Latest Finance News



Banks pull Aussie stocks lower

The Australian share market has closed lower for the sixth consecutive session as gains among the major miners failed to offset falls by the big four banks. Concerns about a slowdown in China and f..

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Aussie shares down for sixth session

The Australian sharemarket has fallen for a sixth consecutive session, following one per cent falls in banking stocks. At the close on Wednesday, the benchmark S&P/ASX 200 index was down 38.1 p..

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Sydney housing undersupply to continue

The lack of available housing in Sydney will take up to five years to correct, according to one of Australia's largest property developers. Stockland chief executive Mark Steinhart said despite eff..

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Markets cheer China stimulus report

A reported $US81 billion ($A87.6 billion) injection into China's major banks is the first of a series of expected stimulus measures by Beijing to boost the world's second largest economy, analysts say..

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Banks drag Aussie share market lower

The Australian share market is trading lower as international investors retreat from the major banks. "International investors that have been investing in this country for the last three or four ye..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reser..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: FMG - FORTESCUE METALS - up four cents, or one per cent, at $4.00 AGO - ATLAS IRON - up 1.5 cents, or 2.6 per cent, at 59 cents ..

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