Latest Finance News



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..

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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..

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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..

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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..

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GDP surge relied on exports

Economic growth in the March quarter was precariously dependent on a surge in exports which is unlikely to be sustained at its current pace. Gross domestic product posted a strong rise of 1.1 per c..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, June 4: SAI - SAI GLOBAL - down nine cents, or 1.73 per cent, at $5.11 IT company SAI Global is reviewing its options after a $1.1 ..

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Economic growth party set to wind down

Australia's economy got off to a cracking start in 2014, but budget cuts and a drop in consumer confidence look set to dampen the party.Economic growth was 1.1 per cent in the first three months of th..

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Aussie share market closes lower

The Australian share market has closed lower as weaker than expected retail figures and uninspiring commentary from the Reserve Bank of Australia (RBA) weighed on investor sentiment. Lonsec senior ..

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Warm weather to chill department stores

The recent run of warm autumn weather is about to send a chill through the nation's department stores.New figures show department store cash registers were ringing more often in April, with sales up 2..

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Copper prices rise on China data

Copper prices rose as better than expected economic data from China suggested the world's largest importer of the industrial metal may be seeing its economy stabilise after a rocky start to the year. ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, June 3: ASL - AUSDRILL - down 11 cents, or 11.28 per cent, at 86.5 cents Mining contractor Ausdrill has again downgraded its full yea..

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Aust growth driven by exports in 2014

The Australian economy is set to get a serious boost from mining exports this year but there are signs that other parts of the economy are picking up too. The strong influence of exports in Austral..

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WRT to get opportunity to reconsider

Westfield Retail Trust (WRT) investors will have the chance to change their mind on a proposed controversial merger with the Australasian business of Westfield Group. The planned merger hit a brick..

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Inflation up 0.3 per cent in May

Rising inflation and a pick-up in non-mining activity shows a rate hike could be on the cards in early 2015. The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.3 per cent in Ma..

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Housing sector starts to weaken

The housing construction sector has hit a soft patch but a bounce back could be on the cards for later this year.Building approvals fell for the third consecutive month in April, weighed down by anoth..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, June 2: DJS - DAVID JONES - up six cents, or 1.51 per cent, to $4.04 Billionaire Premier Investments chairman Solomon Lew has taken a ..

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