Latest Finance News



Aussie market down after MH17 tragedy

Australian shares are lower at noon following the Malaysia Airlines flight MH17 crash in Ukraine. Wall Street retreated sharply off the back of the news overnight. The Dow Jones closed 161.39 po..

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Google profit up, CBO leaves

Google says its quarterly profit rose with a jump in revenue and that its chief business officer is leaving the company. High-profile executive Nikesh Aurora took a moment on Thursday's earnings ca..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, July 18: AAC - AUSTRALIAN AGRICULTURAL COMPANY - up one cent, or 0.79, at $1.27 Australia's free trade agreements with Japan and South..

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Share markets: Australia vs the US

A TALE OF TWO SHARE MARKETS: AUSTRALIA AND THE US The US Dow Jones and the Australian All Ordinaries fell by almost exactly the same margin from peaks in late 2007 to troughs in March 2009 in respo..

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Aussie bond futures relatively flat

Australian bond futures prices are relatively flat after little new information was revealed by US Federal Reserve chair Janet Yellen on her second day of Congressional testimony. National Australi..

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Aussie shares close higher

The Australian share market has closed higher, led by strong gains among the big miners. At the close on Thursday, the benchmark S&P/ASX200 index was 3.5 points, or 0.06 per cent, higher at 5,5..

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Materials sector lift Aussie shares

Australian shares have lifted on the back of strong performances across the materials sector. BHP Billiton and Rio Tinto both rose by more than 1.5 per cent, giving a solid push to the overall shar..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, July 17: CTX - CALTEX - down nine cents, or 0.4 per cent, at $22.53 Caltex Australia has signed a $200 million deal to supply diesel..

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Dow closes at new record

The Dow Jones Industrial Average has bolted to a new record as strong Intel earnings and a new IBM venture boosted the blue-chip index. The Dow jumped 77.52 points (0.45 per cent) to 17,138.20 on W..

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Big miners push Aussie shares higher

The big miners pushed the Australian share market higher after some record iron ore production reports, but the big banks all made losses. Offshore events over the last day were also key drivers. ..

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Aussie bond prices have firmed

Australian bond futures prices are firmer despite the release of better than expected Chinese growth figures. RBC Capital markets senior economist Su-Lin Ong said the gains were largely driven by f..

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Aussie shares close higher

The Australian share market has closed higher, despite the big four banks weighing on the broader market. At the close on Wednesday, the benchmark S&P/ASX200 index was 7.6 points, or 0.14 per c..

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Aussie stocks flat at noon

Australian shares are flat as weakness in banking stocks offsets gains elsewhere. CMC Markets chief market analyst Ric Spooner said the big four banks were on the back foot following the release of..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 16: OZL - OZ MINERALS - down one cent, or 0.23 per cent, to $4.30 Oz Minerals lifted its full year copper production target bu..

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Aussie shares close flat

The Australian share market has closed flat, with losses among some of the major banks weighing on sentiment. At the close on Tuesday, the benchmark S&P/ASX200 index was 0.1 of a point lower at..

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Uranex shares up on offtake deal

Australian miner Uranex has struck a deal with a Chinese battery major - as long as it can get its graphite mine in Tanzania operating. Uranex has signed a memorandum of understanding (MOU) for an ..

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Whitehaven shares up on soaring sales

Whitehaven Coal has shrugged off worries about two years of weak coal prices by declaring its expansions are on track and that it plans to sell a stake in its Vickery project. The NSW miner's share..

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RBA in no rush to move on rates

The Reserve Bank is in no rush to move on interest rates as it waits to see how the Australian economy copes with its present challenges.In the minutes of its July board meeting, when it left the cash..

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