Latest Finance News



Miners and energy lead market down

The Australian share market is lower, with the mining and energy sector once again leading the broader bourse into the red. Market heavyweight BHP Billiton was down 2.5 per cent after the overnight..

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US stocks edge up thanks to tech stocks

US stocks have finished modestly higher as gains in tech shares offset weakness in petroleum-linked equities following weak Chinese economic data. The Dow Jones Industrial Average on Monday climbed..

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Shares slip ahead of key Chinese data

The Australian share market has slipped into the red despite opening higher, with investors cautious ahead of the release of key Chinese data. Traders said investors were nervous, despite positive ..

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US stocks push higher on earnings

US stocks pushed higher for the third week in a row on passable earnings, big merger announcements and rising confidence the Federal Reserve will keep interest rates low. Trade cooled somewhat comp..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: CWN - CROWN James Packer's Crown Melbourne is planning a $1.5 billion addition to its Southbank casino precinct.

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Aust shares close higher

The Australian share market has closed higher, with the miners and energy players rebounding off recent losses. At the close on Thursday, the benchmark S&P/ASX200 index was 32.7 points, or 0.63..

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Steady employment figures boost shares

The Australian sharemarket is half a per cent higher at noon after receiving a boost from unemployment data. The local bourse extended its early gains after official figures were released at 1130 A..

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International markets roundup

A roundup of trading on major world markets. NEW YORK - A downcast earnings forecast from Wal-Mart Stores and a lacklustre US retail sales report sent retail stocks diving Wednesday as US stocks fi..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: CSL - CSL - down 28 cents, or 0.3 per cent, at $89.25 Blood products and vaccines supplier CSL holds its annual general meet..

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Shares down as investors reap profits

The share market is lower as investors continue to take money off the table following a week of gains. The mining and energy stocks led the way down, with BHP Billiton dropping 1.45 per cent and oi..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: A2M - A2 MILK - up 6.5 cents, or 10 per cent, at 71.5 cents A2 Milk has successfully completed a $NZ40 million ($A36.73 millio..

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International markets roundup

A roundup of trading on major world markets. NEW YORK - US stocks have finished a buoyant week on an up note, with the tech-rich Nasdaq enjoying the biggest gains thanks to Apple. The Dow Jones ..

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Shares rise for fourth straight day

The share market has overcome a late slide to post a fourth straight gain, its longest winning streak since August. Gains by resources and energy stocks drove a rise of 0.25 per cent, which takes t..

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Miners drive share market up

The share market is buoyant at noon after jumping steeply during early trade. Strong gains were made by the miners, with BHP Billiton leaping 3.63 per cent to $25.15 while rival miner Rio Tinto add..

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US stocks gain despite weak Adobe, Yum

Wall Street stocks have pushed higher, despite some disappointing earnings news from Yum Brands, Adobe Systems and others. The Dow Jones industrial Average advanced 122.10 points (0.73 per cent) to..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Oct 8: ANN - ANSELL Protective gloves and condom maker Ansell holds its annual general meeting in Melbourne on Thursday. BOQ - BA..

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Energy rally drives market higher

The share market has recovered from a midday slump to post a third straight gain, driven by a sustained rally among energy companies. The market opened higher as the energy sector was boosted by oi..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Oct 7: AFI - AUSTRALIAN FOUNDATION INVESTMENT COMPANY Australian Foundation Investment Company has its annual general meeting.

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Shares continue to rebound

The share market continues to recoup the massive losses incurred on Tuesday, with the energy and mining stocks leading a gain of almost one per cent. The market rose in early trade and held on to t..

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