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Australian shares close higher

Australian stocks shot up by 1.3 per cent, with investors cheering comments out of the US that money would continue to be pumped into the world's largest economy. Shares in Australia soared on US F..

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Fewer jobs as Aust economy slows down

Australia's unemployment rate has risen to its highest point in almost four years and economists predict conditions will get worse for jobseekers. The unemployment rate rose to 5.7 per cent in June..

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US stocks mixed on Fed minutes

US stocks ended mixed on Wednesday after the minutes of the Federal Reserve's last policy meeting suggested it could end its QE stimulus program by the end of the year. The Dow Jones Industrial Ave..

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