Latest Finance News



BC Iron eyes acquisitions

Junior iron ore producer BC Iron is hunting for acquisitions and has achieved positive quarterly cashflow for the first time after beating its production guidance. Shares in BC Iron finished up two..

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Preview of the inflation data

Economists believe the rate of inflation in Australia is continuing to slow although it maybe the cooling world economy that will play a greater role in cutting interest rates. The falling inflatio..

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Fashionistas boost economy

Fashionistas are saving Australia's economy. A flurry of spending in clothing stores in December 2011 was, in part, responsible for the modest recovery in spending for the month, according to the C..

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US, European stocks end up

A roundup of trading on major world markets: NEW YORK - US stocks closed higher overnight following strong bank earnings and a decline in applications for unemployment benefits. The Dow Jones in..

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Hastings refuses APA bid

Gas pipeline owner Hastings Diversified Utilities Fund (HDF) says it is already a profitable company that does not need rival APA Group and has rejected what it calls an opportunistic bid. APA Grou..

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