Latest Finance News



Share rally continues

Shares have continued to rally as the banks benefit from the US Federal Reserve's decision to dilute its stimulus measures, and Telstra hits a near nine-year high. Financial stocks drove the gains ..

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Whitehaven wins court bid for coal mine

Whitehaven Coal says it will start building its controversial Maules Creek coal mine within weeks after an environmental group failed to convince a court to block the project. The $767 million prop..

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Ross Asset liquidators hunt for money

The liquidators of Ross Asset Management (RAM) are in talks with three former investors over about $NZ3.8 million ($A3.55 million) of payments they received in the two years leading up to the group's ..

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Gallagher Group expands in Australia

Gallagher Group, the privately held agricultural equipment firm, will exit its 12 per cent stake in rival Tru-Test Corp as a condition of buying Australian firm Country Electronics. The Australian ..

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Aussie stocks open higher

The Australian stock market has opened higher, with gains in financial and energy stocks offsetting weakness among gold miners. CommSec market analyst Juliana Roadley said it was likely to be a qui..

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US can pay bills until March: Treasury

The United States will run out of money to pay its bills by early March if Congress does not raise the nation's borrowing limit, Treasury Secretary Jacob Lew says. In a letter to Congress, Lew urge..

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Telstra sells HK business for $2b

Telstra shares have hit their highest level in almost nine years after selling its stake in Hong Kong mobile business CSL for around $2 billion.The Australian telco, along with fellow owner New World ..

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US stocks mostly lower as market pauses

US stocks have closed mostly lower a day after a record-setting surge spurred by the Federal Reserve easing stimulus. The Dow Jones Industrial Average edged up 11.11 points (0.07 per cent) to 16,17..

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