Latest Finance News



Local shares rattled by US jitters

The sharemarket remains significantly weaker as investors react to surprisingly weak US manufacturing data. Investors' risk appetite has shrunk after figures showed growth in the US manufacturing s..

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RBA signals end of rate cut cycle

The Reserve Bank of Australia has bad news for borrowers - no more interest rate cuts for some time. The RBA kept the cash rate unchanged at its first board meeting of 2014, highlighting an improve..

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Australian shares open sharply lower

The sharemarket has dropped sharply following the US market's worst fall since last June. A brutal night on Wall Street left the S&P 500 down 2.28 per cent after weaker-than-expected US manufac..

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REA Group committed to global expansion

Online real estate advertiser REA Group remains committed to its expansion into Italy despite economic challenges in the European nation. The company behind realestate.com.au increased its net prof..

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Downer EDI lifts first half profit

Engineering and construction company Downer EDI expects the rest of this financial year will remain a period of consolidation for the business, rather than growth. But the maker of passenger and fr..

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US stocks sink more than 2%

US stocks have fallen more than two per cent after a surprisingly weak US manufacturing report sparked another round of selling amid concerns about the strength of the global economy. The Dow Jones..

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