Latest Finance News



Aussie share market picks up

The Australian share market has picked up as investors rebound from the sell-off on Monday and a poor start on Tuesday. Lonsec senior client adviser Michael Heffernan said trading at noon on Tuesda..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Sept 23: ALQ - ALS Limited - down $1.20, or 17.22 per cent, at $5.77 Laboratory services business ALS Limited has warned that the slo..

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Bonds rise on positive US lead

The Australian bond market is higher as traders followed a positive lead from the US. Global bond markets were taking a breather after volatility caused by last week's highly-anticipated US Fed mee..

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Banks and miners weigh on share market

The share market is lower as the big four banks and resources companies suffer significant falls. Shares were being weighed down by lower commodity prices, ongoing concerns about conflict in Iraq a..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The Dow has notched its third straight record high in mixed Wall Street trade as shares of Chinese internet company Alibaba soared following ..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Sept 22: ARI - ARRIUM - down 2.5 cents, or 6.3 per cent, at 37.5 cents Shares in the iron ore and steel maker continue to fall after i..

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Banks drive gains on share market

The share market has closed slightly higher as banks regained favour and investors were relieved Scotland voted against independence. The big four banks were sold off by international investors ear..

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Banks lead Aussie market higher

The share market is in positive territory as local investors buy back into the big four banks following a sell-off by international investors earlier in the week. The market has been hit by a wave ..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: ORL - OROTONGROUP - up 45 cents, or 12.3 pct, at $4.10 Shares in luxury accessory and clothing retailer OrotonGroup have surged after ..

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Japan trade deficit narrows

Japan's trade deficit narrowed 2.4 per cent on-year to $US8.7 billion ($A9.4 billion) in August largely due to shrinking energy bills that had soared in the wake of the Fukushima crisis, official data..

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Coles cleared to buy three WA stores

The consumer watchdog has cleared the way for Coles to buy three Progressive IGA supermarkets in Western Australia. Coles' plans to buy the three supermarkets, in Perth suburb Dianella and Bunbury ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday: BHP - BHP BILLITON - up 10 cents, or 0.28 per cent, to $35.84 WHC - Whitehaven Coal - down 4.5 cents, or 2.47 per cent, to $1.775 ..

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Banks lift to hold up Aust share market

The Australian share market has closed marginally higher as a slightly positive performance from most of the major banks outweighed weakness in the resources sector. IG market strategist Stan Shamu..

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Banks pull Aussie stocks lower

The Australian share market has closed lower for the sixth consecutive session as gains among the major miners failed to offset falls by the big four banks. Concerns about a slowdown in China and f..

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Aussie shares down for sixth session

The Australian sharemarket has fallen for a sixth consecutive session, following one per cent falls in banking stocks. At the close on Wednesday, the benchmark S&P/ASX 200 index was down 38.1 p..

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Sydney housing undersupply to continue

The lack of available housing in Sydney will take up to five years to correct, according to one of Australia's largest property developers. Stockland chief executive Mark Steinhart said despite eff..

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Markets cheer China stimulus report

A reported $US81 billion ($A87.6 billion) injection into China's major banks is the first of a series of expected stimulus measures by Beijing to boost the world's second largest economy, analysts say..

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Banks drag Aussie share market lower

The Australian share market is trading lower as international investors retreat from the major banks. "International investors that have been investing in this country for the last three or four ye..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reser..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: FMG - FORTESCUE METALS - up four cents, or one per cent, at $4.00 AGO - ATLAS IRON - up 1.5 cents, or 2.6 per cent, at 59 cents ..

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Bonds firm ahead of Fed announcement

The bond market is slightly firmer ahead of the conclusion of what is expected to be a very important US Federal Reserve meeting. Speculation is mounting that the Fed could signal an interest rate ..

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