Latest Finance News



Trade deficit halves in December

Australia's trade deficit more than halved in December, helped by falls in the price of oil and the value of the Australian dollar. The trade balance stayed in the red for a ninth consecutive month..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Feb 3: ARG - ARGO INVESTMENTS - down one cent, or 0.13 per cent, to $7.98 MELBOURNE - A growing divergence between the United States ..

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US stocks finish higher after oil rises

Wall Street stocks have finished a choppy day with strong gains led by petroleum-linked equities as oil prices rose again. The Dow Jones Industrial Average gained 196.09 points (1.14 per cent) to 1..

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Aussie shares close higher

The Australian share market has closed higher ahead of the Reserve Bank's decision on whether to cut the official interest rate, already at a record low. At the close on Monday, the benchmark S&..

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Housing prices up in January

Housing prices rose strongly in January, but the rise was uneven in a "two-tiered market". The average rise across the nation's capital cities was 1.3 per cent, according to a CoreLogic RP Data sur..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have finished a volatile week sharply lower following a disappointing US economic growth report and worrisome data on euro..

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US stocks mostly lower on weak data

Wall Street stocks have opened mostly lower following disappointing US economic growth and eurozone inflation data. Five minutes into trade on Friday, the Dow Jones Industrial Average stood at 17,3..

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Aussie shares close higher

The Australian share market has closed higher, following a strong lead from Wall Street. At the close on Friday, the benchmark S&P/ASX200 index was 18.8 points, or 0.34 per cent, higher at 5,58..

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US stocks rally after two down days

US stocks have pushed higher, rallying after two down days on generally solid corporate earnings and a gain in oil prices. At the closing bell on Thursday, the Dow Jones Industrial Average was at 1..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Jan 30: BCI - BC IRON - down 1.5 cents, or 3.1 per cent, at 46.5 cents Pilbara iron ore producer BC Iron is making deeper cost cuts as..

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Aussie shares close higher

The Australian share market has closed higher, with solid performances across the financial sector underpinning the broader market. At the close on Thursday, the benchmark S&P/ASX200 index was ..

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Share market lifts after weak start

The share market is higher despite a weak start to trade, due to expectations the Reserve Bank will soon cut interest rates. CMC Markets chief market analyst Ric Spooner said the turnaround from ea..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Jan 29: AGL - AGL ENERGY - down 12 cents, or 0.85 per cent, at $14.07 NSW Premier Mike Baird has warned that authorities will "come ..

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Aussie shares close higher

The Australian share market has closed slightly higher, pushed upwards by a better than expected underlying inflation print. At the close on Wednesday, the benchmark S&P/ASX200 index was 5.6 po..

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Shares lower after CPI figures

The Australian share market is lower following a soft lead from the US and stronger than expected inflation figures. The market is down around a quarter of a per cent, which follows solid gains on ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Jan 28: CAB - CABCHARGE - down five cents, or 1.1 per cent, at $4.38 The Western Australian Government's plan to cap taxi payment f..

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Shares rise

The share market has gained ground despite another fall in iron ore prices denting the resources sector. The market pushed higher throughout the day, as the banks, retailers and healthcare stocks r..

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Wall Street edges higher in dull trade

A massive snowstorm descending on New York dulled Wall Street trade, but stocks ended a bit higher, helped by some positive quarterly earnings reports. After a slow start, with some worries about t..

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Aussie shares close higher

The Australian share market has closed higher, with investors buoyed by plans to breathe new life into Europe's ailing economy. At the close on Friday, the benchmark S&P/ASX200 index was 81.9 p..

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Share market rallies in Euro stimulus

The share market is more than one per cent higher after the European Central Bank announced measures to boost the eurozone's ailing economy. The ECB will buy 60 billion euros ($A85 billion) worth o..

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