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The Dow Jones Industrial Average has risen above 15,000 for the first time following a solid US jobs report. At 1429 GMT on Friday (0029 AEST, Saturday), the Dow reached 15,000.54, up 173.96, or 1...
European and US stock markets have soared, with the Dow, S&P 500 and Germany's Dax setting new records, as strong US jobs data for April revived confidence in the US economic recovery. At the e..
US stocks have soared to new closing records after a strong US jobs report revived confidence in the economic recovery. The Dow Jones Industrial Average was up 142.38 (0.96 per cent) to 14,973.96 o..
US stocks have jumped after the Department of Labor reported solid jobs gains for April and a slight decline in the unemployment rate. Five minutes into trade on Friday, the Dow Jones Industrial Av..
The Australian sharemarket closed flat amid profit taking in the booming bank stocks and some worries about global growth. The market was up 0.6 per cent for the week despite it posting losses from..
The Reserve Bank fo Australia is likely to cut interest rates to never-before-seen lows this year, but economists don't think the move will come this month. None of the 13 economists surveyed by AA..
JB Hi-Fi shares are up six per cent after the retailer said it expected full-year profit to increase by up to 11 per cent. JB Hi-Fi on Friday said it expected sales in 2013 to be around $3.3 billio..
Gold futures have gained as traders bet demand for the metal would rise after the European Central Bank (ECB) lowered its interest rate and the Federal Reserve signalled a steady hand on its easy-mone..
Westpac shareholders will be rewarded with a special dividend after the bank posted a record $3.3 billion first half profit. However, Westpac chief Gail Kelly dampened hopes of similarly rewarding ..
Shareholders in Alumina have lost patience with the company's poor performance delivering a first strike vote against its executives pay. Chief executive John Bevan's $A2.2 million plus salary pack..
Travellers can expect to enjoy cheaper domestic airfares for a little longer, as Australia's major carriers keep adding seats into the local market. Qantas chief executive Alan Joyce says that alth..
The S&P 500 has reached a new all-time high, boosted by an expected European Central Bank interest rate cut and a surprisingly good US jobless claims report. The S&P 500 rose 14.89 points, ..
Kraft Foods has reported first-quarter results that beat Wall Street expectations as it increased sales and cut costs following its split from its global snack business. The company, based in North..
The Australian share market has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. OptionsXpress market analyst Ben Le Brun said the local bourse h..
The nation's second-largest energy retailer AGL Energy has blamed intense competition and weak demand for a reduction in expected profit. AGL Energy said on Thursday it expected full year net profi..
The world's biggest fund managers remain positive about the global equities market, but have tempered their enthusiasm, while showing greater interest in Asian bonds, new research shows. The latest..
The Australian dollar has enjoyed a huge surge on the back of booming mining and resources export prices but that is unlikely to happen again, a leading economist says. AMP chief economist Shane Ol..
Looking through the volatility in the data, the picture of a building sector at a low ebb even after a series of interest rate cuts is clear. The number of approvals to build new homes fell by 5.5 ..
Struggling telco Vodafone Hutchison Australia (VHA) is improving its performance but will still report a loss in 2013, says part-owner Hutchison Telecommunications Australia (HTA).HTA and Vodafone eac..
Ports and rail operator Asciano has surprised the market by slashing about $250 million in spending and rushing in job cuts in a worrying sign for the Australian economy.Planned spending on its Pacifi..
Technology giant Apple has confirmed it sold $US17 billion ($A16.47 billion) in bonds in the biggest corporate debt issue ever. The bond sale, described in documents filed with the Securities and E..
US-based suitor Archer Daniels Midland (ADM) has completed the due diligence process for its proposed $3 billion-plus takeover of Australian grains marketer GrainCorp.ADM was now "required to make a t..
US stocks have rallied after an expected European Central Bank interest rate cut and a strong report on US jobless claims.Five minutes into trade on Thursday, the Dow Jones Industrial Average gained 4..
The Australian stock market has closed lower, with weakness among the major miners helping snap a two-day rally. Weaker commodities prices in offshore trade, as well as some disappointing Chinese m..
Qantas has pulled back the number of seats in the domestic market for a second consecutive month. The Flying Kangaroo reduced domestic capacity by 0.4 per cent in March and reported a drop in load ..
