Latest Finance News



Aussie sharemarket shows modest gains

The Australian sharemarket ended a three-day run of losses with modest gains, despite a rise in the unemployment rate. Unemployment rose to six per cent in June - although the participation rate is..

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Aussie shares close higher

The Australian share market has closed higher after data showed China's monthly trade surplus jumped more than 16 per cent in June to $31.6 billion. At the close on Thursday, the benchmark S&P/..

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China’s trade figures show growth

China's monthly trade surplus has jumped 16.4 per cent in June to $US31.6 billion, official data shows, as exports and imports rose in the latest sign of recovering strength in the world's second-larg..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, July 10: AQA - AQUILA - steady, at $3.39 AZJ - AURIZON - down seven cents, or 1.39 per cent, at $4.98 Baosteel and Aurizon now co..

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ASX posts heavy falls

Australian stocks fell heavily on a day where the negative mood among US investors overnight carried into local trading. All sectors fell other than gold with some of the biggest drops in defensive..

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Aussie shares close lower

The Australian share market has closed more than one per cent lower, with falls across all sectors. At the close on Wednesday, the benchmark S&P/ASX200 index was 58.4 points, or 1.06 per cent, ..

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Bidders move to 100% of Aquila

Baosteel and Aurizon now control more than 90 per cent of Aquila Resources and will move to compulsorily acquire the rest of its shares. The bidders gained control last week when Aquila chairman an..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 9: AOH - ALTONA - up 4.5 cents, or 26.47 per cent, at 21.5 cents Shares in copper miner Altona have soared by about 30 per cen..

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Aussie shares close lower

The Australian share market has closed lower, with the big banks and global miner BHP Billiton weighing on the broader market. At the close on Tuesday, the benchmark S&P/ASX200 index was eight ..

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Business confidence lifts in June

Australian firms have shrugged off the sharp slide in consumer sentiment since the federal budget, with business confidence increasing in the past month. The closely-watched National Australia Bank..

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Altona shareholders in $80m windfall

Shares in copper miner Altona have soared by about 30 per cent on news of an $80 million windfall for shareholders. The news came as Altona announced it is selling its Finish operations and explora..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, July 8: ALL - ARISTOCRAT LEISURE - in a trading halt, last traded at $5.39 Poker machine maker Aristocrat Leisure has snared a US gam..

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Aust shares close lower

The Australian share market has closed lower, with Asian markets also subdued ahead of the US company reporting season. At the close on Monday, the benchmark S&P/ASX200 index was 6.1 points, or..

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Stocks to watch at close on Monday

Stocks to watch on the Australian stock exchange at close on Monday: ALL - ARISTOCRAT LEISURE - in a trading halt, last traded at $5.39 Poker machine maker Aristocrat Leisure has snared a US gam..

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Unemployment tipped to rise in June

Australia's unemployment rate is tipped to rise as consumer caution weighs on business confidence and hiring intentions. The jobless rate is expected to increase from 5.8 per cent to 5.9 per cent w..

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