Latest Finance News



Greek deficit reaches 9.6%

Greece's public deficit for 2011, a key indicator of the country's economic recovery closely monitored by its creditors, reached 9.6 per cent of output, the development minister said on Wednesday. ..

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Coalworks developing assets

While the market speculates about when Whitehaven Coal will bid for Coalworks, the likely takeover target says it will get on with developing its NSW coal assets in 2012. Massive international dema..

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Aussie stocks close higher

Australian shares posted their second straight day of gains after a rise offshore markets sparked hopes for a pickup in the world economy. Shares ended near their highest point in four weeks as a g..

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Unemployment likely to rise

A fall in job vacancies in the latter months of 2011 is a warning that the unemployment rate is likely to edge up in the months ahead. That positive side of that warning is an enhanced prospect of ..

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Shares at one-month high

Australian shares gained more than one per cent as an upbeat start to the US earnings season and hopes of further monetary easing in China sparked a rally in global stocks. At 1200 AEDT on Tuesday ..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange at noon on Wednesday: AKI - AFRICAN IRON ORE - up 14 cents, or 35 per cent, at 54 cents South African mining company Exxaro is set to buy African..

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Wall Street shoots higher

A roundup of trading on major world markets: NEW YORK - US stocks shot higher out of the gate on Tuesday, boosted by a jump-start to the corporate earnings season and China's shrinking trade surplu..

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