Stuart Condie

Australian real estate advertiser REA Group said U.K. counterpart Rightmove rebuffed a takeover proposal valuing the London-listed company at about $7.32 billion.

News Corp-controlled REA Group will have to sweeten the deal after U.K. counterpart Rightmove rebuffed its initial $7.32 billion approach.

Australia’s TPG Telecom agreed to sell its fixed-fiber network to Vocus, generating funds for future shareholder returns and investment into its mobile operations.

Governments and investors are pouring money into the search for batteries that are difficult, or impossible, to set on fire.

Australia's S&P/ASX 200 looks set to move higher at the start of trade after U.S. stocks gained amid voting in the presidential election. ASX futures are up by 0.7%, suggesting that the benchmark index will bounce from a 0.4% decline. The ASX 200 slipped on Tuesday as the country's central bank hel

Governments and investors are pouring money into the search for batteries that are difficult, or impossible, to set on fire

Aristocrat Leisure will sell its Plarium Global mobile-gaming unit to Sweden’s Modern Times Group as the Australian gaming company increasingly focuses on regulated gaming and slot machines.

Australia’s largest bank reported a flat first-quarter profit after increasing mortgage lending at a faster pace than the overall industry.

The company recently completed the relocation of its manufacturing operations from China to Thailand.

Real-estate investor HMC Capital will pay Neoen 950 million Australian dollars, equivalent to about US$616 million, for 10 assets in Australia’s Victoria state.