Latest Finance News



Shares rise on Cup day

Australian shares have delivered a strong finish on Melbourne Cup day, with the big miners leading the way.The Reserve Bank's decision to leave the cash rate unchanged in November had little impact on..

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Jobless rate expected to drift higher

Australia's jobless rate is expected to drift higher, despite the recent pickup in economic data and improvement in consumer and business confidence. The unemployment rate is forecast to rise to 5...

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Twitter hikes IPO share price range

Twitter has boosted its public stock offering to as much as $US2 billion, suggesting strong demand for its shares and a higher overall value for the one-to-many messaging platform. The regulatory f..

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Australian shares open higher

The Australian stock market has opened higher following a solid lead from the US and ahead of the Reserve Bank of Australia's monthly interest rate decision. RBS Morgans senior private client advis..

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Telstra to list Chinese car site on NYSE

Telco giant Telstra plans to float a Chinese website billed as the world's most visited car classifieds site on the New York Stock Exchange.Autohome, which was set up in June 2005, attracts 80 million..

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Services sector slowly recovering

The services sector is moving slightly closer to growth but weak consumer demand is dampening progress, despite the fact that Christmas is around the corner.The Australian Industry Group Australian Pe..

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US stocks rise ahead of GDP, jobs data

US stocks have ended a quiet day higher as investors look ahead to important economic reports later in the week, including the monthly jobs report. The Dow Jones Industrial Average on Monday tacked..

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