Latest Finance News



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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Commodities markets summary

A summary of trading in key commodities markets overseas: ENERGY Oil prices dipped, weighed down by signs some Libyan crude exports will resume soon and weak trade data in China, the world's sec..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The tech-rich Nasdaq Composite Index led US stocks sharply lower as anxiety about pricey technology equities return with a vengeance and drag..

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Aust shares continue to rise

The share market has been driven higher by financial stocks after the release of better than expected jobs figures.The gains took the All Ordinaries index to its highest level since June 2008, a mark ..

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Aussie dollar at fresh four-month high

The Australian dollar has reached a fresh four-month high on greenback weakness following the release of US Federal Reserve meeting minutes. At 0700 AEST on Thursday, the local currency was trading..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in i..

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Aussie bond prices drift higher

Australian bond futures prices are slightly higher in quiet trade, ahead of the release of local jobs figures on Thursday. UBS interest rate strategist Matthew Johnson said there was a small rally ..

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