Latest Finance News



Aust stocks close lower

The Australian share market has closed in red territory, dragged lower by retail giants Wesfarmers and Woolworths as well as banking stocks. Investors dumped shares as part of the end of the month ..

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Aust stocks largely flat

The Australian share market has closed slightly higher following a lacklustre performance from the heavyweight banks and mining stocks. IG market analyst Angus Nicholson said the US dollar was resp..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has closed lower as a bounce in Apple failed to offset concerns that the US Federal Reserve could raise interest rates sooner tha..

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Aust market closes lower

The Australian share market has finished lower, weighed down by mining and banking stocks.CMC Markets analyst Ric Spooner said the Australian share market was a bit softer on Monday following a fall i..

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US rate hike fears weigh on shares

The share market has fallen due to increasing expectations of a US interest rate hike. Better than expected US inflation data and comments from US Federal Reserve officials have sparked concern the..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange: ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP - up 20.00 cents, or 0.82 per cent, at $24.51 ANZ Bank is cutting 200 local jobs, blaming tough ec..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has sold off as chances of an interest rate hike later this year rose after data pointed to firming inflation. US consumer pri..

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International markets roundup

A roundup of trading on major world markets NEW YORK - US stocks have fallen as a decline in oil prices added to pressure from consumer companies after gloomy quarterly reports from Nordstrom and J..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have ended mixed, with gains in telecommunications and consumer staples helping make up for a tumble in Apple to a two-year low. ..

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Aust market closes higher

The Australian share market has been pushed higher by gains in energy and resource stocks. The S&P/ASX200 index closed up 29.5 points at 5372.3 points despite a decline in financial stocks. ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has ended mixed after a rally in Allergan Plc and other healthcare companies offset a decline in energy shares. Five of 10 S&a..

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Stocks to watch

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has again fallen, dropping below the $US55 mark, down $U..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have declined for a second day, weighed down by tepid data on private sector US jobs and a retreat in biotech shares. The ADP pr..

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Aust market falls, big drop for BHP

The Australian share market has closed more than one per cent lower as weaker prices for iron ore and oil pulled back resources and energy stocks. Trading was marked by a big drop in global miner B..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have fallen after weak economic data in China and Europe reignited worries about global growth, while oil prices dropped for a seco..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has continued its recent decline, falling $US2.83,to $US..

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Aust share market up 2%

The Australian share market has jumped nearly two per cent to a new high for 2016, boosted by investors looking for bargains among the big banks, and a cut to interest rates. CMC Markets' Michael M..

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China manufacturing slowed in April

Chinese manufacturing activity weakened further in April despite government stimulus, a survey shows, indicating the economy has yet to rebound from a downturn. The Caixin magazine purchasing manag..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange: ANZ - ANZ BANKING GROUP ANZ Bank releases half year results on Tuesday. ORG - ORIGIN ENERGY STO - SANTOS WPL - WOODSIDE PETROLEUM Oi..

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RBA cuts cash rate to 1.75%

The Reserve Bank has cut the cash rate to a record low of 1.75 per cent to help push inflation into its target range. RBA governor Glenn Stevens said the 0.2 per cent drop in March quarter consumer..

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