Hong Kong private equity firm Quantum Pacific Capital says it is best placed to resolve a dispute over the ownership of a troubled $5 billion copper and gold project in Java and is negotiating to grab back as much as 80 per cent of the project on behalf of former owner Intrepid Mines.
Shareholders in Transfield Services were bracing themselves on Monday for an earnings downgrade following downgrades by other mine services operators such as UGL, WorleyParsons and the smaller Coffey International last week.
The whole retail recovery story seems to have wandered perilously off script over the past quarter.
Members of the financial and political community gathered at the Australian Securities Exchange on Monday to celebrate something that should not have taken so long.
Shareholders in Leighton must have been pinching themselves when the construction company reconfirmed its earnings guidance.
GPT Group will use the $397 million raised from the sale of its half share in Erina Fair shopping centre on the NSW Central Coast to expand its office and industrial/business park investments.
Investors have snapped up Macquarie Group's latest hybrid share issue, prompting the bank to bulk up the size of its offer by up to half.
Leighton chairman Bob Humphris has moved to dispel fears that its directors remain at war with its German parent Hochtief.
The whole retail recovery story has wandered perilously off script over the past quarter.
NATIONAL Parks and Wildlife Service (NPWS) will carry out hazard reduction burning today in Tomaree National Park.
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