Latest Finance News



US stocks reach new records

US stock markets have soared to fresh records, but internet broadband carriers were hit hard by President Barack Obama's call for tough net neutrality rules.For the third straight session, the Dow Jon..

Full Article >

Aussie bonds firmer after US jobs data

The bond market is stronger after a rally on the release late last week of weaker than expected US employment data. The unemployment rate dropped to a six year low of 5.8 per cent as the number of ..

Full Article >

Shares start week with a fall

The share market has started the week on a negative note due to falls by the big banks. The market's weakness came despite positive overseas influences, including a gain on Wall Street, higher oil ..

Full Article >

China’s inflation unchanged at 1.6%

Chinese inflation was unchanged at a near five-year low of 1.6 per cent in October with analysts warning the world's number two economy is facing deflationary risks. Monday's consumer price index f..

Full Article >

Investors dominate home loan market

Investors increased their domination of the housing loan market in September. For the first time, investors grabbed more than half the new loans approved in a month. Loans approved for investors..

Full Article >

Buyers lining up for Ten

Network Ten has been the unloved step-sister of Australian TV in recent years but a string of would-be fairy godmothers are lining up to give the struggling broadcaster a Cinderella-like makeover.The ..

Full Article >

Banks pull back Aussie share market

The Australian share market is lower as investors sell out of the major banks. CMC markets chief market strategist Michael McCarthy said Westpac, which was trading ex-dividend on Monday, was the bi..

Full Article >

Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Nov 10: SCG - SCENTRE GROUP - down 5.00 cents, or 1.39 per cent, at $3.56 Westfield shopping centres owner Scentre Group sold Singapor..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - The Dow and S&P 500 have edged to fresh records after the US economy added 214,000 jobs in October and the unemployment rate fell. The..

Full Article >

Aussie shares close higher

The Australian share market has closed higher, finishing the session and the week in positive territory despite two of the big four banks going exdividend. At the close on Friday, the benchmark S&a..

Full Article >

RBA confirms dreary jobs outlook

Jobseekers looking for encouraging news in the Reserve Bank of Australia's latest assessment of the economy will be disappointed. The same goes for wage-earners. "Labour market conditions remain..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Nov 7: APN - APN NEWS AND MEDIA - up 1.5 cents, or two per cent, at 75.5 cents APN News & Media will take a $NZ54 million ($A50.27..

Full Article >

Dow, S&P 500 close at record highs

The Dow and S&P 500 has closed at new record highs for the second day in a row as US investors look ahead to Friday's jobs report. The Dow Jones Industrial Average rose 69.94 points (0.40 per c..

Full Article >

Market closes lower

The Australian share market has closed lower after weaker than expected unemployment figures wiped out earlier gains. Official data shows the unemployment rate held steady at 6.2 per cent in Octobe..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Nov 6: BHP - BHP BILLITON - down 19 cents, or 0.56 per cent, at $33.82 BHP Billiton has signed a deal to export oil products out of ..

Full Article >

Economists skeptical on jobs data

Australia's jobless rate hit a near 12-year high in October, but economists remain skeptical of the figures. The Australian Bureau of Statistics is still ironing out the issues with its labour forc..

Full Article >

Aussie shares close lower

The Australian share market has closed slightly lower despite a strong quarterly profit result by market heavyweight the Commonwealth Bank. At the close on Wednesday, the benchmark S&P/ASX200 i..

Full Article >

Ten silent on takeover talk

Fresh takeover speculation is swirling around the troubled Ten Network, with pay TV operator Foxtel and US cable giant Discovery believed to be considering a joint bid.Discovery and Foxtel, which is h..

Full Article >

Aussie shares have fallen

Australian shares have fallen with the largest companies on the bourse, including banks and miners, weighing on the market. Commodity price slumps overnight, including four-year lows for oil prices..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Nov 5: HVN - HARVEY NORMAN - up two cents, or 0.5 per cent, at $3.74 JBH - JB HI-FI - up 12 cents, or 0.8 per cent, at $15.41 MY..

Full Article >

CBA lifts quarterly profit to $2.3b

Commonwealth Bank has delivered a surprisingly strong $2.3 billion quarterly profit, putting paid to suggestions its best days are over.The result sets Australia's biggest lender up for a record $9.2 ..

Full Article >