Latest Finance News



Wall Street opens higher

US stocks have opened higher, tracking the rises in European markets while shrugging off some disappointing data on retail sales and jobless claims. Five minutes into trade on Thursday, the Dow Jon..

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Aussie stocks close weaker

Australian shares finished slightly lower after a surprise profit warning from QBE Insurance and disappointing data from China weighed on prices. Shares in the insurance giant plummeted to eight ye..

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Natural disasters hit QBE

A record year for natural disasters has caused insurance giant QBE to issue the year's first major profit downgrade, sending its shares to a near eight-year low. QBE's sizeable exposure to floods i..

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Iluka revenue still growing

Mineral sands producer Iluka Resources' sales revenues in the December quarter were up 53 per cent, capping a year of strong growth in production and sales. Mineral sands, such as rutile, zircon an..

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Noni B bucks the retail blues

As tough economic conditions left most retailers' coffers emptier than hoped, fashion chain Noni B has fared better. The company on Thursday announced it expected to lift its first-half profit by u..

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Gold, copper prices rise

A summary of trading in key commodities markets overseas: PRECIOUS METALS Gold rose nearly one per cent to a one-month high, breaking ranks with the euro and equities, as evidence of strong physical..

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US, European stocks slip

A roundup of trading on major world markets: NEW YORK - US stocks opened lower on Wednesday a day after a burst of buying sent markets higher on the promising first results of the corporate earning..

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