BUSINESS

Japan has recorded an unexpected 5.2 percent increase in its unemployment rate further weakening household spending for the second month.

Futuris Automotive, the largest supplier of Holden, discloses it will be capable of returning a second shift at its Adelaide plant, in line with Holden’s move of resuming afternoon shifts at the automotive factory in Elizabeth.

Wattyl has accepted US based Valspar’s offer for a takeover worth $142 million, ending speculations surrounding the paint maker’s fate.

Mixed economic news from Japan yesterday.Consumer prices fell at a slower pace in May and retail sales rose.But the rate...

Photon Group likes to describe itself as "Australia's largest marketing and communications group"; yesterday it confir...

Good bye Wattyl, hello Valspar.Shares in Wattyl, the much bid for Australian paint group, jumped more than 25% yesterda...

Gindalbie Metals Ltd says its flagship Karara iron ore project in Western Australia's midwest region (near Geraldton) wi...

Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.

Ignore anything you may read or hear about new policies, breakthroughs or agreements emanating from the Group of 20 nati...

New prime minister Julia Gillard is rushing to meet a Friday deadline to conclude the damaging debate over the resource super-profits tax.

As trading opens today, analysts polled by the International Business Times said these are the stocks to watch with the biggest potential.

National foods to close Wetherill Park and Cobden sitesNational Foods today advised its workers that the Wetherill Park and Cobden fresh dairy sites will be closed over the next two years, with 280 jobs to be lost.The company will expand its Morwell site in Victoria and Baulkham Hills site in NSW, w...

Victorian fast-food and chain food businesses will be required to put nutritional information on their menus by 2012.Premier John Brumby today announced that all food businesses with 50 or more Victorian outlets, or more than 200 outlets nationwide, would be required to display kilojoule counts next...

The latest plasma market data in the US suggest some IVIG volume growth but brokers have offered mixed reactions.

Australia’s Big Four banks could end the practice of discounting offered mortgage rates to their customers, as they seek to lessen the impact of higher wholesale funding costs.

The Australia 200 CFD Index finished 0.7% lower at 4384.5, with industrial and material names detracting most of the points.

The Australian government has announced it is open for discussions with the mining sector over the controversial resource super profits tax and is anxious to resolve the matter as quickly as possible.

Ford Falcon celebrated its 50th year of inception on Monday as company workers, friends and family gathered in Ford Australia’s Broadmeadows plant in Melbourne to witness the showcasing of Falcon’s evolution, from the initial model XK Falcon down to its latest 2010 limited edition series.

The Housing Industry Association (HIA) is anticipating a sluggish development in new home building by next year as it cited that the government’s slow progress in releasing more lands and the dwindling availability of funds for real estate developers are tempering fresh housing initiatives.

New Prime Minister Julia Gillard seeks a quick agreement with miners over RSPT in order to counterbalance the issue at this year's general election, according to newspapers.

Shares of Iron Ore Holdings Ltd., fell as much as 21 percent to A$1.395 on the Australian stock exchange and traded at A$1.475 at 12:04 p.m. Sydney time.

The share market recorded higher at the opening today, thanks to the financial and energy sectors.

Publicly listed law firm Slater & Gordon announced on Monday that it is acquiring Trilby Misso Lawyers Ltd for $57 million, declaring that the purchase should bolster the firm’s strategic goal of leading the country’s personal injuries litigation market.

Danske Bank argues that tighter budgets in Europe will be offset by accompanying positive influences. There is no need to panic.

The Australian stock market is off for a soft start because mixed signals from offshore trading will put pressure in the overall performance.

WorleyParsons Ltd has cut a deal to supply engineering services for Brazilian iron ore mining company Vale's S11D project near Sao Paulo in Brazil.

Two more suggestions why gold might be poised for another rally higher.

Holden said today that it is set to resume the second production shift of its Elizabeth plant in South Australia by November following its decision last year to reduce production and dump the two-shift production day scheme citing difficulties brought by the global financial crisis.

Wattyl, which has a market capitalisation of $107m, has accepted a $142 million takeover proposal from Valspar, the Sydney-based company announced today.