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The Australian share market outperformed other markets in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rival..
Tokyo stocks have dived 3.32 per cent as the US dollar hit a one-month low against the yen ahead of a closely watched US Federal Reserve policy meeting. The benchmark Nikkei 225 index, which lost n..
The Australian share market has outperformed other markets in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three r..
There's a lot of talk at the moment about how the economy has slowed, but the economy's underlying momentum is stronger than the bottom line growth figure suggests. There's no doubt that the econom..
OZ Minerals will take a hit of up to $240 million, largely due to lower copper and gold prices. The company expects its six monthly earnings results, due next month, to show a non-cash asset impair..
Construction and mining services contractor Thiess has bought Silcar, a telco infrastructure firm with contracts to roll out the national broadband network (NBN). Silcar had previously been a 50-50..
Advertising giants French group Publicis and its US rival Omnicom are to merge to form the world leader in the sector, boosting their ability to meet the demands of the digital revolution. The new ..
Falling coal prices have dampened the effect of a strong increase in production for Whitehaven Coal. The company also says it still expects to be producing coal from its controversial Maules Creek ..
US stocks have rallied from intraday lows, picking up momentum after a dreary open and ending the day narrowly in the black. The Dow Jones Industrial Average rose 3.22 (0.02 per cent) to 15,558.83...
Mining giants Rio Tinto and BHP Billiton will spend $US3 billion ($A3.26 billion) to support the world's largest copper mine, Escondida in Chile. BHP Billiton, the mine's operator, will put in $US1..
A rally by banking shares helped the Australian share market shrug off weaker resources stocks and close the week with another rise.The S&P/ASX200 fell from its earlier highs in afternoon trade but th..
Amazon.com has reported a surprise loss in the second quarter, as a 22 per cent jump in revenue was not enough to make up for rising operating expenses. The world's largest online retailer has been..
Resource companies are struggling as the Australian market opens flat. The big banks, however, are rallying as financial markets continue to expect an interest rate cut in August. RBS Morgans Ip..
Tokyo stocks have tumbled 2.97 per cent as the US dollar turned sharply lower against the yen, denting shares of major Japanese exporters.The benchmark Nikkei 225 index on Friday ended down 432.95 poi..
Facebook shares have vaulted to their highest level in more than a year as news of surging mobile revenues marked what some called a turning point for the social networking giant. The shares leapt ..
US stocks have opened lower as equities consolidated recent gains and investors prepared for a busy economic calendar next week.Five minutes into trade on Friday, the Dow Jones Industrial Average lost..
The Australian share market ended the day flat as resources stocks were hit by weaker metals prices and financial stocks rose. The market was in negative territory all day until a late rally in ban..
Macquarie Group expects profit to continue to grow as financial market conditions improve and a weaker Australian dollar boosts the value of its income from overseas. The investment bank's net prof..
Falls in the resources sector are pushing the Australian share market lower.The S&P/ASX200 index was down by about 0.3 per cent at noon, roughly in line with with the levels it hit soon after opening...
More people are signing up to gyms and buying cosmetic products online, according to a study on consumer trends. An analysis of debit and credit card transactions by the Commonwealth Bank revealed ..
Almost $490 million has been wiped from the market value of finance group McMillan Shakespeare as changes to fringe benefit tax (FBT) laws are set to severely damage its business.After emerging on Thu..
Shares in OZ Minerals have dropped more than seven per cent after the miner warned it would produce less gold this year than previously expected. The company has cut its production guidance for 201..
The US dollar has gained ground against other major currencies after strong sales of new US homes triggered fresh talk the Federal Reserve will wind down stimulus. The euro bought $US1.3199 around ..
US stocks have closed mostly lower, with weak earnings and a gloomy outlook from Caterpillar weighing down the Dow. The Dow Jones Industrial Average lost 25.50 (0.16 per cent) at 15,542.24 on Wedne..
Australian house prices reached three year highs in the June quarter and look set to keep climbing - and that's without the help of a massive government stimulus package. National median house pric..
