Latest Finance News



Vodafone committed to Australia

Vodafone has scotched rumours that it is looking to offload its Australian mobile phone joint venture. The news came as the former head of Vodafone in Japan and the United Kingdom, Bill Morrow, was..

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Aussie stocks finish weaker

The Australian share market finished weaker in line with Asia bourses, as investors digested comments on monetary policy from the central bank amid concerns about a possible slowing of China's demand ..

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RBA to ban high card fees

Businesses will be banned from imposing excessive credit card charges on customers under plans being developed by the Reserve Bank of Australia (RBA). Under the proposal, credit card providers such..

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Optus says job cuts likely

Optus workers are the latest to find themselves in the firing line as the telco reviews its operations. Optus on Tuesday confirmed it would cut its 9,500-strong workforce as management casts an eye..

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Sundance strikes rail deal

African-focussed iron ore explorers Sundance Resources and Equatorial Resources are exploring the potential to share rail infrastructure. Sundance's Mbalam/Nabeba iron ore project straddles the rep..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange early on Tuesday: COH - COCHLEAR LTD - up 70 cents at $57.95 Ear implant manufacturer Cochlear has led its workers "down the garden path" by refu..

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US stocks extend upswing

US stocks have finished at new multi-year highs, extending last week's solid gains, after Apple's shock announcement of a massive dividend plan and share buyback plan and UPS's takeover deal for TNT. ..

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