US sharemarkets finished the week with barely a spark as economic data gave little reason to reverse the downturn in se...
World oil prices fell for the fourth consecutive day on Friday, taking the drop to more than $US6 a barrel or more than ...
The Australian currency opened weaker today after soft US and Italian economic data dampened investor sentiment for risk.
The August results season has only just started, but I have already drawn conclusions and made observations that can be important for investors.
A glance through the latest expert views and predictions about commodities with some mixed views emerging for bulk materials but general upward trends in base metal and gold prices seen as sustainable.
The Australian stock market finished over one per cent higher, led by gains in the mining and energy sectors, as investors took the previous day's decline as a buying opportunity.
The Australian market closed on its highs of the day shrugging off the doubts over global growth that plauged it for most of the week.
South Korea’s Ssangyong Motor is set to be taken over by Indian firm Mahindra & Mahindra as creditors of the troubled company announced on Friday that the utility vehicle specialist edged out competing bidders from France, Japan and India.
AGL Energy Ltd plans to spend A$10 billion ($9 billion) building renewable production capacity by 2020 in line with Australia's quest to source a fifth of its power needs from alternative sources.
Perth-based Kingrose Mining Ltd revealed on Friday that it has poured its first batch of gold and silver bars from its Indonesian mining project in Way Lingo following the site’s year-long development that cost $13.39 million.
Giant energy firm Chevron Corporation revealed on Friday that it has discovered fresh gas deposits on its Carnarvon Basin offshore project in Western Australia where the company is developing two huge liquefied natural gas LNG facilities.
The Australian and New Zealand currencies managed to pare losses in today's trading as investors thrived on confidence that the Japanese government will soon intervene to strengthen the yen.
The Australian stock market was higher at midday thanks to gains in the mining sector.
Myer recorded a mixed 4Q sales result but lifted earnings guidance for the full year, the result being brokers remain generally positive on the outlook for the stock.
A brief look at important company events and economic data releases next week.
US bank repossessions of mortgaged residential property were the second highest on record in July.
It was a quiet night for currencies overnight, the AUD grinding higher at one stage, back above USD0.9000.
The Aussie dollar experienced a roller coaster ride over the last 24 hours dropping to 0.8920 in Asia before bouncing back to 90 cents in early Europe only to retest 0.8920 in North American trade overnight.
U.S. stocks fell for a third straight day Thursday as a revenue warning from Cisco Systems weighed on other technology stocks, including Hewlett-Packard and Microsoft, while disappointing U.S. jobs data also sent jitters across the market.
The Australian share market has received a mixed lead from offshore markets, with Wall Street and oil prices ending weaker, while metals gained.
The Dow recovered from a 110 point fall on higher jobless claims to close down 58 on low volume.
Cash rich, profit poor might describe the plight of Telstra after yesterday's 2010 earnings report and outlook.Cash flow...
Investors shrugged off the lack of a final dividend from Qantas after the airline yesterday reported another tough year ...
In contrast to the lower result from Telstra, Singapore Telecommunications said yesterday that Optus' net profit was up...
Coca-Cola Amatil says it made a record net profit in the six months to June, thanks to price rises which helped offset...
Australian unemployment rose to 5.3% yesterday in something of a surprise, but the Australian Bureau of Statistics has r...
The ASX 200 spent most of the day in an arm wrestle with 4400 before eventually closing right on that level.
The Australian share market was lower at midday following a poor performance on global markets overnight and a slight increase in the domestic unemployment rate.
Phosphagenics is trying to develop an anti-fat drug delivered via the skin, which if successful would offer significant upside according to Southern Cross Equities.
Gold futures bounced on demand as a reaction to the Federal Reserve's announcement that the U.S. economy's recovery is not as fast as earlier expected.
