Latest Finance News



Aussie stocks rally by 1%

Australian shares rose one per cent in the second consecutive day of gains as financial and real estate companies led the market higher.The benchmark S&P/ASX200 index was up 43.9 points, or 1.08 p..

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Harvey tips slow Christmas

Harvey Norman isn't expecting a wonderful Christmas season after consumer electronics sales copped a hiding in 2011. Chief executive Gerry Harvey says stores are selling large numbers of television..

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IAG predicts bigger storms

Australia will be hit by more severe cyclones stretching as far south as NSW in the coming decades, one of the country's largest general insurers predicts. Severe hailstorms will also double in fre..

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Fitch lowers US outlook

Ratings agency Fitch has reaffirmed the United States' top credit rating, but downgraded the outlook to negative as it projected slow growth, political stalemate and rising levels of debt this decade...

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US, European stocks rally

A roundup of trading on major world markets: NEW YORK - A strong start to the US shopping season and fresh proposals for a far-reaching solution to Europe's debt crisis sent stocks sharply higher o..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON LTD - up 80 cents, or 2.35 per cent, at $34.85 BHP Billiton chief executive Marius Kloppers says the European debt..

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