Latest Finance News



RBA to hold rates: survey

The central bank is unlikely to move the interest rate before the end of 2011 and economists are divided on whether the cash rate will go up, down or stay on hold in 2012.The Reserve Bank of Australia..

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China’s manufacturing falls

Manufacturing activity in China contracted for the third straight month in September, HSBC data showed on Friday, due to lucklustre demand amid turbulence in the United States and Europe.The HSBC purc..

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Aussie dollar drops further

The Australian dollar was slightly lower after Germany's parliament overwhelmingly approved expanding the powers of the eurozone bailout fund in a major step toward tackling the bloc's sprawling sover..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday:CSL - CSL LTD - up $1.06, or 3.68 per cent, at $29.87Pharmaceutical company CSL Ltd says it has addressed the majority of manufacturing flaws..

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Metcash completes Franklins takeover

Grocery wholesaler Metcash is still confident its $215 million purchase of Franklins supermarkets will increase annual sales by over $500 million, after completing the takeover deal.Metcash said the t..

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Copper prices take a dive

Traders are closing out positions on copper stocks ahead of fresh manufacturing data from China amid fears the Asian superpower faces an economic slow-down.Ivanhoe Mines fell 11 cents, or 9.4 per cent..

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US, Euro stocks slide again

A roundup of trading on major world markets: NEW YORK - US stocks closed sharply lower after an early rise Wednesday as worries persisted over whether the eurozone would come up with an effective a..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday:APN - APN NEWS & MEDIA LTD - down three cents, or 3.33 per cent, at 87 centsAPN News & Media has re-affirmed earnings guidance for the seco..

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Qantas-AA alliance approved by ACCC

Qantas says the newly approved partnership with American Airlines (AA) is a key plank in turning around the airline's loss-making international operations.The competition regulator has given the green..

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Nufarm says outlook good

Agricultural chemicals supplier Nufarm says it is well placed to grow operating profit this year as it diversifies its product range away from the weedkiller glyphosate.Nufarm also said that the gener..

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