Australia shares gain 0.7 pct; mergers abound

Wednesday, December 22nd, 2010

(Updates with comments, stocks on the move) MELBOURNE, Dec 21 (Reuters) - Australian stocks were up 0.7 percent on Tuesday, getting closer to a flat finish for 2010, with miners leading on firmer metals prices and a wave of merger activity boosting sentiment. View full post on Market news | ...

Miners weigh on market ahead of Chinese data

Sunday, December 12th, 2010

The local share market tread water ahead of key Chinese inflation data due out this weekend that could prompt an interest rate rise in the country. View full post on ABC News: Business

NZ officials no closer to recovering miners’ bodies

Saturday, December 11th, 2010

The future of the NZ colliery where 29 men died last month remains unclear, as the mine operators said there was no immediate hope of recovering the bodies. View full post on ABC News: Business

Australia shares hit 3-week high; banks, miners lead

Tuesday, December 7th, 2010

(Updates with comments, details) By Victoria Thieberger View full post on Market news | ninemsn Money

Australia shares end week up 2 pct, miners strong

Saturday, December 4th, 2010

By Victoria Thieberger MELBOURNE, Dec 3 (Reuters) - Australian stocks advanced 0.4 percent on Friday, making for a gain of 2.1 percent for the week, led by the heavyweight mining sector after a positive session for global equities flowed through to the local market. View full ...

Australia shares fall on weak commodity prices

Monday, November 29th, 2010

(Adds details) SYDNEY, Nov 29 (Reuters) - Australian stocks fell 0.4percent on Monday after weak commodity prices hurt miners andon investor concerns over euro-zone debt problems. View full post on Market news | ninemsn Money

Pike River mine rocked by fourth explosion

Sunday, November 28th, 2010

A fourth underground explosion has rocked the Pike River Mine in New Zealand's south island, where 29 miners earlier perished. View full post on ABC News: Business

Another blast reported at Pike River mine

Sunday, November 28th, 2010

Another explosion has rocked the Pike River Coal mine in New Zealand, where 29 miners earlier perished. View full post on ABC News: Business

Australia shares gain 0.4 percent, miners lead

Thursday, November 25th, 2010

WELLINGTON, Nov 25 (Reuters) - Australian stocks gained 0.4percent on Thursday, as a jump in commodity prices on the backof upbeat U.S. data lifted the key resource sector. Base metal prices firmed as strong labour and consumerspending data from the United States helped drive Wall Street[.N] up more than ...

Just how plump are bank profits?

Sunday, November 21st, 2010

Irate politicians would be wise to ponder Ralph Norris' preferred measure of bank profitability, which shows bank returns are much lower than those of the major miners, and even some retailers. 19 Nov 2010 10:03 AM View full post on WBC | RSS Business News Feed | Business Spectator