Neptune oil project starts production
BHP Billiton Ltd has started first production from the $1.16b Neptune oil operation in the Gulf of Mexico, more than six months later than originally scheduled.
Stocks, oil fall as Asia raises fuel prices (Reuters)
Reuters - Oil prices fell below $122 a barrel on Thursday, down for a third day as the U.S. dollar climbed and fears over demand grew after India and Malaysia raised fuel prices, weighing on resource-related shares.
Oil pulls shares down
Shares opened slightly lower as energy companies, including Woodside Petroleum, fell after the price of oil dropped overnight.
Stocks close slightly higher
The Australian share market has closed flat, with Westpac and St George the only standouts among banking stocks and the big miners generally weaker.
Production begins at BHP's Neptune oil
BHP Billiton has started first production from the $1.16 billion Neptune oil operation in the Gulf of Mexico, more than six months behind schedule.
Kill the competition: Dividend ban...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Australia says no block to China...
Reuters - Australia said on Sunday no Chinese
companies have been told to withdraw applications to buy into
Australian resource firms, despite media reports Canberra was ...
Resources drive Aussie stocks higher
The Australian share market closed firmly in the black after a stronger prices drove resources sector higher, helping to ovecome a negative Wall Street lead.
Asian, European markets fall on gloomy earnings
Most Asian and European markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy.
Asian markets fall on gloomy earnings outlook
Most Asian markets slid into the red Wednesday, ignoring gains on Wall Street overnight, as demand for commodities continued to wilt and financial firms reported weak earnings, reinforcing pervasive gloom about the global economy.
ASX slightly higher at noon
The Australian share market was slightly higher at noon led by the resources sector.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Aussie stocks lower at noon
The Australian share market was more than 1.5 per cent lower at noon with both the financial and resources sectors in the red.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Banks, miners weigh on shares
Shares open lower, dragged down by the financial and resources sectors and on a flat lead from Wall Street.
Aust stocks up moderately at noon
The Australian share market was up moderately at noon as the metals & mining and energy sectors lifted, but utilities fell.
Asian markets fall on weak commodities, earnings
Most Asian markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy.
Asian markets gain as world leaders gather
Asian markets gained modestly in the wake of Wall Street's overnight surge as investors nibbled on beaten-down shares and global leaders gathered in Washington to discuss ways to tackle the global financial crisis.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Australian stocks lower at noon
The Australian share market was lower at noon as miners and energy producers declined after commodity prices fell overnight.
Cyclones hit Woodside output
Woodside Petroleum says first-quarter output falls 4% from a year earlier due to cyclones, maintenance and the sale of assets.
WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
Stocks close higher driven by miners
The Australian share market closed moderately higher, driven by renewed strength in global miners BHP Billiton and Rio Tinto.
Stocks open higher
The Australian share market has opened higher on the back of a solid performance by Wall Street overnight.
Strong start sustained through the...
THE Australian sharemarket closed firmly in positive territory as a surging oil price helped energy stocks and encouraging news from some US regional banks boosted financial...