Latest Finance News



Australian shares finished 0.5% lower

The Australian share market pared back early losses to finish lower for the second consecutive day as weaker global markets weighed on local sentiment. The losses on Tuesday came after global marke..

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Australian shares open lower

The Australian share market has opened weaker after markets around the world plunged overnight. At 1041 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 26.4 points, or 0.54%, at 4,881...

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Cochlear makes $77.7m H1 profit

Hearing implants maker Cochlear has made a first-half net profit of $77.7 million after a record six months of sales.The company said its net profit for the six months to December 31 rose to $77.7 mil..

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CityLink traffic growth subdued

Toll road operator Transurban says traffic growth on its main asset, CityLink, in Melbourne, still has not returned to the levels prior to the global financial crisis (GFC).Transurban on Tuesday booke..

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US stocks slump amid eurozone worries

US stocks have closed sharply lower as signs of political instability in Italy and Spain renewed worries about the eurozone's long-running public debt crisis. The Dow Jones Industrial Average dropp..

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