Latest Finance News



Aussie shares boosted by Chinese data

The share market posted solid gains as investors were buoyed by China's best manufacturing activity data in six months. The June reading of HSBC's manufacturing activity index rose to its highest r..

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Home prices begin seasonal bounce

Housing prices appear to have started their normal late-June rebound following the seasonal dip beginning in May. Housing prices rose by 0.6 per cent last week, according to the RP Data measure bas..

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China manufacturing grows in June

China's manufacturing activity expanded in June for the first time this year as the effects of Beijing's mini-stimulus on the world's second-largest economy gradually kick in. HSBC said in a statem..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, June 23: IAG - INSURANCE AUSTRALIA GROUP - down seven cents, or 1.2 per cent, at $5.81 WES - WESFARMERS - down 54 cents, or 1.3 per ce..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The Dow and S&P 500 edged to fresh records with the chances rising for GE's acquisition of parts of France's Alstom and fighting in Iraq ..

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Aust shares end week with heavy falls

Australian shares gave up most of the previous day's gains to end the week on a negative tone. The market ignored solid offshore leads, provided by the US Federal Reserve suggesting it would keep i..

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Banks and miners weigh down the ASX

Higher gold prices have lifted some mining stocks but the major miners and big banks are weighing on the share market. The Australian share market had come off Thursday's solid gains after the US c..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, June 20: AIO - ASCIANO - up 32 cents, or 6.1 per cent, at $5.55 Rail operator Asciano will axe about 500 jobs in order to cut costs. ..

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Aussie shares rally on US Fed settings

Australian shares have rallied after the US central bank decided to retain ultra-low interest rates. US markets reacted positively to the Federal Reserve's monetary policy announcement, with the S&..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, June 19: AQA - AQUILA RESOURCES - up 22 cents, or seven per cent, at $3.35 MIN - MINERAL RESOURCES - down 20 cents, or 2.1 per cent,..

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Stocks to watch at close on Wednesday

Stocks to watch on the Australian stock exchange at close on Wednesday: AQA - AQUILA RESOURCES - up 22 cents, or seven per cent, at $3.35 MIN - MINERAL RESOURCES - down 20 cents, or 2.1 per cent..

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Baosteel in box seat for WA iron ore

China's Baosteel is in the box seat to secure a massive iron ore holding in Western Australia after Mineral Resources failed to take control of explorer Aquila Resources.Aquila on Wednesday said it ha..

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Lew looms as a hurdle in DJs takeover

Retail billionaire Solomon Lew is playing a high stakes game of poker against David Jones' South African suitor, and his next move has everyone guessing.The veteran retailer has bolstered his stake in..

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US stocks higher ahead of Fed meeting

Wall Street stocks finished higher as investors weighed continued violence in Iraq with mixed US economic data and looked ahead to a Federal Reserve policy statement on Wednesday. The Dow Jones Ind..

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