Latest Finance News



Santos sticks up for CSG, posts profit

Santos Ltd's boss says coal seam gas (CSG) is a crucial way forward to a low carbon economy and many attacking it oppose the resources industry generally.Greens senators Bob Brown and Christine Milne ..

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Aussie stocks close down

The Australian share market closed weaker on profit-taking, led lower by the big miners and banks. At 1615 AEST on Thursday, the benchmark S&P/ASX200 index was 52.7 points, or 1.22 per cent, lo..

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Wesfarmers profit up 23%

Wesfarmers will embark on a $3 billion expansion plan this financial year as it shrugs off a hit from natural disasters and weak consumer sentiment. The owner of retailers Coles and Bunnings and co..

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AMP’s net profit declines

Wealth manager AMP Ltd expects investor caution to remain for some time, meaning money will continue to be pulled from markets and placed in term deposits. The investment manager and Australia's la..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday: ARP - ARB CORPORATION LTD - up 38 cents at $7.74 Shares in ARB Corporation surged by six per cent after the company posted a 16 per ..

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International financial news

A roundup of news in finance, economics and business from around the world: PARIS - France's President Nicolas Sarkozy and German Chancellor Angela Merkel have sent a joint letter to EU president H..

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