Nearly 4,000 shareholders in West Perth company Moly Mines have effectively become stranded in the $63 million cashbox after a stand-off between its board and the ASX ended in a delisting of its stock.
UPDATED: Building commissioner Peter Gow has issued a clarifying statement today (Tuesday), essentially confirming the state government's view that lead leaching directly from brass fittings remains the only significant source of lead at Perth Children's Hospital.
The Australian share market has closed in positive territory for a third consecutive session with strength in financial and energy companies offsetting weakness from the miners.
Business owner Ra Stewart says she wants to bring responsible financial management and enthusiasm back into the council if she is elected mayor of Fremantle.
The board of cleaning and catering company Spotless has rejected mining services group Downer's $1.26 billion takeover bid, describing it as hostile and highly conditional.
The Australian share market has opened higher as investors welcome the increased popularity of centrist pro-Euro candidate Emmanuel Macron in the first round of the French presidential election.
