Latest Finance News



Aussie stocks close higher

The Australian share market ended its recent losing streak with firm gains on Monday as hopes mounted that European leaders were closer to finding a solution to the region's debt crisis. Strong US ..

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BHP concerned about trade

BHP Billiton chief executive Marius Kloppers says the European debt crisis could dry up trade finance, the lifeblood of world commerce. Mr Kloppers said there had recently been a "fairly large chan..

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Qantas flags big profit drop

Higher fuel costs, expenses from an industrial dispute and chief executive Alan Joyce's decision to ground the carrier's entire fleet have prompted Qantas Airways to forecast a sharp drop in first hal..

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Dexus names its new CEO

Property Council of Australia president Darren Steinberg will take the top job at Dexus Property Group when chief executive Victor Hoog Antink retires in March. Mr Steinberg will begin in his new r..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: BBG - BILLABONG INTERNATIONAL LTD - down 11 cents, or 3.02 per cent, at $3.53 Surfwear maker and seller Billabong says it doesn't know..

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US, European stocks mixed

A roundup of trading on major world markets: NEW YORK - US stocks closed lower in light trading on Friday, ending the worst week for the Dow Jones industrial average since late September. Major ..

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