Latest Finance News



Aussie stocks inch higher

The Australian share market finished stronger at a one-month high on the back of fresh investor optimism sparked by a robust Wall Street overnight. US stocks surged to their highest close of the ye..

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Sims Metal still suffering

Sims Metal Management says there are signs of a tentative recovery in the scrap metal recycling market but has not offered guidance for its full year after first half profit plunged into a loss. Si..

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Santos’s annual profit surges

Oil and gas producer Santos has maintained its annual production guidance after delivering a big lift in profit, with four recently commissioned projects poised to drive output growth. Santos on Fr..

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ANZ lifts its quarterly profit

ANZ Bank has hinted at further interest rate rises, despite its stronger than expected $1.48 billion first quarter profit. Chief executive Mike Smith said the bank's margins would "continue to be s..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange early on Friday: AAD - ARDENT LEISURE GROUP - up two cents at $1.075 Theme park operator Ardent Leisure has reported a statutory profit of $19.2 ..

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Wall Street rallies overnight

Investors sent US stocks barrelling to their highest levels of the year Thursday, buoyed by slivers of encouraging news about jobs and housing. At least for a day, they overlooked the lack of clarity ..

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