Latest Finance News



Aussie stocks close higher

The Australian stock market closed higher after a positive lead from Wall Street, shrugging off higher unemployment levels in Europe. The benchmark S&P/ASX200 index was up 17.6 points, or 0.41 ..

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GDP results tipped to slow

The pace of growth is expected to have slowed in late 2011, economists say. AMP Capital chief economist Shane Oliver said he was expecting a slowing in the pace of economic growth for the final thr..

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Sundance heavily traded

Sundance Resources was heavily traded after the iron ore explorer entered an agreement with a private West African company about sharing infrastructure planned for the Perth-based company's Mbalam/Nab..

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Qantas-SAA deal rejected

Australia's air services regulator has rejected a bid by Qantas Airways and South African Airways (SAA) to continue their code-sharing alliance on flights between the two countries. The Internation..

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Potential buyer for Unibic

The cookie may have crumbled for biscuit maker Unibic Australia but a potential buyer has come to the table, just a day after company was placed into administration. Insolvency firm Lawler Draper D..

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Banks lead US stock rally

Banks dodged a big hit from the Greek debt crisis and rallied on Thursday to lead the stockmarket higher. Strong retail sales and more encouraging news about the US job market also helped stocks rise...

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange early on Friday: LEIGHTON HOLDINGS LTD - down 25 cents at $25.30 An anti-corruption unit of the Iraqi Oil Ministry reportedly is investigating wh..

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