Latest Finance News



Australian shares close lower again

Australian stocks have fallen for a sixth straight day with investors appearing to book profits after a good year and recent negative economic news. The ASX200 is down 7.0 per cent after a year-hig..

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JPMorgan compliance costs to double

US banking giant JPMorgan Chase expects to spend $US2 billion ($A2.22 billion) in annual compliance costs starting in 2014, chief executive Jamie Dimon says. The spending is double what the bank pr..

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Aussie shares are slightly higher

Australian stocks have defied a negative lead from Wall Street to start the local session slightly higher. CommSec market analyst Juliana Roadley said the negative sentiment from Wall Street, where..

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