Latest Finance News



Australian shares close higher

The Australian market has closed higher after a volatile day of trading due to the impending federal budget. RBS Morgans private client adviser Craig Walker said the local market had been all over ..

Full Article >

Mighty River Power drags down NZX

New Zealand shares fell on Tuesday as recently listed Mighty River Power continued to dominate trading, dropping to within 1 cent of last week's offering price. P The NZX 50 Index declined 25.78 po..

Full Article >

Macmahon shares soar on update

Mining services provider Macmahon Holdings' shares have shot up by more than 20 per cent after it detailed positive growth in a "changing and challenging environment". Macmahon in an update on Tues..

Full Article >

Barminco refinances $US485m in debt

Mining contractor Barminco has refinanced $US485 million in debt.Barminco said the senior note offering was oversubscribed."The note facility will provide Barminco with a simplified, long-term debt st..

Full Article >

Boart Longyear announce interim CFO

Mineral drilling services and products supplier Boart Longyear has named Jay Clement as its acting chief financial officer. Mr Clement, vice president Treasury and Investor Relations, will step int..

Full Article >

Dull data leaves US stocks flat

US stocks have traded largely flat under the shadow of poor Chinese economic data and a slight gain in US monthly retail sales. The S&P 500 managed to set a new closing record, but only on the ..

Full Article >