Latest Finance News



Big banks weigh on share market

The share market has been pulled lower by big falls among the major banks after ANZ announced a $3 billion capital raising. ANZ will raise the funds from investors in response to regulatory moves f..

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Australian shares are lower

The Australian share market is lower after ANZ's trading halt and big losses by the banks, but the materials sector is one of the few bright spots. At 1200 AEST, Commonwealth Bank, NAB and Westpac ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have finished mostly higher following mixed economic data, but a disappointing earnings report from Disney has weighed on the Dow. ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Aug 6: FMG - FORTESCUE METALS GROUP - up 11 cents, or 6.2 per cent, at $1.885 Two Chinese firms are reportedly eyeing Fortescue's as..

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Australian shares lower at noon

The Australian share market is lower at noon, despite gains by the big miners, with falls across all other sectors. At 1200 AEST, all big four banks were down, while biotech giant CSL remained abov..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Aug 5: AVJ - AVJENNINGS - up 2.5 cents, or 3.85 per cent, at 67.5 cents House and land packages group AVJennings has lifted its ful..

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US stocks finish lower

US stocks have finished lower following a mixed batch of earnings reports and another big decline by technology giant Apple. The Dow Jones Industrial Average dropped 47.51 points (0.27 per cent) to..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have finished lower following a mixed batch of earnings reports and another big decline by technology giant Apple. The Dow Jones..

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Market lifted by CSL and retailers

The share market closed higher as biotechnology giant CSL broke a milestone and retailers surged on good sales numbers. CSL's two per cent rise took its shares past the $100 benchmark for the secon..

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Australian shares higher at noon

The Australian share market is higher, boosted by the banks and biotechnology giant CSL's breakthrough past the $100-a-share mark. At 1210 AEST, shares in the big four banks were all in positive te..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, August 4 AFJ - AFFINITY EDUCATION - up 8.5 cents, or 11.5 per cent, at 82.5 cents GEM - G8 EDUCATION - up 10 cents, or 2.9 per cent, ..

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Lower commodity prices weigh on market

The Australian share market has closed lower amid weak prices for commodities, such as oil, and weak manufacturing data from China. CMC Markets chief market analyst Ric Spooner said the key factor ..

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Aust shares lower at noon

The share market is lower, weighed down by the resources and financials sectors. After opening flat, selling in the financials pulled the market back, with Commonwealth Bank and NAB both in the red..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Weakness in petroleum-linked equities have weighed on US stocks following poor earnings from ExxonMobil and Chevron and a drop in oil prices...

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, August 3: CSL - CSL - up $2.61, or 2.7 per cent, at $98.96 Biotechnology giant CSL has moved a step closer to acquiring Novartis' infl..

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US stocks fall on oil-sector weakness

Weakness in petroleum-linked equities have weighed on US stocks following poor earnings from ExxonMobil and Chevron and a drop in oil prices. The Dow Jones Industrial Average fell 55.52 points (0.3..

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