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Market rises as CBA hits new high

The Australian share market edged higher due to strength in the banking sector, which pushed Commonwealth Bank shares to a record high.

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Tokyo’s Nikkei closes down 3.32 per cent

Tokyo's Nikkei stock index has closed down 3.32 per cent as the US dollar hit a new low against the yen.

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Market rises as CBA hits new high

The Australian share market edged higher due to strength in the banking sector, which pushed Commonwealth Bank shares to a record high.

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Economy stronger than it looks

The latest national accounts show GDP growth is below par, but growth demand for Australia's output is actually proceeding at a healthy clip.

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OZ Minerals takes $240m hit

Lower than expected copper and gold prices will contribute to a $240 million hit to miner OZ Minerals six-monthly earnings.

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Thiess buys NBN rollout contractor Silcar

German technology multinational Siemens has agreed to sell its half stake in NBN rollout contractor Silcar to construction services firm Thiess.

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