Latest Finance News



Aust market’s losing streak continues

The Australian share market has closed in negative territory for its eighth consecutive session, as energy stocks tumbled amid fears of further oil price falls. After enjoying a much-needed rebound..

Full Article >

Dick Smith expected to be pulled apart

Dick Smith chief executive Nick Abboud has quit as potential buyers begin to circle around the insolvent electronics retailer. A week after the retail chain went into receivership with debts of abo..

Full Article >

Market rebounds, climbs 1pct higher

The local share market is up one per cent and climbing as investors, buoyed by a positive Wall Street session, seek value. The bounce marks the first day of positive trading in 2016 following six s..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO Iron ore prices continue to fall, dropping to $US40.90, close t..

Full Article >

Aust market down for seventh session

The Australian share market clawed back some early losses but has still closed more than one per cent lower, chalking up its seventh straight session in the red. CMC Markets chief market analyst Ri..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have closed lower, ending a volatile week with their worst five-day start to a year ever, as sliding oil prices and lingering worri..

Full Article >

Resources lead flat Aust market

The Australian share market has closed almost flat as a small rally in mining and energy stocks outweighed a weak lead from US markets. CMC Markets chief market analyst Ric Spooner said the Austral..

Full Article >

Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: A2M - A2 MILK - up 35 cents, or 33.82 per cent, at $1.385 Shares in the A2 Milk Company have surged after it lifted its profit..

Full Article >

US stocks slide on lower crude prices

US stocks have closed lower for the second straight day as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. ..

Full Article >

Fed delivers Xmas cheer for investors

Australian shares rallied for a second straight day as investors welcomed the first rise in US interest rates in almost a decade. The ASX jumped 1.5 per cent on top of two per cent increase on Wedn..

Full Article >

US Fed raises, citing ongoing recovery

The Federal Reserve has raised interest rates for the first time in nearly a decade, signalling faith that the US economy had largely overcome the wounds of the 2007-2009 financial crisis. The US c..

Full Article >

Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: CWN - CROWN RESORTS - up $1.12, or 10.52 per cent, at $11.77 Shares in casinos operator Crown Resorts have surged on Wednesd..

Full Article >

Aust market up more than 2%

The Australian share market has risen by more than two per cent, breaking a six-day losing streak as investors snapped up bargains. CMC Markets chief market strategist Michael McCarthy said investo..

Full Article >

Market bounds higher off banks, miners

The Australian share market is higher and making gains as the energy, resources and financial stocks lead a strong recovery. Bounces in the energy and resource sectors led the drive into positive t..

Full Article >

RBA boss happy housing is cooling

The Reserve Bank governor is relieved that the housing market is showing signs of cooling, especially in Sydney. In an interview with the Australian Financial Review, Glenn Stevens said it was enco..

Full Article >

Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: DLX - DULUX GROUP - up two cents, or 0.32 per cent, at $6.31 Dulux Group holds its annual general meeting on Wednesday. ..

Full Article >

Aust shares slip to lowest levels

The benchmark S&P/ASX200 index has slipped to its lowest level for the year. The S&P/ASX200 benchmark and the All Ordinaries indices have finished below the key psychological 5,000 mark wit..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BHP - BHP BILLITON STO - SANTOS Energy sector stocks may find some relief with WTI oil prices rising nearly two per cent.

Full Article >

Banks weigh on market

The Australian share market is one per cent lower, largely due to weakness in the big four banks and financial stocks. All the major lenders have experienced heavy falls, with the Commonwealth Bank..

Full Article >

Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: BHP - BHP BILLITON RIO - RIO TINTO FMG - FORTESCUE METALS GROUP Miners may find some relief as the iron ore price lift..

Full Article >

Market recovers to flat, oil improves

The Australian market has bounced back up to flat as energy stocks strike up a recovery. Gains in oil and iron ore players drove the bourse back up despite an early slump from falls in commodity pr..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: BHP - BHP BILLITON RIO - RIO TINTO FMG - FORTESCUE METALS GROUP Miners are again at risk of suffering a hit to their share va..

Full Article >