Woodside raises payout on profit surge

Woodside Petroleum's net profit was up sharply on the performance in 2015 and broadly in line with analyst forecasts.

The rebound in oil - and gas - prices helped to propel Woodside Energy's earnings sharply higher in 2016 as it looks to higher output in the year ahead to maintain the growth momentum.

Day traders? Taxi drivers? Iron ore making little sense

Helping to nudge the iron ore price higher was a new round of speculation China will close more of its heavily polluting ...

Day traders in China? Taxi drivers in Dalian? Take your pick, but either way the sustained surge in the iron ore price has caught the smart money by surprise while giving a second wind to a group of second tier iron ore miners which have been struggling with busted balance sheets and bloated costs to stay afloat.

Global turmoil, China concerns have Rio worried

Rio Tinto hard hats

In a thinly reference to the new US president, Anglo-Australian miner Rio Tinto has warned of rising geo-political risk while also stating it expects China to continue to provide economic stimulus for much of the year ahead.

Economists believe commodity run is probably done

China's role in giving a boost to commodity prices is clear enough, but is it enough?

It is rare to find much unanimity among economists, but one of the few things they agree on is that the trough in commodity prices of 2016 will not be repeated. The question for now is how far will prices retreat, especially following the March quarter, which often marks a cyclical high.

Missing billionaire 'awkward' for Hong Kong

Chinese-born Canadian citizen Xiao Jianhua was reportedly abducted by Chinese police from the Hong Kong Four Seasons ...

The uncertain fate of Xiao Jianhua, a China-born billionaire who was last seen at a luxury Hong Kong hotel a week ago, has raised fresh fears about the city's autonomy amid media reports he may have been abducted by Chinese agents.

Resource spending downturn yet to bottom

The gas pipeline for Inpex's Ichthys LNG project. Deloitte says completion of the Gorgon, Prelude and Ichthys projects ...

The collapse in resource sector investment has yet to run its course, with the looming completion of as much as $100 million of spending on gas export projects to slash the level of engineering construction to the lowest level since 2009, a report by Deloitte Access Economics has found.

'China's Warren Buffett' jailed, $2.3b fined dished out

The only known photograph of  Xu Xiang.

China sentenced former hedge fund manager Xu Xiang to five-and-a-half years imprisonment for market manipulation, in one of the most high-profile cases following the 2015 market rout,??a court in the eastern city of Qingdao said in its official Weibo account.

'This doesn't add up' - Bellamy's fight heats up

he board, led by chairman Rob Woolley, unanimously recommended that shareholders vote against all resolutions proposed ...

Directors of troubled infant milk formula group Bellamy's Australia are ramping up their campaign against dissident shareholders after unmasking original backer Jan Cameron as standing behind a key block of shares in the company.

Bellamy's Black Prince revealed

Original Bellamy's backer Jan Cameron has been unmasked as indirectly controlling its largest shareholder the Black ...

Jan Cameron, co-founder of Kathmandu retail chain, has been unmasked as the power behind the largest shareholder in troubled infant milk formula group Bellamy's Australia,

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