Latest Finance News



Aussie bond prices drift higher

Australian bond futures prices are slightly higher in quiet trade, ahead of the release of local jobs figures on Thursday. UBS interest rate strategist Matthew Johnson said there was a small rally ..

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Rising value in finance approvals

Lending for housing continued to rise in February, but in a way that's likely to please the Reserve Bank of Australia. The value of finance approvals by banks and other lenders rose by 2.9 per cent..

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Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Wednesday: AWC - ALUMINA - up 3.5 cents, or 2.8 per cent, at $1.29 Alumina's aluminium producing partner Alcoa lost $US178 million ($A..

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Myer withdraws DJ offer

Department store Myer has given up its hope of a merger with rival David Jones after being trumped by a $2.15 billion takeover offer from a South African retailer. Myer had proposed a "merger of eq..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, April 9AFJ - AFFINITY EDUCATION - in trading halt, last traded at $1.34Affinity Education is shelling out $80 million for 51 child care a..

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Commodities markets summary

A summary of trading in key commodities markets overseas:ENERGYGlobal oil prices jumped on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Done..

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Ukraine tension fuels gold price rise

Gold futures ticked to a two week high as violence in Ukraine fueled safe-haven buying.The most actively traded gold contract, for June delivery, ended up 0.8 per cent, or $US10.80, at $US1,309.10 a t..

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International markets roundup

A roundup of trading on major world markets:NEW YORK - The tech-rich Nasdaq Composite Index rallied, leading the market to its first day of gains after three straight losses.The Nasdaq added 33.23 poi..

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