Latest Finance News



Australian shares close higher

Australian shares finished slightly higher on Tuesday, stemming the market's five-day run of losses. Investors largely sat on the sidelines after the US and UK markets were closed overnight, offeri..

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BoQ appoints new chairman

The Bank of Queensland has appointed former Citigroup managing director Roger Davis as its chairman. The appointment of 59-year-old Mr Davis follows the retirement of BoQ chairman Neil Summerson wh..

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Cabcharge shares down on cut to fees

Shares in taxi payments company Cabcharge have tanked after the Victorian government said it would order it to slash fees on card payments by half. The share price fall came after Victorian Premier..

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Kiwi takes breather after 5.4% slide

The New Zealand dollar was little changed in local trading as investors compose themselves after a 5.4 per cent slide against the greenback on improving prospects for the US economy. The kiwi trade..

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New Hope reduces coal production

Coal miner New Hope Corporation's production dropped in the three months to April as it dealt with excess coal stocks and weak market conditions. The company produces thermal coal from open cut min..

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