Latest Finance News



Business failures rise 12%

The number of business failures in Australia has risen sharply despite global insolvencies falling to their lowest level in nearly four years. Credit agency Dun & Bradstreet says business failu..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange early on Tuesday:COH - COCHLEAR LTD - down $14.68, or 20 per cent, at $57.50Bionic ear maker Cochlear has been forced to begin a global recall of the w..

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US stocks close stronger

US stocks closed higher on Monday, shrugging off troubles in the eurozone and worries about a possible Greek default to stage a healthy rebound. The Dow Jones Industrial Average rose 68.99 points (..

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Hanlong execs stand down amid ASIC probe

Hanlong Mining will stand down its executives who are being investigated by the corporate watchdog for suspected insider trading in the Chinese company's takeover targets.The Australian Securities and..

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Australian stocks plunge

The Australian share market closed loweron Monday, plunging by more than 3.5 per cent on the worst trading day in a month.The local bourse opened almost three per cent lower on weak US and European le..

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EU eyes new Greek bailout

The European Commission has announced it will send "in the next few days" a team of experts to Athens tasked with concluding work on a new rescue package for debt-ridden Greece by the end of the month..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday Sept 12:MTS - METCASH LTD - down three cents at $4.19The competition watchdog says it will closely monitor any attempt by Coles or Woolworths..

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Bionic ear-maker launches global recall

Bionic ear-maker Cochlear is undertaking a global recall of the world's thinnest hearing implants after some of the devices stopped working.The Sydney-based company, which dominates the world's bionic..

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Aussie stocks close up

The Australian share market closed slightly higher, led by consumer staples and telecom stocks, but shed some of its earlier gains as traders took a wait-and-see approach to the US debt crisis.The ben..

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Productivity in focus

A common theme emerging from the national accounts on Wednesday was a chorus of calls to improve Australia's labour productivity performance.That followed reports last week that Reserve Bank of Austra..

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