Latest Finance News



Housing not overvalued: RBA paper

Is housing overvalued? It's not only the question on everyone's lips, but it's also the title of a research discussion paper published by the Reserve Bank of Australia on Monday. But don't expec..

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Aussie share market closes higher

The Australian share market has closed modestly higher in the wake of positive leads from markets in the US, Europe and Asia. OptionsXpress market analyst Ben Le Brun said investors in Australia wo..

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China Q2 growth mired at 7.4%

Chinese growth failed to accelerate in the second quarter despite government stimulus measures, an AFP survey predicts, with the world's second-largest economy forecast to record its worst annual perf..

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Personal finance surged 9.1% in May

Personal finance loans were up 9.1 per cent in May, seasonally adjusted. Personal finance commitments, seasonally-adjusted, rose to $8.689 billion in May, from $7.963 billion in April, the Australi..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, July 14: DJS - DAVID JONES - steady at $3.93 Shareholders are due to meet in Sydney to vote on a $2.2 billion takeover offer from Sout..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks finished Friday with modest gains following a handful of mixed earnings reports ahead of a busier economic and earnings calendar th..

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Aussie shares close higher

Australian stocks finished the day higher but the market was down for the week after three days of losses from Monday to Wednesday. The share market opened lower with a debt crisis involving Portug..

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All eyes on Lew ahead of DJs vote

If all goes to plan, David Jones, Australia's oldest department store, will shift into foreign hands on Monday. The sale to South Africa's Woolworths Holdings is widely expected to win approval at ..

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Stocks higher after soft start

Australian stocks are higher after a slow start to trading across most sectors. The market opened lower on Friday following weak overseas leads triggered by suspended trading by Portugal's biggest ..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, July 11: ALZ - AUSTRALAND - steady at $4.47 The planned foreign takeover of property group Australand is one step closer, after Austra..

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US stocks end with modest losses

US stocks recovered from a sharp opening fall sparked by a Portugal bank scare and general investor caution to end with modest losses on Thursday. After the initial reaction, traders appeared to di..

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Aussie sharemarket shows modest gains

The Australian sharemarket ended a three-day run of losses with modest gains, despite a rise in the unemployment rate. Unemployment rose to six per cent in June - although the participation rate is..

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Aussie shares close higher

The Australian share market has closed higher after data showed China's monthly trade surplus jumped more than 16 per cent in June to $31.6 billion. At the close on Thursday, the benchmark S&P/..

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China’s trade figures show growth

China's monthly trade surplus has jumped 16.4 per cent in June to $US31.6 billion, official data shows, as exports and imports rose in the latest sign of recovering strength in the world's second-larg..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, July 10: AQA - AQUILA - steady, at $3.39 AZJ - AURIZON - down seven cents, or 1.39 per cent, at $4.98 Baosteel and Aurizon now co..

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ASX posts heavy falls

Australian stocks fell heavily on a day where the negative mood among US investors overnight carried into local trading. All sectors fell other than gold with some of the biggest drops in defensive..

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Aussie shares close lower

The Australian share market has closed more than one per cent lower, with falls across all sectors. At the close on Wednesday, the benchmark S&P/ASX200 index was 58.4 points, or 1.06 per cent, ..

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Bidders move to 100% of Aquila

Baosteel and Aurizon now control more than 90 per cent of Aquila Resources and will move to compulsorily acquire the rest of its shares. The bidders gained control last week when Aquila chairman an..

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