Latest Finance News



Commodity prices boost share market

The share market has closed higher as prices for commodities such as gold and copper improved, though iron ore continued its fall. While the mining giants lost ground, most other companies in the r..

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Job vacancies up 1.1%

Job vacancies have hit their highest level in two-and-a-quarter years. Employers surveyed by the Australian Bureau of Statistics said there were 151,700 vacancies in February, up 1.1 per cent from ..

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US stocks fall on weak economic data

Wall Street stocks have fallen for a second day in a row after disappointing US data stoked concerns about economic growth. The Dow Jones Industrial Average dropped 77.94 points (0.44 per cent) to ..

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Market in the red on resources pain

The Australian share market has closed weaker, pulled back by resources stocks reeling from fresh falls in commodity prices. CommSec market analyst Tom Piotrowski said weakness in the local market ..

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Aussie shares close lower

The Australian share market has closed lower, with the materials and energy sectors again reeling from commodity price falls. At the close on Wednesday, the benchmark S&P/ASX200 index was 30.7 ..

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Shares extend losses

Australian stocks have extended their losses on heavy drops in commodity prices and overnight falls on Wall Street. Crude prices eased and iron ore fell to its lowest price since tracking began in ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, April 1: AAD - ARDENT LEISURE - up four cents, or 1.8 per cent, at $2.24 Theme park owner Ardent Leisure has no plans to hold an ex..

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US stocks drop

Wall Street stocks have tumbled, snapping a two-day winning streak to close the first quarter on a sour note as volatility in equity markets stays high. The Dow Jones Industrial Average sank 200.19..

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Shares rebound on China stimulus talk

The Australian share market has rebounded on expectations of monetary easing in China, finishing the session strongly and posting an almost nine per cent gain for the year's first three months. Chi..

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Aust shares close higher

The Australian share market has closed higher on growing expectations of an interest rate cut in China. At the close on Tuesday, the benchmark S&P/ASX200 index was 45.4 points, or 0.78 per cent..

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Shares rally on China stimulus talk

The share market has bounced back on expectations of monetary easing in China. China's central bank chief has said that China has room to act on both quantitative measures and interest rates. Th..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, March 31: ANZ - ANZ BANKING GROUP - down 44 cents, or 1.2 per cent, at $36.36 CBA - COMMONWEALTH BANK - down $1.24, or 1.3 per cent, ..

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Heavy falls on the share market

Weaker oil and iron ore prices and plans for a bank deposit tax are contributing to heavy falls on the share market. Energy stocks are the the biggest losers after crude oil prices sunk, reversing ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have risen, snapping a four-day losing streak as traders shrugged off weaker-than-expected US economic growth in the fourt..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, March 30: CBA - COMMONWEALTH BANK OF AUSTRALIA - up 50 cents, or 0.5 per cent, at $94.34 A second Commonwealth Bank IT executive has b..

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Market bounces back

The Australian share market has rebounded after suffering its biggest fall in three months on Thursday. All sectors were higher, except gold. Quay Equities managing director David Reynolds said ..

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US stocks end lower as Yemen crisis

Wall Street stocks have ended lower in volatile trade spurred by the Yemen crisis. The Dow Jones Industrial Average fell 40.31 points (0.23 per cent) to 17,678.23 on Thursday. The blue-chip inde..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, March 27: BBG - BILLABONG INTERNATIONAL - down 0.5 cents, or 0.8 per cent, at 60 cents Surfwear group Billabong International has vowe..

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Caution leads to heavy fall for shares

The share market has suffered its largest one day fall in more than three months as investors turned cautious. Banks and miners were the main drag on the market, though almost all sectors lost grou..

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Aust shares close lower

The Australian share market has closed lower, with banks and property the biggest losers as all sectors, except energy, fell. At the close on Thursday, the benchmark S&P/ASX200 index was 94.2 p..

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