Latest Finance News



Australian shares finished 0.5% lower

The Australian share market pared back early losses to finish lower for the second consecutive day as weaker global markets weighed on local sentiment. The losses on Tuesday came after global marke..

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Australian shares open lower

The Australian share market has opened weaker after markets around the world plunged overnight. At 1041 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 26.4 points, or 0.54%, at 4,881...

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Cochlear makes $77.7m H1 profit

Hearing implants maker Cochlear has made a first-half net profit of $77.7 million after a record six months of sales.The company said its net profit for the six months to December 31 rose to $77.7 mil..

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CityLink traffic growth subdued

Toll road operator Transurban says traffic growth on its main asset, CityLink, in Melbourne, still has not returned to the levels prior to the global financial crisis (GFC).Transurban on Tuesday booke..

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US stocks slump amid eurozone worries

US stocks have closed sharply lower as signs of political instability in Italy and Spain renewed worries about the eurozone's long-running public debt crisis. The Dow Jones Industrial Average dropp..

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Aurizon plans to re-open coal rail

Aurizon expects to re-open its Blackwater rail route by the end of this week following Queensland's floods but the Moura line's opening to miners has been delayed until the end of February. Ex-trop..

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Australian shares close weaker

The Australian share market closed weaker, with investors unwilling to push the bourse to 5000 points without new good economic news. At the close on Monday, the benchmark S&P/ASX200 index was ..

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Stocks to watch at close on Monday

Stocks to watch on the Australian stock exchange at the close on Monday: AQA - AQUILA RESOURCES LTD - down 12 cents at $3.00 Aquila Resources shares were more than four per cent lower after the ..

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Australian share market higher at noon

The Australian share market is trading slightly higher, boosted by positive overseas leads and higher prices for base metals. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was up 5.8 p..

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Australian market opens higher

The Australian market has opened higher after positive overseas leads and gains for the mining giants. At 1024 AEDT on Monday, the benchmark S&P/ASX200 index was up 12.6 points, or 0.26%, at 4,..

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Inflation remains contained

Inflation remains at a slow enough pace for the Reserve Bank of Australia (RBA) to again cut the cash rate but that's not expected to happen this month. The TD Securities/Melbourne Institute Monthl..

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US stocks gain after mixed jobs data

US stocks have added solid gains in early trade after a mixed jobs report showed lower-than expected job generation in January, but revisions pushed last year's numbers sharply higher.Thirty minutes i..

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Australian share market closes higher

The Australian sharemarket has closed higher, led by gains in high yielding stocks, despite falls on Wall Street and European markets. At the close on Friday, the benchmark S&P/ASX200 index had..

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US stocks finish lower

US stocks have finished lower, with BlackBerry maker Research in Motion losing 5.8% after launching a new operating system and Dow Chemical sagging nearly 7% on a quarterly loss. The Dow Jones Indu..

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Kathmandu expects 75% FH profit increase

Retailer Kathmandu has shrugged off the tough retail outlook by sharply upgrading its profit forecast, as shoppers' enthusiasm for travel and adventure remains strong.Kathmandu said it now expects its..

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Aust share market closes slightly lower

The Australian share market has closed slightly weaker, snapping a 10-day winning streak, after markets in the United States fell.The benchmark S&P/ASX200 index fell 17.9 points, or 0.37 per cent, to ..

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Strong run for shares at an end

The Australian share market's strong run has stalled, with major resources and retail stocks leading the market lower at noon. At 1200 AEDT on Thursday, the benchmark S&P/ASX200 index was down ..

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Mother calls for Orica site probe

Explosives and chemical maker Orica says it will fund an environmental investigation into the history of mercury emissions at its former site at Port Botany after health fears from local residents.A m..

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Australian shares open flat

The Australian share market is relatively flat despite a fall on Wall Street overnight. At 1032 AEDT on Thursday, the benchmark S&P/ASX200 index was down 2.4 points, or 0.05%, at 4,894.3, and t..

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