Latest Finance News



Aussie shares down for third day running

Australian shares have fallen for a third consecutive day, due to uncertainty caused by a debt ceiling stand-off in the US Congress.Uncertainty about the US budget, caused wrangles over the approachin..

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Samsung, LG end patent dispute

South Korean electronic giants Samsung and LG have agreed to end a year-long battle over display technology patents that spawned a series of lawsuits.LG Display and Samsung Display - respectively the ..

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Clean Seas kingfish production up

Fish farmer Clean Seas Tuna says it is on track to become profitable in the 2015 financial year as its kingfish production improves to its best level for years.The company said in an investor update o..

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Synlait beats profit forecast

Canterbury-based dairy processor Synlait Milk has more than doubled its full-year profit, beating its prospectus forecast. Profit was $NZ11.5 million ($A10.32 million) in the year ended July 31, fr..

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Forrest spends big on Fortescue shares

Andrew Forrest has spent close to $24 million increasing his majority stake in iron ore miner Fortescue Metals Group.The Fortescue founder and chairman bought more than 5.2 million Fortescue stocks on..

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