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PepsiCo says profits fell in the second quarter, but sales volume is up and it has raised its earnings-per-share outlook for the year to 8 per cent.
The RBNZ says it will wait and see if four consecutive OCR rises are having the desired effect before thinking about a fifth hike.
The median capital city house price grew by 10 per cent last financial year, and the boom shows no sign of slowing.
Five people who worked for a US food supplier in China have been detained over the sale of expired meat, mainly to fast food outlets, including McDonald's.
Rio Tinto boss Sam Walsh has delivered a positive appraisal of global demand for iron ore, despite current price weakness.
Shares in Biotron have soared as the anti-HIV drug developer presented new data to an international AIDS conference in Melbourne
Australia's biggest home lender the Commonwealth Bank has sparked a price war after dropping its five year fixed home loan rate to 4.99%.
Market watch top headlines
Breaking finance news
SYDNEY, July 24 AAP 07:52AM
A summary of trading in key commodities markets overseas:
Currency snapshot at 0700 AEST on Thursday
The stock market in New York has closed MIXED, with the S&P 500 reaching a new record high.
SYDNEY, July 24 AAP 07:18AM
A roundup of trading on major world markets:
SYDNEY, July 24 AAP 07:02AM
The Australian market looks set to open higher after a mixed performance on Wall Street where the S&P 500 reached a record high.
NEW YORK, July 23 AFP 06:56AM
General Motors has announced six recalls covering nearly 718,000 vehicles in the US, adding to its recall tally after an ignition-switch auto safety scandal.
NEW YORK, July 23 AFP 06:59AM
The S&P 500 has closed at a new record high after strong Apple earnings lifted the tech sector on a mixed day for stocks.
Currency snapshot at 0630 AEST on Thursday
NEW YORK, July 23 AFP 06:19AM
World oil prices have advanced after the US government reported a surprisingly large decline in the nation's oil inventories.