Latest Finance News



Aussie shares close higher

The Australian share market has closed higher ahead of the Reserve Bank's Tuesday interest rate decision. At the close on Monday, the benchmark S&P/ASX200 index was 13.1 points, or 0.23 per cen..

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Big banks weigh down share market

The big banks are weighing down the share market after Westpac released results which disappointed investors. The broader market is flat, with big miners the strong performers. The big four bank..

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Rate cut tipped despite upbeat job ads

A surge in job advertisements in April is unlikely to be enough to keep the Reserve Bank of Australia from trimming the official cash rate on Tuesday, economists say. Job ad numbers rebounded 2.3 p..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: BHP - BHP BILLITON - up 53 cents, or 1.66 per cent, at $32.50 BHP Billiton has obtained oil exploration licences from the gove..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have risen sharply, ending a two-day slide with a rally led by Apple and other tech stocks and extending to most industrial sectors..

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Aust shares finish week strongly

The Australian share market clawed back its early losses to finish with gains on the back of positive news around iron ore and the banks' profit results due next week. The market was down two per c..

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Big miners push share market higher

The share market is back in positive territory as iron ore production news boosts the big miners and revived expectations of an interest rate cut help the banks. The miners are the strongest perfor..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: IIN - IIN - down 21 cents, or 2.09 per cent, at $9.84 MTU - M2 - up 6.00 cents, or 0.54 per cent, at $11.13 TPM - TPG TELEC..

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Share market slumps to seven-week low

Reduced expectations of an interest rate cut and a drop in iron ore prices have pushed the share market to a seven-week low. The benchmark S&P/ASX200 index fell during the afternoon to a level ..

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US stocks fall on poor Q1 growth

Wall Street stocks have finished lower on news the US economy grew just 0.2 per cent in the first quarter. The Dow Jones Industrial Average fell 74.61 points (0.41 per cent) to 18,035.53 on Wednesd..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, April 30: AZJ - AURIZON - down one cent, or 0.2 per cent, at $4.87 Australia's largest rail freight operator Aurizon has stood down ..

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Aust shares close nearly 2% lower

The share market has fallen nearly two per cent, with a rapidly rising Australian dollar and profit taking by Japan-based foreign investors believed to be responsible.It was the Australian dollar's ri..

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Aust shares in retreat

The share market has again retreated from its push towards 6,000 points following weak leads from international markets and a rise in the Australian dollar. The local market is more than one per ce..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, April 29: AZJ - AURIZON - down 12.0 cents, or 2.4 per cent, at $4.88 Australia's largest rail freight operator Aurizon has struck a..

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Share market retreats at sign of 6,000

The share market is weaker, with traders continuing a trend of recent weeks of retreating when it gets close to the 6,000 point mark. The market has not hit the elusive 6000 point level for more th..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, April 28: AGO - ATLAS IRON - in trading halt, last traded at 12 cents MCS - MCALEESE - in trading halt, last traded at 16 cents Ha..

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US stocks snap record-setting rally

US stocks have snapped a three-day rally to record highs as investors awaited Apple earnings results and a Federal Reserve policy meeting. The Dow Jones Industrial Average dropped 42.17 points (0.2..

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Big miners push ASX to two-week high

A recovery in iron ore prices has propelled the big miners, pushing the Australian share market to a two-week high. Mining giant BHP Billiton share prices rose to levels last seen in early March, w..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The Nasdaq extended its closing record with strong boosts from Amazon, Microsoft and Google. The Nasdaq Composite Index added 36.02 points..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, April 27: APO - APN OUTDOOR - steady at $3.24 Billboard owner APN Outdoor has reaffirmed its prospectus forecasts of eight per cent gr..

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Nasdaq adds to record

The Nasdaq solidly s extended its closing record with strong boosts from Amazon, Microsoft and Google. That proved enough to edge the S&P 500 up to a new high as well, with overall trade furthe..

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Aussie shares higher on iron ore rally

The Australian sharemarket ended the week strongly, with gains on the back of a rally in iron ore prices from decade lows. A 1.5 per cent gain on the ASX200 on Friday meant it ended the week 0.9 pe..

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