Latest Finance News



Australian shares close slightly lower

The Australian market closed marginally lower after investors decided to reap their profits later in the day. At the close on Tuesday, the benchmark S&P/ASX200 index was down 3.1 points, or 0.0..

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Major investor backs two-strike rule

One of the country's largest investors has backed the two-strike rule for executive pay, saying it has given shareholders greater sway. The rule puts board positions at risk when 25 per cent or mor..

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Rio Tinto eyes huge growth

Rio Tinto has signalled that predictions of falls in iron ore prices hold no fear for it as it posts record annual production and says its massive expansion plans are on track. The world's second b..

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Jobless rate tipped to rise

Jobseekers may be in for a rough 2013, with the latest official employment figures expected to show a disappointing end to 2012. AAP's survey of 14 economists reveals a median forecast for the unem..

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Australian shares open flat

Australian shares have opened flat after mixed overseas leads, with mining stocks expected to drag the market down during the day. At 1016 AEDT on Tuesday, the benchmark S&P/ASX200 index was up..

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US stocks mixed; Apple weighs on Nasdaq

Stock markets had a mixed day on Monday as the Dow Jones industrials finished in positive territory while other leading indices closed in the red as earnings season gets under way. The Dow Jones In..

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