SYDNEY, May 6- Two of Australia's biggest building companies have dealt a blow to hopes that commercial and housing construction could help rebalance the faltering economy away from the overweight and slowing mining sector.
SYDNEY, May 6- Australian shares rose 0.5 percent on Monday, buoyed by Wall Street's record highs after a surprisingly robust U.S. jobs report, but weak Chinese data and caution ahead of the central bank's board meeting capped gains. Mirabela Nickel climbed 50 percent to A $0.165 reversing a near-uninterrupted decline since early February.
SYDNEY, May 6- Australian shares rose 0.5 percent on Monday, buoyed by Wall Street's record highs after a surprisingly robust U.S. jobs report, but weak Chinese data and caution ahead of the Australian central bank's board meeting capped gains.
SYDNEY, May 7- Leighton Holdings Ltd, Australia's biggest construction company, on Monday posted a first-quarter net profit of A $123 million and maintained its full-year guidance. Leighton said more than A $4 billion of work was awarded during the first quarter, taking total work in hand to A $42.2 billion, a net decline of A $1.3 billion from December 2012.
SYDNEY, May 6- Australian shares rallied 1.1 percent on Monday, buoyed by Wall Street's record highs after a surprisingly robust U.S. jobs report and as metal prices firmed, though weaker-than-expected retail sales figures trimmed gains. Global miners BHP Billiton Ltd. jumped 2.9 percent while rival Rio Tinto Ltd.
SYDNEY, May 6- Australian shares rallied 1 percent in early trade on Monday, buoyed by Wall St notching record highs after a surprisingly robust U.S. non-farms payroll report raised investor confidence and metals prices firmed. Financials opened firmer, with Westpac Banking Corp. adding 1.1 percent while top lender the Commonwealth Bank of Australia.
According to a draft of the audit obtained by Reuters, almost $8 billion worth of contracts signed by Liberia since 2009 have violated its laws, casting doubt on President Ellen Johnson-Sirleaf's anti-graft and good governance efforts.
Sentiment was also affected by data from China showing recovery in Australia's largest export market remains modest. ,Australia's third-largest lender, led the decline, finishing 1 percent lower after hitting record highs earlier in the session.
May 3- Otto Energy Ltd:. *BHP Billiton lodged formal notice of force majeure with the Philippine. Department Of Energy over service contract 55.
SYDNEY, May 3- Australian shares rose 0.7 percent on Friday, as forecast-busting earnings from Westpac Banking Corp. Westpac advanced 0.8 percent after Australia's third-largest lender, reported a better-than-expected 10 percent rise in first-half profit on Friday, as the bank's Australian business recorded double digit earnings growth.
Stock Markets S&P/ASX 200 5,129.97 -36.22 NZSX 50 4,574.46 -28.56 DJIA 14,831.58 +130.63 Nikkei 13,694.04 -105.31 NASDAQ 3,340.62 +41.49 FTSE 6,460.71 +9.42 S&P 500 1,597.59 +14.89 Hang Seng 22,668.30 -68.71 SPI 200 Fut 5,150.00 +29.00 CRB Index 0.00 +0.00 Bonds. Overnight market action with latest New York figures.
SYDNEY, May 2- Australian shares fell 0.7 percent on Thursday, dragged down by miners in a large commodity selloff on news of shrinking industrial activity in China, Australia's largest export market.
SYDNEY, May 2- Australian shares fell 0.7 percent on Thursday, dragged down by miners in a large commodity selloff on news of shrinking industrial activity in China, Australia's largest export market.
SYDNEY, May 2- Australian shares fell 0.7 percent on Thursday, dragged down by financials and miners as disappointing U.S. earnings reports and employment data added to broad concerns over the global economic recovery.
SYDNEY, May 2- Australian shares fell 0.5 percent on Thursday, dragged down by financials and miners as disappointing U.S. earnings reports and employment data added to broad concerns over the global economic recovery. Westpac Banking Corp and top lender Commonwealth Bank of Australia lost 1 percent and 0.6 percent respectively.
SYDNEY, April 30- Australian shares climbed 1.3 percent on Tuesday to close at their highest level in almost five years, led by sharp gains in the financial sector as Australia and New Zealand Banking Group jumped to a record high after a strong earnings report.
SYDNEY, April 30- Australian shares rose 0.6 percent to a four-and-a-half year high on Tuesday, led by financials as Australia and Zealand Banking Group rallied on strong first-half earnings, while sentiment was also supported by hopes of more central bank stimulus.
By Anjuli Davies and Clara Ferreira-Marques. LONDON, April 29- With the world's largest miners flocking to sell assets, cost cuts across the industry and a virtual drought in buyers, private equity funds may finally be tempted into a sector long seen as potentially lucrative but risky.
SYDNEY, April 29- Australian shares rose 0.6 percent to its highest close in seven weeks on Monday, led by strong gains in the banking sector as investors chased high yielding stocks in a session characterized by some caution after Friday's disappointing U.S. first-quarter growth figures.