Latest Finance News



Australian bonds lower on quiet day

Australian bond futures prices are lower following a quiet day of trading. Local bond futures followed US Treasuries lower on Thursday night but UBS interest rate strategist Matthew Johnson said th..

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Stocks to watch at close on Friday

Stocks to watch on the Australian stock exchange at the close of trade on Friday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - steady at $1.165 The chief financial officer of cattle producer Aust..

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Penrice directors survive spill vote

The directors of chemicals maker Penrice Soda have survived a two strikes board spill vote with strong support for them to remain. At an extraordinary general meeting (EGM) in Adelaide on Friday, P..

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Australian market continues strong run

The Australian share market has opened higher, with sentiment still positive after encouraging economic data from China and the United States. At 1033 AEDT on Friday, the benchmark S&P/ASX200 i..

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Atlas could beat sales guidance

Atlas Iron could beat its full year sales guidance after shipping more lower grade iron ore than expected in the December quarter. The emerging Pilbara miner shipped a total of 1.75 million tonnes ..

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Australian shares close higher

The Australian market closed at a 20-month peak driven by strong gains for high yielding stocks. At the close on Thursday, the benchmark S&P/ASX200 index was up 22.4 points, or 0.47% at 4,810.2..

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Residential land sales down: HIA

New building activity in Australia could struggle to gain momentum early this year following an industry study showing a fall in residential land sales. The Housing Industry Association (HIA) resid..

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Stocks to watch at noon on Thursday

Stocks to watch on the Australian stock exchange at noon on Thursday: FMG - FORTESCUE METALS GROUP LTD - steady at $4.66 Fortescue is due to release its second quarter production report on Thurs..

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Shares plunge on OZ Minerals forecasts

OZ Minerals shares have dropped 5.6% after it forecast falling copper production and rising costs at its ageing Prominent Hill open cut mine in South Australia. The share price fall wiped out gains..

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US stocks rise on earnings, debt move

Buoyed by strong earnings results in the technology sector and progress in the Washington fiscal budget debate, US stocks have closed higher. The Dow Jones Industrial Average on Wednesday rose 67.1..

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Australian shares close higher

The Australian share market closed higher after BHP Billiton's production report exceeded expectations and weak inflation figures drove up high yielding stocks. At the close on Wednesday, the bench..

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Weak CPI gives RBA room to cut rates

The Reserve Bank of Australia has plenty of room to cut interest rates again after official figures showed inflation remains near the bottom of its target range. But the central bank is widely expe..

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Australian stocks firmer at noon

The Australian share market is trading firmer as BHP Billiton's half-year production results exceed expectations and inflation figures come in below expectations. At 1200 AEDT on Wednesday, the ben..

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Inflation numbers leave rate cut open

Weaker-than-expected inflation data released on Wednesday has given the Reserve Bank of Australia increased scope to cut the official interest rate when it meets in February. The consumer price ind..

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US stocks go higher on earnings

US stocks have shaken off weak housing sales data and jumped on the strength of some buoyant earnings reports. The Dow Jones Industrial Average on Tuesday rose 62.51 points (0.46 per cent) to 13,71..

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Hot summer hits Nufarm earnings

Shares in pesticide maker Nufarm have dropped by more than eight per cent as hot and dry conditions on the east coast weaken demand for its products. The Melbourne-based company has also announced ..

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Australian market opens higher

The Australian market is higher after mining giant BHP Billiton's half-year production report exceeded expectations and following strong leads from the US. At 1028 AEDT on Wednesday, the benchmark ..

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