Latest Finance News



Australian shares close higher

The Australian share market closed higher, following an afternoon run on the back of economic data from China showing that exports rose by 14.1 per cent. At the close on Thursday, the benchmark S&a..

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Australand may lose major shareholder

Property group Australand's major shareholder is reviewing its investment in the company. Capitaland, a major real estate company based in Singapore, intends to conduct a strategic review of its in..

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Housing construction picks up

Australia's housing construction sector appears to be finally picking up but economists and industry groups warn further interest rate cuts may be needed to ensure the nascent recovery gathers steam. ..

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US shares gain despite earnings caution

US stocks have closed higher after two days of losses to close as cautious investors await fourth-quarter earnings results. At the close of trade on Wednesday, the Dow Jones Industrial Average was ..

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