Latest Finance News



Darrell Lea faces rocky road ahead

Darrell Lea has been put up for sale in the hope that Australia's famous chocolate maker and its 700 workers can be saved. Administrators took control of the 85-year-old, family-run company on Tues..

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IAG continues push into Asian market

Insurance Australia Group is working to make its $720 million investments in Asia profitable as it eyes a long-term presence in the rapidly growing region. Chief executive Mike Wilkins told investo..

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Stocks to watch early on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, July 10 ACL - ALCHEMIA LTD - up 4.5 cents at 54.5 cents Drug developer Alchemia intends to demerge its oncology (cancer) business to ..

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Soft US data pushes bond prices higher

Australian bond future prices remain high after rising to a 10-day peak after the release of disappointing jobs figures in the United States. At 1630 AEST on Monday, the September 10-year bond futu..

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Stocks to watch early on Monday

Stocks to watch on the Australian stock exchange on Monday July 9: BBG - BILLABONG INTERNATIONAL LTD - up 13 cents at $1.17 Shares in surfwear retailer Billabong International have rocketed by j..

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Woolies suppliers complain to ACCC

Supermarket giant Woolworths has been accused of using "brutal negotiations" to squeeze price cuts from suppliers to help fund a price war with rival Coles. Some suppliers have been given two weeks..

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Xstrata delays vote on Glencore merger

Xstrata has delayed its shareholder vote on a proposed merger with fellow commodities giant Glencore as investors continue to demand an improved offer for the mining group. The Xstrata AGM for shar..

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Stocks to watch early on Friday

Stocks to watch on the Australian stock exchange on Friday July 6: ACK - AUSTOCK GROUP LTD - in trading halt, last traded at 12.5 cents Austock Group has been placed in a trading halt pending an..

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