Latest Finance News



Aussie shares close down

The Australian share market closed lower on Wednesday after a positive lead from United States markets was outweighed by continued concerns about Europe's debt problems. At the close, the benchmark..

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Starpharma raises $32m

A $32 million cash injection has given a boost to biotech Starpharma's plans to carry out advanced tests of a treatment for a common bacterial infection in women. The Melbourne-based company raised..

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Solid quarter for Cabcharge

Cabcharge Australia says its results for the first quarter of the financial year were beyond its expectations. "Looking ahead, we are confident about our prospects," chairman Reg Kermode told the C..

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QR finalises $900m contract

Rail operator QR National says all conditions on a 10-year, $900 million rail haulage agreement with Gindalbie Metals have been finalised. Under the agreement, announced in June, QR National will t..

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Tiger cleared to boost flights

Tiger Airways has been cleared to increase its number of flights in Australia ahead of the busy Christmas travel period. Singapore-based Tiger received approval from the Civil Aviation Safety Autho..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, November 16 BHP - BHP BILLITON - down 62 cents at $36.88 South Australian Premier Jay Weatherill has backed Prime Minister Julia Gi..

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