Latest Finance News



Aussie stocks end higher

Australian shares closed marginally higher after fresh domestic economic data boosted sentiment, while there was opportunistic buying in industrial stocks.The benchmark S&P/ASX200 index finished u..

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Future uncertain for Centro

The future of shopping centre owner Centro remains uncertain, with no sign of when a court will deliver its verdict on the company's restructure plans.Securityholders last week approved the amalgamati..

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City home prices fall by 4%

Australia's housing sector is continuing to struggle, with further falls in home prices and sales of new dwellings close to the lowest level in a decade. Capital city home prices fell by four per c..

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Lynas welcomes lower prices

Australia's largest rare earths miner Lynas Corporation says prices for rare earths have fallen in recent months, which is a healthy development for the industry. Lynas is in the development phase ..

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US consumers rebound

US online sales rose 33 per cent on the Monday after the Thanksgiving holiday weekend, a report by a sales tracking agency says. The average order rose 2.6 per cent to $US193.24 ($A195.80) on the d..

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US stocks rally over 4%

US stocks have soared by four per cent after major central banks joined hands to ensure commercial banks would not be undermined by market worries over the eurozone crisis.Sharply higher from the open..

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