Latest Finance News



Aussie sharemarket lower

Banking and mining stocks weakness has driven the Australian sharemarket lower following a slide on Wall Street and a fall in commodity prices. The Dow Jones Industrial Average lost around one per ..

Full Article >

US stocks fall for 4th straight day

Wall Street stocks have dropped on a bruising day for global markets following a disappointing US retail sales report and a weak global economic forecast from the World Bank. The Dow Jones Industri..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Jan 15: CCL - COCA-COLA AMATIL - down 16 cents, or 1.7 per cent, at $9.14 The man who helped secure the future of SPC Ardmona in Vic..

Full Article >

Australian shares close lower

The share market has closed lower for a third straight session, slumping in afternoon trade as copper joined the long list of commodities suffering price falls. At the close on Wednesday, the bench..

Full Article >

Resources drag market lower

The share market is slightly weaker as a drop in iron ore prices weighs on the major resources stocks. The market was around a third of a per cent lower in early trade following a soft lead from Wa..

Full Article >

US stocks dip amid falling oil prices

Wall Street stocks have closed modestly lower as worries about sliding crude oil prices overshadowed a strong unofficial start to earnings season by Alcoa. As the market closed on Tuesday, the Dow ..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Jan 14: AWC - ALUMINA - up 8.0 cents, or 4.2 per cent, at $1.965 Chief executive Peter Wasow says margins in the fourth quarter imp..

Full Article >

Oil and iron ore prices weigh on shares

Falling oil prices have again weighed on the share market, although positive Chinese trade data helped to erase some of the damage. Plunging oil prices and growing forecasts of further falls are ca..

Full Article >

Aussie shares close lower

The share market has closed lower for a second straight day because of falling oil and iron ore prices. At the close on Tuesday, the benchmark S&P/ASX200 index was down 18 points, or 0.33 per c..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Jan 13: AGG - ANGLOGOLD ASHANTI - up 14 cents, or 6.2 per cent, at $2.40 EVN - EVOLUTION MINING - up 3.5 cents, or 4.4 per cent, at 8..

Full Article >

Energy sector leads market lower

The share market has closed lower as oil prices continue to fall. "Lower commodity prices, in particular oil, are putting pressure on the key resources sectors here," CMC Markets chief market strat..

Full Article >

Aussie shares close lower

The share market has closed lower due to weaker commodity prices and big falls on overseas markets. At the close on Monday, the benchmark S&P/ASX200 index was down 42.9 points, or 0.78 per cent..

Full Article >

Shares follow commodities lower

The share market remains lower due to weak leads from the US and Europe and sliding commodity prices. The market opened around half a per cent lower and remained at a similar level at noon, followi..

Full Article >

Job ads rising, but not by enough

More jobs are being advertised but it won't be enough to stem Australia's rising unemployment rate, economists say. Job ads haven risen for the seventh month in a row, rising 1.8 per cent in Decemb..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have dropped, following European equity markets lower, after a mixed jobs report and another decline in oil prices. The Dow Jone..

Full Article >

Aust market lifts on US lead, oil price

The Australian share market has closed higher for a second session in a row, boosted by a positive lead from US markets and a steady oil price. "We've certainly been led by what's going on in the U..

Full Article >

Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: NAB - NATIONAL AUSTRALIA BANK - up eight cents, or 0.24 per cent, at $33.42 The chief executive of National Australia Bank's U..

Full Article >

US stocks soar as oil prices steady

Wall Street stocks have soared for a second day running as oil prices steadied and investors became more confident of monetary stimulus in Europe.The Dow Jones Industrial Average surged 323.35 points ..

Full Article >

Aussie shares close higher

The Australian share market has closed higher, despite the energy sector again dragging on the broader market. At the close on Thursday, the benchmark S&P/ASX200 index was 27.9 points, or 0.52 ..

Full Article >

Aust bonds weaken after Fed statement

The Australian bond market is weaker after markets welcomed positive US private sector jobs figures and a steady as she goes statement from the US Federal Reserve. US private payrolls data showed t..

Full Article >

Building approvals surge to new high

The number of homes approved to be built has hit an all-time high, helped by a surge in apartments and townhouses. Approvals for the construction of new homes rose 7.5 per cent in November, which e..

Full Article >

Aussie share market modestly higher

The Australian stock market was rallying, with most sectors up at noon, although energy shares continue to be punished. The lift is more modest than in the US, where the main markets all gained mor..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Feb 8: DLS - DRILLSEARCH - down 3.5 cents, or 4.49 per cent, at 74.5 cents ORG - ORIGIN ENERGY - down 18.0 cents, or 1.59 per cent, ..

Full Article >