Latest Finance News



Market rises in morning trade

The share market is higher as investors are buoyed by signs Greece's debt problems are set to be temporarily resolved. The positive influence of statements from Greek officials that alternative ref..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The Dow and S&P 500 has bolted to fresh records after eurozone ministers agreed to extend Greece's bailout by four months. The Dow Jon..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Feb 23: JHX - JAMES HARDIE - up 40 cents, or 2.9 per cent, at $14.35 Building products maker James Hardie has narrowed its full year g..

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Shares fall amid a lack of positives

The Australian share market has closed lower in a choppy session bereft of positive drivers. In the midst of company reporting season, a heavy full year loss from oil and gas producer Santos dragge..

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Aust shares close lower

The Australian share market has closed lower, dragged down by the big banks in a choppy trading session. At the close on Friday, the benchmark S&P/ASX200 index was 22.7 points, or 0.38 per cent..

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Energy sector drags on share market

The share market is lower due to weakness in the energy sector caused by an increase in oil supplies in the US. Falls in the financial sector are also pulling the market down, with the All Ordinari..

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Greece debt crisis pulls market lower

The market has opened lower off mixed leads from Wall Street and Europe. CommSec market analyst Steven Daghlian said uncertainty continues over a eurozone debt deal, amid Germany's rejection of Gre..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: AMP - AMP - up 16 cents, or 2.5 per cent, at $6.66 AMP boosted its payments to shareholders on the back of a massive improveme..

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Aussie shares close lower

The Australian share market has closed lower, giving back its early gains as investors mull over a mixed bag of earnings reports. At the close on Thursday, the benchmark S&P/ASX200 index was 11..

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Stocks fall as earnings disappoint

The share market is lower as disappointing corporate earnings outweigh the positives of an extension of Greece's emergency funds. The market opened higher but fell into negative territory as financ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Feb 19: AAD - ARDENT LEISURE - down 44 cents, or 15.9 per cent, at $2.33 Ardent Leisure shares have tumbled more than 10 per cent af..

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US stocks flat as Fed minutes cautious

US stocks have recovered from early losses to finish little-changed as Federal Reserve meeting minutes suggested it would wait longer before raising interest rates.The Dow Jones Industrial Average fel..

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Aussie shares close higher

The Australian share market has closed higher, with the sharp rise in shares in takeover target Toll Holdings giving a bullish tone to the broader market. At the close on Wednesday, the benchmark S..

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Toll takeover offer buoys market

The share market is higher as the impact of a massive takeover offer for logistics group Toll and rising energy prices offsets weakness in the financial sector. It was a volatile morning of trade d..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Feb 18: AIO - ASCIANO - down 10 cents, or 1.6 per cent, at $6.31 Port and rail operator Asciano says it is getting tougher to meet ..

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US stocks up; S&P 500 hits new record

US stocks have shrugged off the latest stumble in Greek debt talks as the S&P 500 edged to a new closing high.The S&P 500 gained 3.35 points (0.16 per cent) to 2,100.34, posting the second straight re..

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Aussie shares close lower

The Australian share market has closed lower, pulled down by the banking sector, particularly the CBA and ANZ banks. At the close on Tuesday, the benchmark S&P/ASX200 index was 30.5 points, or ..

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Market pulled down by two major banks

The share market is lower as Commonwealth Bank lost value after paying a dividend and ANZ's trading update disappointing investors. Commonwealth Bank was down about 2.5 per cent after paying its ha..

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Question is when, not if, RBA will cut

The Reserve Bank is widely expected to take a razor to interest rates again in coming months, but economists are divided on the timing. The minutes of the RBA's February meeting, released on Tuesda..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street was closed for the Presidents Day public holiday. LONDON - European stocks closed slightly off as investors awaited the outcom..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Feb 17: ANZ - ANZ BANKING GROUP - up 13 cents, or 0.4 per cent, at $35.87 The head of ANZ's Australian operations has quit and will b..

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