Latest Finance News



Australian stocks close flat

Australian stocks have closed flat, with the benchmark index holding above 5,000 points for a third day as weakness among the big miners was offset by gains in finance companies and defensive sectors...

Full Article >

Stocks to watch at close on Friday

Stocks to watch on the Australian stock exchange at close on Friday: ANZ - ANZ BANKING GROUP LTD - down 29 cents at $27.77 ANZ shares have fallen amid disappointment at its first quarter earning..

Full Article >

Higher local consumption lifts Tassal

Fish farmer Tassal has lifted its first half profit as it pushes more consumers eat salmon for breakfast, lunch and dinner. Tassal on Friday booked a net profit of $15.83 million for the six months..

Full Article >

ANZ says profit result temporary

A lack of business confidence on both sides of the Tasman has been a drag on ANZ's quarterly profit, something the bank has dismissed as a temporary aberration. The smallest of Australia's four maj..

Full Article >

Higher local consumption lifts Tassal

Fish farmer Tassal has lifted its first half profit as it pushes more consumers to eat salmon for breakfast, lunch and dinner. Tassal on Friday booked a net profit of $15.83 million for the six mon..

Full Article >

Australian stocks lose ground

Losses among the major banks and miners have dragged the Australian share market lower, but it continues to push above 5,000 points. At 1030 AEDT on Friday, the benchmark S&P/ASX200 index was d..

Full Article >

Sims takes $430m in writedowns

The world's largest recycler Sims Metal Management has revealed more than $430 million in writedowns, setting itself up to post a massive first half loss.The writedowns are connected to possible fraud..

Full Article >

US stocks flat despite Heinz, air deals

US stocks have traded flat despite the excitement from two giant M&A deals, the merger of American Airlines and US Airways, and Berkshire Hathaway and 3G's takeover of ketchup maker Heinz.Analysts say..

Full Article >