Latest Finance News



UGL to review corporate structure

UGL is considering whether to split its engineering and property services operations. UGL said on Tuesday it was reviewing its corporate structure, given its property services division now generate..

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Australian share market opens lower

The Australian share market has opened lower over renewed jitters about the euro zone, following a bailout deal for Cyprus. IG Markets market strategist Stan Shamu said the Australian market had op..

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Cyprus banks closed until Thursday

The Central Bank of Cyprus says the country's finance minister has decided to order all banks in the country to remain shut until Thursday.The announcement late on Monday came hours after the central ..

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Warm weather eats into Kathmandu sales

Australia's long hot summer appears to be hurting sales at adventurer retailer Kathmandu.The retailer managed to lift its first half profit by 73 per cent, but the hotter-than-expected weather in Febr..

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