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National Australia Bank's wealth management business is again repaying customers hit by errors in its allocation of investment income.Errors in NAB Wealth's operations between 2006 and 2012 were origi..
The Australian share market has opened flat as cautious traders wait for the release of key employment figures in the US. IG market strategist Chris Weston said it had been a lacklustre start to th..
A roundup of trading on major world markets:NEW YORK - US stocks finished mixed after a busy day of economic data releases ahead of Friday's closely-watched monthly jobs report.The Dow Jones Industria..
The share market has fallen as weaker commodity prices and concerns that banks may be over-priced caused falls in the heavyweight sectors. Investors sold out of ANZ despite its record $3.5 billion ..
Economists were unsurprised by the commission of audit report and say measures in it are unlikely to hurt economic growth in the short term. The National Commission of Audit report contained 86 rec..
The head of an inquiry into Australia's financial system says government backing of the big four banks during the global financial crisis may have given them an unfair advantage over smaller rivals. ..
China's manufacturing activity improved in April, the government says, showing increased strength for a second straight month as the country's broader economy slows. The official purchasing manager..
Stocks to watch on the Australian stock exchange at noon on Thursday: ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP - down 43 cents, or 1.25 per cent, at $34.04 Investors have sent ANZ's share p..
China is advancing rapidly to overtake the US as the biggest economy in the world. New data shows the leader of the world economy since the 19th century could possibly losing its top spot to the As..
The share market has had a flat session as investors supported mining stocks, offsetting falls among high yielding financial stocks. The major banks were all lower ahead of half year updates from t..
Retail giant Woolworths doesn't expect Australians to spend any less at its stores in the wake of this year's tough federal budget. Retail groups and economists have warned of a possible hit to con..
Japan's central bank has kept its ultra-loose monetary policy unchanged, despite data suggesting the economic recovery is weaker than expected.The Bank of Japan is still monitoring the impact of an Ap..
Stocks to watch on the Australian stock exchange at noon on Wednesday: API - AUSTRALIAN PHARMACEUTICAL INDUSTRIES - up 2.25 cents, or 4.21 per cent, at 55.75 cents Pharmacies supplier and health..
A roundup of trading on major world markets: NEW YORK - US stocks finished higher after mixed economic data and corporate earnings as a two-day US Federal Reserve monetary policy meeting got under ..
A summary of trading in key commodities markets overseas: ENERGY Global oil prices rose, supported by tensions over the Russia-Ukraine crisis and expectations of a drop in US commercial inventor..
The Australian dollar fell to an almost one-month low as it continues to lose ground following last week's weaker than expected consumer price index (CPI) figures. At 1700 AEST on Tuesday, the loca..
The share market's seven day winning streak has ended due to significant falls in the bank and mining sectors. The benchmark S&P/ASX200 index hit a six year high of 5,554.5 points in early trad..
Australians are switching back to variable rate home loans as the cash rate sits comfortably at its record low for the foreseeable future. The cash rate has been at 2.5 per cent since August last y..
The federal government will need to be careful not to dampen economic growth too much in putting the budget on track to surplus.AMP chief economist Shane Oliver said initiatives already flagged or spe..
The Australian government has sold $500 million of November 21, 2018, Treasury indexed bonds. The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of the gov..
Stocks to watch on the Australian stock exchange at noon on Tuesday:AIO - ASCIANO - up 2.5 cents, or 0.46 per cent, at $5.425Rail operator Asciano says it is on track to achieve its full year profit t..
Shares in retail group Wesfarmers dropped more than two per cent after the Coles supermarket owner's latest sales fell short of investor expectations. Sales from Coles supermarkets and liquor store..
A roundup of trading on major world markets: NEW YORK - US stocks finished mostly higher as investors absorb new sanctions on Russia and look ahead to a busy week of economic news and earnings. ..
US stocks have opened higher after mixed earnings and ahead of the start of a two-day meeting of Federal Reserve policymakers.Five minutes into trade on Tuesday, the Dow Jones Industrial Average rose ..
The Australian dollar is flat in quiet trade as investors play it safe ahead of a busy week of overseas economic data. At 1700 AEST on Monday, the local unit was trading at 92.96 US cents, a touch ..
