Latest Finance News



Australian share market closes higher

The share market has closed higher after the central banks of India and Turkey lifted interest rates to counter a sell-off in their currencies and ease investors' concerns about the stability of emerg..

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Drillsearch production estimates soar

Oil and gas explorer Drillsearch Energy has increased its 2014 production guidance by around a million barrels. In a forecast representing a new record for Drillsearch, the company said it would pr..

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Forge shares down on earnings downgrade

Shares in Forge Group have dropped another eight per cent following more bad news from the engineering company, which now says it expects to post a full-year loss of up to $25 million. Having flagg..

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Atlas Iron to ship more iron ore

Mid-tier iron ore miner Atlas Iron has lifted its forecast for shipments of iron ore in its 2014 financial year and says prices for the commodity are strong. The Pilbara-focused company on Wednesda..

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Saputo increases stake in WCB

Investors selling their stake in Warrnambool Cheese and Butter Factory to Canadian dairy giant Saputo will now receive an increased return of $9.40 per share. Saputo on Wednesday announced it had r..

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Australian shares firm as volumes climb

Australian shares are firmer, despite bank stocks being mixed as investors remain anxious ahead of the US central bank's expected decision to keep tapering its stimulus measures. A surge in the vol..

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Unemployment rates fall in 39 US states

Unemployment rates have fallen in four-fifths of US states in December and rose in just two, though most of the improvement stemmed from unemployed Americans giving up on their job searches. The La..

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