Latest Finance News



Aussie shares close higher

The Australian share market has closed more than one per cent higher, with investors buoyed by indications the US Federal Reserve was sticking to its low interest rate policy. At the close on Thurs..

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Shares follow world markets higher

The share market is higher as all sectors rise in the wake of rallies by markets in the US and Europe. The market is more than one per cent higher, reversing most of Wednesday's losses. Local sh..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Oct 9: BCI - BC IRON - up 0.5 cents, or 0.34 per cent, at $1.485 IOH - IRON ORE HOLDINGS - down 1.5 cents, or 1.96 per cent, at 75 c..

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US stocks jump after Fed minutes

Wall Street stocks finished with large gains on Wednesday after traders viewed new Federal Reserve meeting minutes as a sign the US central bank will remain dovish on monetary policy. The Dow Jones..

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Aussie market still trading lower

The Australian share market has improved a little from its poor start but is still trading lower, after a sharp fall on markets in the United States and Europe overnight. The market slide was gener..

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US job openings rose in August

US employers advertised the most job openings in nearly 14 years during August, yet their pace of hiring fell compared to July. The Labour Department said on Tuesday that available jobs rose 230,00..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Oct 8: NCM - NEWCREST MINING - up four cents, or 0.4 per cent, at $10.00 Gold miner Newcrest is sticking with its full year product..

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US stocks sink as IMF trims forecast

US stocks have finished sharply lower after the International Monetary Fund trimmed its global growth forecast while Germany posted a second straight day of disappointing economic data. The Dow Jon..

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Shares recover to close slightly lower

The share market ended an eventful day slightly lower, with gains by the big miners offset by falls from the banks, retailers and health care companies. Shares opened flat and then dropped heavily ..

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Aussie shares close lower

The Australian share market has closed lower, with gains by the big miners unable to push the broader market into positive territory. At the close on Tuesday, the benchmark S&P/ASX200 index was..

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RBA singing the same old song

The story of the RBA's latest interest rates decision is that things may have changed, but not enough to bring an interest rate change onto the central bank's agenda. As expected, the RBA left the ..

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Consumer confidence suffers a setback

Consumer confidence has suffered its first setback in three weeks, sparked by concerns about household finances. The ANZ/Roy Morgan weekly consumer confidence index fell one per cent to 112.5 point..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have finished modestly lower as investor caution returns to the market ahead of Wednesday's unofficial kickoff of third-quarter com..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Oct 7: BHP - BHP BILLITON - down 75.0 cents, or 2.24 per cent, at $32.70 BHP Billiton says it will cut costs at its iron ore mines by..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: CBA - COMMONWEALTH BANK OF AUSTRALIA - down 39 cents, or 0.5 per cent, at $75.81 Australia's largest lender says it is "reason..

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Lower $A likely to shrink trade deficit

Australia's trade deficit is on the improve, and should continue to shrink as the Australian dollar falls. The trade deficit narrowed to $787 million in August, from a deficit of $1.075 billion in ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Oct 2: ANZ - ANZ BANK - up 51 cents, or 1.65 per cent, at $31.43 The ANZ bank has been awarded preliminary approval for a banking li..

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Aussie shares close lower

The Australian share market has closed lower, reversing across all sectors despite strong national building figures. At the close on Thursday, the benchmark S&P/ASX200 index was 36.4 points, or..

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Aussie shares bounce back

The Australian stock market bounced back after a weak opening as bullish investors decided that it had fallen far enough in recent weeks. The ASX200 lost 6.4 per cent in value in September but has ..

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