Latest Finance News



Stocks up 7% in first quarter

The Australian share market finished the first quarter of 2012 around seven per cent higher, with the broad All Ordinaries index closing a few points off its eight-month high. The local bourse gain..

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Qantas hikes its ticket prices

Overseas holidays and business trips are about to get more expensive after Qantas Airways raised ticket prices and increased fuel surcharges for the second time in eight weeks. Qantas on Friday sai..

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BHP iron ore boss resigns

BHP Billiton's head of iron ore Ian Ashby will stand down in July after 25 years with the resources giant. Mr Ashby will be replaced as iron ore president by BHP's energy coal president Jimmy Wilso..

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Metcash profit set for hit

Franklins supermarket owner Metcash is set to announce impairment charges that will impact on its net profit. The grocery wholesaler's shares entered a trading halt on Friday ahead of finalisation ..

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Tabcorp cheers court ruling

Gambling firm Tabcorp says a legal victory by NSW authorities over Betfair and Sportsbet will ensure the viability of Australia's racing industry. The High Court on Friday ruled in favour of Racing..

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US stocks directionless

US stocks have closed mixed on listless trade amid lacklustre new economic data a day ahead of the quarter's end. The Dow Jones Industrial Average closed up 19.61 points (0.15 per cent) at 13,145.8..

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