Latest Finance News



Aussie bond prices have firmed

Australian bond futures prices are firmer despite the release of better than expected Chinese growth figures. RBC Capital markets senior economist Su-Lin Ong said the gains were largely driven by f..

Full Article >

Aussie shares close higher

The Australian share market has closed higher, despite the big four banks weighing on the broader market. At the close on Wednesday, the benchmark S&P/ASX200 index was 7.6 points, or 0.14 per c..

Full Article >

Aussie stocks flat at noon

Australian shares are flat as weakness in banking stocks offsets gains elsewhere. CMC Markets chief market analyst Ric Spooner said the big four banks were on the back foot following the release of..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 16: OZL - OZ MINERALS - down one cent, or 0.23 per cent, to $4.30 Oz Minerals lifted its full year copper production target bu..

Full Article >

Aussie shares close flat

The Australian share market has closed flat, with losses among some of the major banks weighing on sentiment. At the close on Tuesday, the benchmark S&P/ASX200 index was 0.1 of a point lower at..

Full Article >

Uranex shares up on offtake deal

Australian miner Uranex has struck a deal with a Chinese battery major - as long as it can get its graphite mine in Tanzania operating. Uranex has signed a memorandum of understanding (MOU) for an ..

Full Article >

Whitehaven shares up on soaring sales

Whitehaven Coal has shrugged off worries about two years of weak coal prices by declaring its expansions are on track and that it plans to sell a stake in its Vickery project. The NSW miner's share..

Full Article >

RBA in no rush to move on rates

The Reserve Bank is in no rush to move on interest rates as it waits to see how the Australian economy copes with its present challenges.In the minutes of its July board meeting, when it left the cash..

Full Article >

Housing not overvalued: RBA paper

Is housing overvalued? It's not only the question on everyone's lips, but it's also the title of a research discussion paper published by the Reserve Bank of Australia on Monday. But don't expec..

Full Article >

Aussie share market closes higher

The Australian share market has closed modestly higher in the wake of positive leads from markets in the US, Europe and Asia. OptionsXpress market analyst Ben Le Brun said investors in Australia wo..

Full Article >

China Q2 growth mired at 7.4%

Chinese growth failed to accelerate in the second quarter despite government stimulus measures, an AFP survey predicts, with the world's second-largest economy forecast to record its worst annual perf..

Full Article >

Personal finance surged 9.1% in May

Personal finance loans were up 9.1 per cent in May, seasonally adjusted. Personal finance commitments, seasonally-adjusted, rose to $8.689 billion in May, from $7.963 billion in April, the Australi..

Full Article >

Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, July 14: DJS - DAVID JONES - steady at $3.93 Shareholders are due to meet in Sydney to vote on a $2.2 billion takeover offer from Sout..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks finished Friday with modest gains following a handful of mixed earnings reports ahead of a busier economic and earnings calendar th..

Full Article >

Aussie shares close higher

Australian stocks finished the day higher but the market was down for the week after three days of losses from Monday to Wednesday. The share market opened lower with a debt crisis involving Portug..

Full Article >

All eyes on Lew ahead of DJs vote

If all goes to plan, David Jones, Australia's oldest department store, will shift into foreign hands on Monday. The sale to South Africa's Woolworths Holdings is widely expected to win approval at ..

Full Article >

Stocks higher after soft start

Australian stocks are higher after a slow start to trading across most sectors. The market opened lower on Friday following weak overseas leads triggered by suspended trading by Portugal's biggest ..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, July 11: ALZ - AUSTRALAND - steady at $4.47 The planned foreign takeover of property group Australand is one step closer, after Austra..

Full Article >

US stocks end with modest losses

US stocks recovered from a sharp opening fall sparked by a Portugal bank scare and general investor caution to end with modest losses on Thursday. After the initial reaction, traders appeared to di..

Full Article >