Latest Finance News



Australian share market closes lower

The Australian share market clawed back some of its earlier losses but still closed lower on Tuesday on the back of investor concern over emerging markets. Weakness in the resources sector and amon..

Full Article >

Downer wins contracts worth $100m

Engineering and mining firm Downer EDI has won two contracts worth about $100 million with BHP Billiton Iron Ore in Western Australia. Under a contract worth about $40 million, Downer will design a..

Full Article >

Australian shares stage slight recovery

Australian shares have recovered some of the heavy losses posted in early trade, but remain weaker as investors take a cautious approach ahead of a US central bank meeting. US Fed chairman Ben Bern..

Full Article >

Australian stocks open lower

Australian stocks have fallen heavily after resuming trade after the Australia Day public holiday, due to a recent sell off on Wall Street. Wall Street's Dow Jones Industrial Average took a near tw..

Full Article >

JB Hi-Fi half-year profit rises by 10%

Home entertainment retailer JB Hi-Fi's 10 percent profit increase has been welcomed by shareholders, adding more than $90 million to its market value. But the electronics and DVD seller's good news..

Full Article >

Boral flags weak second half

Building products maker Boral expects strong profit growth for the first half of the financial year, but has flagged weaker earnings for the second half. Boral expects its net profit for the six mo..

Full Article >

US new-home sales slip in December

Sales of new US homes fell seven per cent in December, but were enough to sustain a full-year gain of 16.4 per cent compared with 2012. New sales for single-family homes ran at an annual pace of 41..

Full Article >

US stocks decline again amid anxiety

US stocks have finished lower again as investors anxiously awaited a busy week of economic news that includes a US Federal Reserve policy meeting. The Dow Jones Industrial Average slumped 41.23 poi..

Full Article >