US stocks have snapped a two-day losing streak, finishing solidly higher ahead of a Federal Reserve policy announcement expected to shed light on the timing of interest rate hikes.
With the takeovers of iiNet and Amcom Telecommunications heading into the final stretch, the investment bankers and other advisers that worked on these deals will be looking forward to a very handy pay day of more than $40 million.
The government has announced the introduction of a simplified international student visa framework, which involves reducing the number of visa sub-classes from eight to two, to boost Australia's international education sector.
Local minerals explorer Kasbah Resources has received commitments for a $3 million capital raising, while also announcing a range of cost reductions including cutting executive pay, reducing staff and restructuring its board.
Saudi Arabia and Oman-focused copper-gold explorer Alara Resources has flagged the possibility of a scrip merger with an unnamed party, while also announcing the appointment of a new managing director.
The long-awaited free trade agreement between Australia and China will be signed at a time when community concerns about Sino investment is on the rise.
Energy and resources companies can expect the pain to subside in the coming financial year, according to IBISWorld's latest analysis of the industry, with oil and gas players in the best shape.
Two telco companies that provide roaming services have begun their first day of trading on the ASX today, with Norwood Systems making solid gains while Flexiroam closed flat.
A Subiaco-based piping company led by businessman Andrew Haythorpe has announced plans to buy a New Zealand tech company, in a backdoor listing worth about $5.5 million.
The Reserve Bank of Australia will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed, as economic growth and business investment remain sluggish.
Perth-based IT firm Empired has won a contract to provide managed services to a Singapore-headquartered oil and gas company, in a deal worth $15 million.
Billionaire Warren Buffett's Berkshire Hathaway is buying a $500 million stake in Insurance Australia Group after the two companies entered into a 10-year partnership.
The Australian dollar is higher, supported by a small rise in gold prices, and as the greenback weakened following the release of disappointing US economic data.
US stocks have dropped as worry about a Greek debt default more than offset a positive reaction to big deals in the pharmaceuticals and homebuilder sectors.
Heralded streetwear retailer Culture Kings is opening a Perth store, signing a lease to take up space in the Hay Street Mall, in a deal brokered by Colliers International.
The number of small business operators in Western Australia has risen by 5.8 per cent over the year to February, well ahead of the national average of 1.4 per cent, the Bankwest Business Trends rep
A Perth startup raising funds for charity by piggybacking on shopping purchases made online is well on its way to making ‘giving' cool and simple, according to its founder.
