Latest Finance News



Aussie shares close weaker

Australian shares gave up earlier gains to end lower as renewed investor concerns about the European debt crisis took the steam out of a retailer-driven rally. CMC Markets sales trader Ben Taylor s..

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Navitas tips drop in earnings

Education provider Navitas expects second-half earnings to be weaker amid uncertainty over student visa rules. Navitas on Tuesday reported a net profit of $35.4 million for the six months to Decemb..

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AACo lifts annual net profit

Australia's largest cattle producer, Australian Agricultural Company Ltd (AACo), exported more live cattle during 2011 despite the Australian government's temporary ban on live exports to Indonesia. ..

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Capital city home prices fall

Australian capital city home prices fell by half a per cent in the December quarter, according to a private sector index. The RP Data-Rismark Home Value Index found prices fell by 0.2 per cent acro..

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Palmer sues QR National

Mining magnate Clive Palmer's China First company is launching an $8 billion lawsuit against rail operator QR National for competing with his plans to build a 500km rail link to carry coal. Mr Palm..

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EU tries to bury deficits

EU leaders have closed one chapter in the debt crisis with a German-driven treaty meant to end deficits - then launched a race to resolve Greece's bailout woes. European Union president Herman Van ..

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US stocks end slightly lower

US stocks clawed back from early losses on Monday, showing resiliency despite Greece's stalled bid to obtain a crucial debt writedown from private creditors to avoid default. Pulling back from open..

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