Latest Finance News



International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have recovered some ground lost last week when the S&P 500 notched its biggest weekly decline since mid-2012 and all three majo..

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Global concerns weigh on shares

The share market closed weaker but performed better than expected after heavy opening losses. The market closed 0.28 per cent weaker after opening with losses of nearly half a per cent. A rocky ..

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Aussie shares continue to slide

The Australia share market continues to slide on negative leads from Wall Street and weaker commodity prices. Declines in the base metals and oil prices overnight, combined with further falls in US..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Aug 4: KMD - KATHMANDU - up 10 cents, or 3.31 per cent, at $3.12 A colder than expected July has saved adventure clothing retailer Kat..

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Aussie shares fall sharply

The Australian share market has retreated on the eve of Australia's company earnings season. The market is down by around 1.36 per cent, breaking a three-day winning streak after US stocks plummete..

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PPI augurs well for CPI

Inflation figures on Friday added some weight to expectations that inflation will ease back over the coming year. They weren't the high-profile consumer price index (CPI) figures - they were releas..

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Aussie shares open sharply lower

The Australian share market has opened sharply lower. At 1011 AEST on Friday, the benchmark S&P/ASX200 index was down 66.4 points, or 1.18 per cent, at 5,566.5, while the broader All Ordinaries..

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NAB boss announces shake-up

New NAB boss Andrew Thorburn has shaken up the bank's executive team in his first day on the job. NAB's chief risk officer, Bruce Munro, will retire after 40 years with the company while business b..

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Banks lead gains on Aust market

The Australian share market is slightly higher after a flurry of mixed quarterly production data and weaker-than-expected building approval data. Early trade was quiet as investors digested the eff..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, July 31: AQG - ALACER GOLD - down five cents, or 1.94 per cent, at $2.53 Shares in Alacer Gold are lower despite the company announc..

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Aussie shares close higher

The Australian share market has closed higher, finishing above 5,600 for the first time since the global financial crisis. At the close on Wednesday, the benchmark S&P/ASX200 index was 34.5 poi..

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House prices to rise 10% in 2014: HSBC

House prices are expected to soar 10 per cent this year, but the Reserve Bank may need to start hiking rates in 2015 to prevent a dangerous bubble emerging. HSBC Australia chief economist Paul Blox..

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US home price gains slow in May

US home prices rose in May at their slowest annual pace since February 2013, underscoring weakness in the housing market, the S&P Case-Shiller index shows. The 20-city home price index rose at ..

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Resources push market higher

The Australian share market is up, with mining stocks among the top performers. Most sectors are up, with three of the best performing sectors being energy, health and consumer staples, IG markets ..

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Genworth flags up to $250m FY profit

Mortgage insurer Genworth has impressed investors with a 40 per cent rise in first half profit and forecasts of further growth. Shares in the company, which provides insurance for a range of banks ..

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