Latest Finance News



Commodities markets summary

A summary of trading in key commodities markets overseas: ENERGY Crude oil prices fell modestly under pressure from signs Libya is about to resume oil exports, while Russia-Ukraine tensions acte..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks finished higher after a wild swing lower led by tech stocks that saw the Nasdaq Composite index down nearly two per cent at one poi..

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Stocks to watch at close on Tuesday

Stocks to watch on the Australian stock exchange at the close on Tuesday: BRL - BATHURST RESOURCES - in a trading halt, last traded at seven cents Bathurst Resources says it needs an extra day t..

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Aussie shares follow US market higher

The Australian share market is higher after Wall Street lifted on signs the US economy is bouncing back. US stocks rose after Citigroup's first-quarter earnings surpassed analysts' forecasts and th..

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S&P downgrades Coca-Cola Amatil

Ratings agency Standard and Poor's has downgraded Coca-Cola Amatil's credit rating in the wake of a slide in the the beverage giant's earnings. S&P has lowered the company's credit rating from ..

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RBA held back by soft jobs market

Australia's central bank has no plans to change interest rates and appears unlikely to change its stance unless the jobs market improves. In the minutes of its April 1 board meeting, released on Tu..

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Commodities markets summary

A summary of trading in key commodities markets overseas: ENERGY Crude oil prices marched higher as traders keep a wary eye on escalating tensions between Russia and Ukraine and the prospect of ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks rose decisively after a solid earnings report from Citigroup and encouraging retail sales data, reversing course after deep losses ..

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Singapore economy slows sharply

Singapore's economic growth has slowed sharply in the first three months of the year, but the central bank has stood pat on monetary policy, saying it would be lifted by a pick-up in global growth. ..

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Overseas worries drive shares lower

The share market has suffered one of its biggest falls of the year so far as investors worry about the performance of US companies and instability in Ukraine. Every sector of the market finished in..

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NZ stocks fall with global tech rout

New Zealand shares have followed Wall Street lower as investors question whether tech and high-growth companies can deliver the earnings growth implied by their valuations.The NZX 50 Index fell 27.892..

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Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Monday: API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - in trading halt, last traded at 56.5 cents The shares of drugs wholesaler and pha..

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Citigroup cuts 200 to 300 jobs

US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reports.Some of the employees were fired, while others left voluntarily. Amo..

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Commodities markets overview

A summary of trading in key commodities markets overseas: ENERGY US crude oil prices closed higher, lifted by market hopes for stronger demand in the United States ahead of the nation's summer h..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The tech-rich Nasdaq Composite Index again led Wall Street sharply lower, closing out a dreary week at its lowest level in more than two mont..

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US sell-off drags down Aussie market

The Australian share market has closed sharply lower after a fall in technology stocks on United States markets caused a wider sell-off on Wall Street. Markets in Asia also fell as investors dumped..

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China’s inflation rate accelerates

China's inflation rate accelerated to 2.4 per cent year-on-year in March, the government says, driven by higher food prices. The increase in the consumer price index (CPI) announced by the National..

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Equity markets sell-off lowers dollar

The Australian dollar is back below 94 US cents following a fall in global equity markets. At 1200 AEST on Friday, the local currency was trading at 93.77 US cents, down from 94.38 cents on Thursda..

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Aussie dollar above 94 US cents

The Australian dollar remains above 94 US cents following stronger-than-expected jobs figures. At 0700 AEST on Friday, the local currency was trading at 94.14 US cents, down from 94.38 cents on Thu..

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