Latest Finance News



Aussie shares at 2-week low

Australian stocks fell to a two-week low as poor data out of Asia and the growing prospect of a recession in Europe sent investors running for cover. Stocks closed lower for the fifth day out of si..

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Hastings rejects takeover

Gas pipeline owner Hastings Diversified Utilities Fund (HDF) has rejected a surprise takeover offer by APA Group but says it's still open to a higher bid. APA Group, Australia's largest gas pipelin..

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BlueScope in trading halt

BlueScope Steel says retail shareholders took up less than half of the new shares available under a $600 million capital raising share offer. Institutional shareholders took up more than 830 millio..

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Commodities prices slump

A summary of trading in key commodities markets overseas: ENERGY World oil prices slumped as the euro tumbled close to a one-year US dollar low on the back of the eurozone debt crisis, and after..

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US, European stocks tumble

A roundup of trading on major world markets: NEW YORK - US stocks and the euro sank as worries about Europe hang over financial markets. Energy companies fell hard as the price of crude oil plun..

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