Latest Finance News



Australian market set to open lower

The Australian share market is set to fall after heavy losses on Wall Street, partly caused by the World Bank's downgrading of its global growth forecast.At 0700 AEST on Thursday, the March share pric..

Full Article >

Jobless rate steady for third month

Australia's jobless rate is steady, but only because people are dropping out of the race for a job.Unemployment remained unchanged at 5.8 per cent in May, beating economists' expectations of a rise to..

Full Article >

$A hits 4 week high after better data

The Australian dollar hit a four-week high against the US dollar, helped by positive business confidence data and a recent run of good Chinese economic figures. At 0700 AEST on Wednesday, the local..

Full Article >

Australian market set for flat open

The Australian share market is set for a flat start to trade after a quiet session on Wall Street, due to a lack of major economic or company news. At 0700 AEST on Wednesday, the March share price ..

Full Article >

Wall Street highs lift Aussie market

The share market is higher thanks to investors being inspired by fresh peaks reached on Wall Street. Strong jobs data pushed US markets higher on Friday, giving some impetus to Australian stocks wh..

Full Article >

Pac Brands earnings hit by low sales

Troubled clothing maker Pacific Brands has cut its annual earnings forecasts as warm weather and weak consumer confidence hits sales. The company behind Bonds, Sheridan, Berlei and Hard Yakka now e..

Full Article >

US stocks open a shade lower

US stocks have opened slightly lower, retreating from record highs following a weak earnings report from Radio Shack and Botox maker Allergan's rebuff of a takeover bid by Valeant Pharmaceuticals.Five..

Full Article >

Aussie share market closes higher

The Australian share market has closed higher in the wake of the European Central Bank's economic stimulus measures and ahead of jobs figures to be released in the United States overnight. Also, Ch..

Full Article >

Big four banks lift Aussie market

The Australian share market is higher as the big four banks make a comeback. Bank stocks have been down in the past three days and were due to start climbing again, Commsec market analyst Steven Da..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, June 6:ERA - ENERGY RESOURCES AUSTRALIA - down 2.5 cents, or 1.89 per cent, at $1.295The operator of a massive uranium mine in Kakadu Nation..

Full Article >

Aust share market lower ahead of ECB

The Australian share market has closed slightly lower as investors await the outcome of a European Central Bank (ECB) monthly policy meeting overnight. OptionsXpress market analyst Ben Le Brun said..

Full Article >

House sales strongest in five years

Home sales got off to a flying start in 2014, posting their strongest rise in five years.RP Data shows 82,051 houses and 30,417 units were sold in the first three months of the year.The number of home..

Full Article >

Aussie shares fall on poor sentiment

The Australian share market is lower, with consumer and bank stocks taking the biggest hits. Wednesday's strong gross domestic product number has failed to improve investors' confidence in the Aust..

Full Article >

US home price gains slow in April

US home prices rose in April compared with a year earlier, but the increase was the smallest annual gain in 14 months; price gains have slowed this year as sales have faltered. Data provider CoreLo..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, June 5: NBL - NONI B - up 17.5 cents, or 44.87 per cent, at 56.5 cents Struggling fashion retailer Noni B has been approached by sev..

Full Article >

Copper plunges on China trading probe

Copper prices recorded their steepest drop in seven weeks on concerns that a Chinese probe into the use of metal for obtaining loans would hurt demand. Chinese authorities are investigating whether..

Full Article >

Aussie share market closes lower

The Australian share market has closed lower as investors shrugged off better-than-expected headline economic growth figures and decided to take profits ahead of a key European Central Bank meeting on..

Full Article >