Latest Finance News



Australian share market closes lower

The Australian share market closed lower on Wednesday, dragged down by the four big banks. Falls among financial stocks came despite some gains in the materials sector, with the big miners finishin..

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Australian share market lower at noon

The Australian market was lower at noon as the four big banks posted losses as investors booked in profits. The financial sector was dragging down the local market, despite some gains in the materi..

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Home loans fell 1.5% in Jan

The number of home loans approved in January fell 1.5 per cent to 44,383, official figures show, a fourth consecutive monthly fall. That compared to 45,075 approvals in December. Economists had ..

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Australian shares open weaker

The Australian share market has opened weaker, with falls in banking stocks outweighing gains from miners. At 1015 AEDT on Wednesday, the benchmark S&P/ASX200 index was down 3.1 points, or 0.06..

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BHP denies bribery claims

BHP Billiton has denied any wrongdoing after the Australian Federal Police (AFP) and US authorities launched an investigation into bribery allegations surrounding the company's sponsorship of the Beij..

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Dow manages sixth record high

US stocks closed mostly lower on Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings. The Dow Jones Industrial Average edged up 2.77 points (0.02 per cent)..

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Australian market set to open higher

The Australian market is set to open higher as Wall Street posted a small rise and on better news from Spain, where borrowing costs eased. At 0712 AEDT on Tuesday, the March share price index futur..

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