Latest Finance News



Australian shares close higher

The Australian share market closed higher after BHP Billiton's production report exceeded expectations and weak inflation figures drove up high yielding stocks. At the close on Wednesday, the bench..

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Weak CPI gives RBA room to cut rates

The Reserve Bank of Australia has plenty of room to cut interest rates again after official figures showed inflation remains near the bottom of its target range. But the central bank is widely expe..

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Australian stocks firmer at noon

The Australian share market is trading firmer as BHP Billiton's half-year production results exceed expectations and inflation figures come in below expectations. At 1200 AEDT on Wednesday, the ben..

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Inflation numbers leave rate cut open

Weaker-than-expected inflation data released on Wednesday has given the Reserve Bank of Australia increased scope to cut the official interest rate when it meets in February. The consumer price ind..

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US stocks go higher on earnings

US stocks have shaken off weak housing sales data and jumped on the strength of some buoyant earnings reports. The Dow Jones Industrial Average on Tuesday rose 62.51 points (0.46 per cent) to 13,71..

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Hot summer hits Nufarm earnings

Shares in pesticide maker Nufarm have dropped by more than eight per cent as hot and dry conditions on the east coast weaken demand for its products. The Melbourne-based company has also announced ..

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Australian market opens higher

The Australian market is higher after mining giant BHP Billiton's half-year production report exceeded expectations and following strong leads from the US. At 1028 AEDT on Wednesday, the benchmark ..

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BHP production beats expectations

BHP Billiton is on track to lift its full year iron ore production after enjoying a better-than-expected result in the final three months of 2012.BHP beat analysts' expectations on Wednesday with iron..

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