Latest Finance News



Telco M2 achieves strong profit growth

The company behind internet providers iPrimus and Dodo expects its profit to grow as it continues to add new customers. M2 Group made a profit of $67.1 million in the year to June 30, up 53 per cen..

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Aussie share market trading lower

The Australian stock market is lower, due the weakness in the mining sector and the big four banks. CommSec market analyst Steven Daghlian said the ASX was lower following a soft lead from Wall Str..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have finished mostly lower following a cautious appraisal of the US jobs market by Fed Chair Janet Yellen and a sharpening..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: CWN - CROWN RESORTS - up 20 cents, or 1.25 per cent, at $16.18 Casinos operator Crown has struck a deal with the Victorian gov..

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Aussie shares close higher

The Australian share market has closed higher, bringing its winning streak to seven straight sessions. At the close on Friday, the benchmark S&P/ASX200 index was 6.7 points, or 0.12 per cent, h..

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$A hovering above 93 US cents

The Australian dollar is hovering above 93 US cents ahead of Friday night's update from the US Federal Reserve. At 1200 AEST on Friday, the local currency was trading at 93.07 US cents, up from 92...

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Share market continues to rise

The share market has hit new six-year highs as it follows strong leads from Wall Street and Europe. The S&P 500 hit a record high in the US and London and Frankfurt also rose on fresh signs of ..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: AMP - AMP - up 23 cents, or 4.2 per cent, at $5.75 AMP chief executive Craig Meller says the wealth manager's turnaround remai..

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Share market scrapes into the green

After a stellar start, the Australian share market has been reined in by disappointing Chinese manufacturing figures. The market reached a new six-year high of 5,679.5 but sell-offs began when the ..

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AMP lifts financial advice standards

AMP is lifting standards for its army of financial planners after scandals over dodgy investment advice at the Commonwealth Bank and Macquarie Group. Like the Commonwealth, AMP is setting up an ind..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: BHP - BHP BILLITON - up $1.55, or 3.9 per cent, at $38.13 BHP Billiton shares fell sharply on Wednesday, after investors wer..

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Aussie shares close higher

The Australian share market has closed slightly higher, with falls by market heavyweight BHP Billiton offset by gains by the banks and big retailers. At the close on Wednesday, the benchmark S&..

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Stocks to watch at noon on Wednesday

Stocks to watch on the Australian stock exchange at noon on Wednesday: AGK - AGL ENERGY - in a trading halt, last traded at $14.68 AGL Energy has lifted its full year profit 52 per cent and anno..

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Webjet nearly triples full year profit

Online travel agent Webjet is planning more expansion as it pursues its goal of being a major force in business travel. The company has forked out more than $7 million on travel and accommodation p..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: BHP - BHP BILLITON - up 53 cents, or 1.35 per cent, at $39.68 The world's largest mining company BHP Billiton has lifted it..

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Aust share market closes higher

The Australian share market has closed higher as better than expected corporate earnings reports and expectations of a good result from global miner BHP Billiton boosted sentiment.OptionsXpress market..

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Strong earnings drive market higher

The share market is higher as investors welcome more strong corporate earnings reports. The gains take the market close to the six-year highs it reached at the end of July, and CMC Markets analyst ..

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‘Uncertainty’ keeps rates low: RBA

Low interest rates are likely to continue for a while yet as the Reserve Bank waits to see how Australia's current economic challenges play out. In the minutes of its August 5 board meeting, the RB..

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Stocks to watch on Tuesday

Stocks of interest on the Australian Securities Exchange on Tuesday NAB - NATIONAL AUSTRALIA BANK - down 47 cents, or 1.4 per cent, at $34.22 National Australia Bank is facing another STG245 mil..

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