Latest Finance News



US jobless claims fall to 382,000

The number of Americans seeking unemployment benefits fell only slightly last week to a seasonally adjusted 382,000. The level suggests hiring remains weak. The Labour Department said on Thursday t..

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US markets rebound after opening lower

US stocks have ended mixed after poor economic data in the US, Europe and China pushed markets to losses in early trade. Healthcare and utility stocks fared well while transportation was a signific..

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MLC urges halt to super changes

The head of Australian wealth management firm MLC says consumers will lose confidence in superannuation if governments continue to tinker with the scheme. MLC chief executive Steve Tucker says gove..

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Housing market lows hit Brickworks

Bricks and masonry supplier Brickworks has booked a 70 per cent fall in annual net profit as residential building starts dropped to near 30-year lows. But the company is hopeful of a patchy recover..

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ACCC gives nod to Ten to sell EyeCorp

The competition watchdog has given the go-ahead for broadcaster Ten Network Holdings to sell its EyeCorp outdoor advertising business. Ten announced in July that it had struck a deal with Outdoor M..

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Stocks to watch early on Wednesday

Stocks to watch on the Australian stock exchange on Thursday, September 20 BKW - BRICKWORKS LTD - last traded at $10.04 The construction materials company releases its full year results on Thurs..

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Wall Street closes marginally higher

A roundup of trading on major world markets: NEW YORK - US stocks scored small gains as investors weighed encouraging housing data and falling crude oil prices that stoked hopes for more growth in ..

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ConocoPhillips eyes new Darwin pipeline

Energy giant ConocoPhillips says it could run a new gas pipeline all the way to its processing facility at Darwin from the Browse Basin offshore from Western Australia. ConocoPhillips, the third la..

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Economic growth is under par: Westpac

Australian economic conditions are solid but below average and are likely to stay that way for the coming months. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of e..

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Mining boom has years to run: RBA

Australia's economy has adjusted well to the impact of the mining boom - which is likely to continue to for some time, the Reserve Bank of Australia says. In a paper presented on Wednesday to the S..

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Stocks to watch early on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, September 19 ALS - ALESCO CORPORATION LTD - up 0.5 cents at $1.905 DLX - DULUXGROUP LTD - down six cents at $3.27 Alesco chairma..

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Alesco open to talks with Dulux

Alesco chairman Mark Luby has signalled the door is still open for further talks with paint maker DuluxGroup over its long-running $210 million takeover bid. In response to a shareholder question a..

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