Financial News from AAP

Stocks to watch on the Australian stock exchange at close on Wednesday: CHC - CHARTER HALL GROUP - up 24 cents at $3.89 Property firm Charter Hall and an associated superannuation fund have paid $458 million ...

The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

Entrepreneur Nathan Tinkler has sold about half of his stake in miner Whitehaven Coal to his financier Farallon Funds. The financially troubled businessman has sold a stake of 9.9 per cent for about $300 ...

The current fad for warning of an imminent recession in Australia is likely to go the way of caftans and paisley polyester body-shirts. Most of the arguments in favour of a recession being at least a possibility ...

A measure of economic growth in the coming months has strengthened because of growing company profits and gains on the share market. The Westpac Melbourne Institute Leading Index, which indicates the likely ...

When Marly Quincoces wanted to grab the attention of potential clients for her South Florida event planning company, StarMar Events, she made a YouTube video in front of a white board giving tips on how ...

New News Corp has had an inglorious debut on the Australian share market, with its stock falling. The share price of the newly hived off publishing business was down nearly four per cent to $14.42 at 1245 ...

The KoKyu relief crew arrived about 7pm on the Friday night of the April Shakori Hills GrassRoots Festival of Music & Dance in Silk Hope, North Carolina (NC). That meant that David "Flip" Filippini, ...

The Australian dollar is weaker as traders continue to sell in the absence of any good news on the local economy. At 1200 AEST on Wednesday, the Australian dollar was trading at 94.69 US cents, down from ...

Australian shares were stronger at noon, with trading levels light as investors await a crucial economic statement from the US Federal Reserve. The Fed is meeting on Wednesday in the US, and if indicates ...

Stocks to watch on the Australian stock exchange at noon on Wednesday: CHC - CHARTER HALL GROUP - up 19 cents, or 5.20 per cent, at $3.84 Property firm Charter Hall Group and an associated superannuation ...

Competition from China and other low-wage rivals, coupled with fallout from the 2007-09 financial crisis, has put American wages under such unprecedented strain they have shifted into reverse. They're ...

Job advertisements on the internet rose by 0.2 per cent in May, federal government figures show. The Department of Education, Employment and Workplace Relations internet vacancy index rose to a seasonally ...

From the outside, the new home in Waxhaw, North Carolina, doesn't seem all that different from the other houses on the street. But it has one major feature that the others don't: Inside this home is another ...

British bankers could soon be facing harsher penalties for behaving badly. After a year in which major scandals involving rate-rigging, money-laundering and rogue-trading rocked Britain's financial industry, ...

Australian shares have opened stronger as investors look to whether the United States will alter its massive economic stimulus program. The US Federal Reserve early Thursday is expected to provide an update ...

The Australian share market has opened nearly two-thirds of a per cent higher. At 1010 AEST on Wednesday, the benchmark S&P/ASX200 index was up 29.2 points, or 0.61 per cent, at 4843.6, while the broader ...

Australian bond futures contract prices are weaker as healthy US economic data convinces investors the US Federal Reserve will dilute its quantitative easing program. ANZ head of interest rate research ...

Stocks to watch on the Australian stock exchange on Wednesday, June 19: EGP - ECHO ENTERTAINMENT - up three cents at $3.04 Gaming and leisure group Genting Hong Kong has increased its stake in Australian ...

After years of quiet and largely unsuccessful diplomacy, the US has brought its persistent computer-hacking problems with China into the open, delivering a steady drumbeat of reports accusing Beijing's ...

Oil prices sank along with the euro after the European Central Bank forecast that the eurozone would continue to contract next year and only return to growth in 2014.

The Australian dollar is weaker as speculation of a scaling down in US stimulus measures boosts the greenback. At 0700 AEST on Wednesday, the local unit was trading at 94.86 US cents, down from 94.92 cents ...

The Australian dollar is weaker despite a firmer finish on Wall Street. At 0632 AEST on Wednesday, the local unit was trading at 94.81 US cents, down from 94.92 cents on Tuesday. US stocks closed firmer, ...

The Australian market looks set to open higher after Wall Street rose decisively as investors bet that the Federal Reserve will stay the course on its economic stimulus policy. At 0635 AEST on Wednesday, ...

A roundup of trading on major world markets: NEW YORK - US stocks rose decisively as investors bet that the Federal Reserve will stay the course on its economic stimulus policy. At the closing bell, the ...

Danish toymaker Lego says it will expand a factory in the Czech Republic and create some 800 jobs to meet growing regional demand for its popular building blocks. Carsten Rasmussen of Lego's European packing ...

Gaming and leisure group Genting Hong Kong has increased its stake in Australian casino owner Echo Entertainment. Genting HK bought almost 11.4 million Echo shares last week to increase its stake in Echo ...

The world's largest port in Newcastle will be sold off by the NSW government as part of Treasurer Mike Baird's mostly prudent budget that included only a handful of nasties. There are fears more public ...

The people of NSW can expect huge improvements in transport and improved schools and hospitals after a $60 billion infrastructure boost in the state budget, the government says. The controversial privatisation ...

Developer Lend Lease has reassured investors its earnings will grow this financial year despite a restructure to deal with a slowing construction market. The company's shares dropped 7.5 per cent on Monday ...

The Australian dollar is over one US cent lower as it looks likely the central bank will cut the cash rate some time in the second half of the year. Some of the currency's losses also came on Monday night ...

Rupert Murdoch's hived-off newspaper business is tipped to suffer a fall in earnings in its first two years of stand-alone operation as it tries to reduce costs. Shares in New News Corp (NNC) will start ...

Treasurer Wayne Swan believes Australia has a bright future in the fast growing Asia region, on the back of economies like China and India. He also insists the budget will support jobs and growth, while ...