Latest Finance News



Australian shares close higher

The Australian share market turned positive again after two days of losses, with investors buoyed by strong overseas leads. The ASX200 cracked the 5000-point mark for only the third time in 20 days..

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Shale starts to pay off for BHP

BHP Billiton's much maligned $20 billion shale oil and gas acquisitions are bearing fruit. BHP said its biggest oil producing field was not a typical offshore one, but an unconventional onshore sha..

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NZ government sues James Hardie

Australian building products maker James Hardie is being sued by the New Zealand government over a $NZ1.5 billion ($A1.24 billion) repair bill for leaky school buildings. The New Zealand Ministry o..

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Australian share market trading higher

The Australian share market is trading higher, led by the big banks, after local investors were buoyed by a lift in markets in the United States. On Wall Street in the US on Tuesday, stocks rose on..

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Carsales expands to Brazil

Carsales.com looks set to soon be selling cars in Brazil. The online classifieds business has signed a binding term sheet and begun exclusive negotiations to take a 30 per cent stake in Brazil's We..

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Coca-Cola’s Q1 earnings fall 15%

Coca-Cola's first-quarter earnings have dropped 15 per cent partly due to restructuring costs, though unit case volumes edged up. The world's largest beverage company also unveiled a new partnershi..

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BHP shares rise on high production

BHP Billiton's shares have opened higher after it maintained full year production guidance for key commodities in its latest quarterly report.The world's largest diversified resources company posted p..

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