Latest Finance News



Aust market up more than one per cent

Strong gains by the big miners and major banks have pushed the Australian share market higher for a third straight session. A lift in the iron ore price to $US60.48 a tonne overnight, following sur..

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US indexes gain at least 1%

Wall Street have rallied for a second straight day, led by gains in beaten-down financial shares after JPMorgan's quarterly results. The major indexes each ended up at least 1 per cent on Wednesday..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has again risen, and has breached the $US60 mark. It's u..

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Market enjoys best gains in six weeks

Higher commodity prices and better than expected Chinese trade figures have fuelled strong gains on the share market. The big miners, energy stocks and major banks all made solid gains in the marke..

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Shares rise on commodity price rally

The share market is more than one per cent higher as banking and resource stocks are boosted by a sustained rise in commodity prices. Rio Tinto, BHP Billiton and energy giant Woodside Petroleum are..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has closed higher, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at th..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has soared toward the $US60-mark, lifting $US2.60 to $US..

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Banks lift Aust share market

The Australian share market has closed higher due to gains among the major banks. Australian Stock Report head of research Chris Conway said bargain hunting has helped lift the financial stocks, ho..

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Aussie market builds on early gains

The Australian share market is building on early gains to be around 0.5 per cent higher at noon, as the big banks recover from recent falls and the major miners lift. At 1200 AEST, Commonwealth Ban..

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Wall St closes lower

Wall Street has closed slightly lower, with gains in materials and banks countered by declines in consumer staples shares, as investors girded for the start of an earnings season expected to be gloomy..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron ore has soared, lifting $US2.59 to $US56.62. ORG - OR..

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Banks weigh on Aussie market

The Australian share market has closed slightly lower as weakness among the big banks outweighed strength in the energy and mining sectors. IG market strategist Evan Lucas said investors were large..

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Share market is lower at noon

The Australian share market is down, hurt by financial stocks, biotechnology group CSL and retail heavyweight Wesfarmers. The benchmark S&P/ASX 200 is lower with the Commonwealth Bank down 20 c..

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Solid start to 2016 for housing market

Australia's property market has started 2016 in better shape, and a bump in investor home loans isn't expected worry the Reserve Bank. The number of home loans approved in February rose 1.5 per cen..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - A sharp rally in crude oil and energy shares has lifted US stocks, but indexes registered losses for the week and investors were cautious ahe..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron is hovering just under the $US55 mark, falling 67 US cen..

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Big banks weigh on Australian market

The Australian share market regained some heavy early losses but still closed lower as weakness among the big banks weighed upon the bourse. CMC chief market analyst Ric Spooner said three factors ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have dropped as oil prices slid and worries about the global economy resurfaced, dragging down the US dollar against the Japanese y..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has edged lower, down 18 US cents to $US54.57...

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Energy, resources lift Aussie market

The Australian share market has closed higher thanks to gains among energy and materials stocks. Options XPress analyst Ben LeBrun said despite ongoing global worries, investors had been buoyed by ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron has again edged higher, up 18 US cents to $US54.5. BO..

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Energy stocks lead market higher

Gains by energy stocks have pushed the share market modestly higher, but most of the major banks are still feeling pain. Sentiment appeared to have improved since Tuesday's sharp fall, IG market an..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street has fallen sharply as investors took gains off the table following a recent rally and ahead of an upcoming quarterly reporting se..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron is steady on its first session of trading after a public..

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