Latest Finance News



Australian share market closes higher

The Australian share market has closed higher on the back of a positive lead from the United States market and the prospect of a cut to interest rates. On Wednesday, the benchmark S&P/ASX200 in..

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BHP sacks Olympic Dam workers

BHP Billiton has told workers at its Olympic Dam project about further losses as the global miner seeks to slash costs. The world's largest resources company would not say how many workers would go..

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Flat retailing trend confirmed by data

Retail spending flattened out over the second half of 2012. It's hardly a controversial observation, but figures from the Australian Bureau of Statistics (ABS) on Wednesday confirm the plateau exte..

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Australian shares open

The Australian share market has opened more than half a per cent higher. At 1010 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 29.4 points, or 0.60%, at 4,912.1, while the broader Al..

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US stocks rebound on economic reports

US stocks jumped on Tuesday, recovering much of Monday's losses and picking up momentum from solid economic indicators. The Dow Jones Industrial Average finished 99.22 points higher (0.71%) at 13,9..

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