Latest Finance News



Interest rate call preview

Borrowers can breathe easy for the next few months, as economists don't expect an interest rate rise for the remainder of 2011, while some are tipping a cut in the new year.They can thank recent finan..

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Colombia’s oil output jumps

Colombia posted record oil output of 953,000 barrels a day in August, a year-on-year increase of about 21 per cent, official data showed on Thursday, as the key sector continues to boom. Mines and ..

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International stocks mixed

A roundup of trading on major world markets:NEW YORK - US stocks dropped more than one per cent on Thursday, a day before a closely watched report on the jobs market will show whether prospects are im..

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Stocks to watch on Friday

STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE FRIDAY September 2ADU - ADAMUS RESOURCES LTD - up one cent at 66 centsGhana-based gold miner Adamus Resources expects to complete its planned merger wi..

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Qantas says yields up in July

Qantas Airways has reported improving yields - or average fares per passenger - across the airline group for July.In its monthly capacity and traffic statistics released on Friday, Qantas said total d..

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Aussie stocks close firmer

The Australian share market pared back earlier gains on offshore leads to close slightly higher, led by telecom stocks.At 1615 AEST, the benchmark S&P/ASX200 index was up 11 points, or 0.26 per cent, ..

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ING half-year profit up 22%

ING DIRECT Australia's first half profit rose by 22 per cent despite increased competition and a slowdown in credit growth.The online banker said net profit was $161.9 million for the six months to Ju..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange today (September 1)BHP - BHP BILLITON LTD - up 39 cents at $39.74A cashed-up BHP Billiton will spend $US367 million ($A344.31 million) expanding up its..

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CSR cuts NSW, Vic manufacturing jobs

Building products maker CSR will close manufacturing lines in Victoria and NSW and lay off 110 workers as it restructures its glass business to cope with challenging business conditions.CSR says the d..

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