Global Markets | Dollar and oil rise, stocks slide as US-Iran peace talks collapseOil and the dollar surged as U.S.-Iran talks failed, leaving a ceasefire fragile and Mideast energy exports choked. Stocks tumbled as U.S. ...
Raptor Squad raids expose alleged Comancheros gun and drug supply network in Sydney’s south-westA senior Comancheros figure has been charged with supplying firearms and hundreds of thousands of dollars worth of drugs following raids by...
Chaos in Australia as internet service provider Optus blacks outFor millions of Australians who could not pay for goods, book rides, get medical care or even make phone calls, a nine-hour near-total serv...
Device taps brain waves to help paralysed man communicateIt will take years of additional research but the study, reported Wednesday, marks an important step toward one day restoring more natural ...
Australia announces nearly $40 billion in virus reliefAustralia announced a $38 billion spending plan to limit the economic damage from the coronavirus pandemic, as citizens were told to cancel...
Aussie cricketers offered multi-year contracts to forgo IPLThe CA wants to keep the players fresh during their off days in April and May when the cash-rich League is played and insisted that there i...
Money woes: Cate Blanchett can’t sell her $14.9 mn Sydney home to a Chinese!The $20 mn price tag was far in excess of the $50,000 limit on what Chinese are allowed to convert each year.
- BHP Billiton to acquire Petrohawk Energy for $12.1 billion
BHP Billiton, the world's largest mining company, agreed to buy Petrohawk Energy for about $12.1 billion in cash in its biggest acquisition.
- Foster's rejects $10B bid from SABMiller
Foster's Group rejected an A$9.5-billion ($10 billion) cash offer from SABMiller as too low in what would be the biggest takeover.
- Coal India places $1-bn bid for US coal co
Coal India, the world’s largest producer of the commodity, has put in a bid to buy US-based Sydney complex, an arm of Massey Energy, for ab...
- Axa, AMP clear decks for $13.1 billion acquisition
Axa, France’s biggest insurer, and Australian asset manager AMP bid at least A$13.3 billion ($13.1 billion) for Axa Asia Pacific Holdings i...
- Australia leaves interest rates on hold at 4.5 pc
Australia's central bank held interest rates steady at 4.50 percent Tuesday citing concerns about growth in Europe and China.
- Australia cuts rates 25 basis points to 3.0 per cent
Australia's central bank cut the official cash rate by 25 basis points to 3.0 per cent.
- Australia cuts interest rates as financial woes mount
Australia’s central bank cut its benchmark interest rate by a larger-than-expected three quarters of a percentage point.
- China's Sinosteel increases stake in Australia's Midwest
China's Sinosteel said on Friday that it lifted its stake in Australian iron ore miner Midwest to 40.09 percent as it bids to overcome a ri...
- Centro Properties on trading halt as deadline looms
Shares in Australia's Centro Properties Group which is facing a Wednesday deadline to refinance heavy debts.
- United Group to acquire Unicco for $410 mn
United Group Ltd, an Australian company that provides property services, agreed to buy Unicco Service Co for A$477 million ($410 million), ...