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US bank Citigroup has cut between 200 and 300 additional jobs, most in the global markets business, The Wall Street Journal reports.Some of the employees were fired, while others left voluntarily. Amo..
A summary of trading in key commodities markets overseas: ENERGY US crude oil prices closed higher, lifted by market hopes for stronger demand in the United States ahead of the nation's summer h..
A roundup of trading on major world markets: NEW YORK - The tech-rich Nasdaq Composite Index again led Wall Street sharply lower, closing out a dreary week at its lowest level in more than two mont..
The Australian share market has closed sharply lower after a fall in technology stocks on United States markets caused a wider sell-off on Wall Street. Markets in Asia also fell as investors dumped..
US oil giant Chevron and state-controlled YPF have unveiled plans to spend another $US1.6 billion ($A1.70 billion) to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The i..
China's inflation rate accelerated to 2.4 per cent year-on-year in March, the government says, driven by higher food prices. The increase in the consumer price index (CPI) announced by the National..
The Australian dollar is back below 94 US cents following a fall in global equity markets. At 1200 AEST on Friday, the local currency was trading at 93.77 US cents, down from 94.38 cents on Thursda..
Beverages supplier Coca-Cola Amatil (CCA) is reviewing all its operations after flagging a 15 per cent fall in first half earnings due to weakness in its Australian operations and higher costs in Indo..
The Australian dollar remains above 94 US cents following stronger-than-expected jobs figures. At 0700 AEST on Friday, the local currency was trading at 94.14 US cents, down from 94.38 cents on Thu..
A summary of trading in key commodities markets overseas: ENERGY Oil prices dipped, weighed down by signs some Libyan crude exports will resume soon and weak trade data in China, the world's sec..
A roundup of trading on major world markets: NEW YORK - The tech-rich Nasdaq Composite Index led US stocks sharply lower as anxiety about pricey technology equities return with a vengeance and drag..
Three-year Australian bond futures prices are lower after local jobs figures surprised the market for a second month in a row.The unemployment rate in March fell to 5.8 per cent, much lower than the 6..
The share market has been driven higher by financial stocks after the release of better than expected jobs figures.The gains took the All Ordinaries index to its highest level since June 2008, a mark ..
The Australian dollar has reached a fresh four-month high on greenback weakness following the release of US Federal Reserve meeting minutes. At 0700 AEST on Thursday, the local currency was trading..
A roundup of trading on major world markets: NEW YORK - Wall Street stocks bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in i..
Australian bond futures prices are slightly higher in quiet trade, ahead of the release of local jobs figures on Thursday. UBS interest rate strategist Matthew Johnson said there was a small rally ..
The Australian share market closed at its highest level since the global financial crisis in mid-2008, boosted by a range of positive drivers. Rising consumer confidence amid positive global econom..
Lending for housing continued to rise in February, but in a way that's likely to please the Reserve Bank of Australia. The value of finance approvals by banks and other lenders rose by 2.9 per cent..
Stocks to watch on the Australian stock exchange at noon on Wednesday: AWC - ALUMINA - up 3.5 cents, or 2.8 per cent, at $1.29 Alumina's aluminium producing partner Alcoa lost $US178 million ($A..
Department store Myer has given up its hope of a merger with rival David Jones after being trumped by a $2.15 billion takeover offer from a South African retailer. Myer had proposed a "merger of eq..
South African retailer Woolworths believes it can dramatically turn around David Jones within five years, after launching a $2.15 billion takeover bid for the department store business.The company, wh..
Stocks to watch on the Australian stock exchange on Wednesday, April 9AFJ - AFFINITY EDUCATION - in trading halt, last traded at $1.34Affinity Education is shelling out $80 million for 51 child care a..
A summary of trading in key commodities markets overseas:ENERGYGlobal oil prices jumped on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Done..
Gold futures ticked to a two week high as violence in Ukraine fueled safe-haven buying.The most actively traded gold contract, for June delivery, ended up 0.8 per cent, or $US10.80, at $US1,309.10 a t..
A roundup of trading on major world markets:NEW YORK - The tech-rich Nasdaq Composite Index rallied, leading the market to its first day of gains after three straight losses.The Nasdaq added 33.23 poi..
