Latest Finance News



Phosphate group finds partner

Central Australian Phosphate's shares fell after Canadian gold miner Monument Mining withdrew from a two-way battle to take over the explorer.Monument has instead struck an $8.8 million deal to buy a ..

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AUD hits fresh 11-month low

The Australian dollar has hit a fresh 11-month low as investors continue to pile onto its US counterpart.The currency fell to 98.28 US cents on Thursday afternoon, a level not seen since June 2012.By ..

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Clean Seas happy to predict $4-6m loss

Fish farmer Clean Seas Tuna's shares have risen more than 27 per cent after it forecast a $4 million to $6 million full year loss and said a profit was in sight.The result would be a significant 60 pe..

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Meridian is next to fund hospitals

Meridian Energy has been confirmed as the second cab off the rank in the New Zealand government's asset sales program, but budget documents say nothing about plans for a selldown of Air New Zealand.Th..

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Brockman seeks access to FMG’s rail

Iron ore hopeful Brockman Resources is seeking access to Fortescue Metal Group's (FMG) rail infrastructure in the Pilbara region of Western Australia.The junior iron ore explorer has applied through t..

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Foxtel compensates free TV customers

Foxtel says it will compensate its customers who did not receive a promised free television within 10 days as promised as part of a promotional offer.The pay television company has given an undertakin..

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US stocks hit fresh record highs

US stocks closed at new all-time highs following a choppy day of trading on Wednesday as investors shrugged off more economic gloom from the eurozone. The Dow Jones Industrial Average rose 60.44 (0..

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