MARKETS

Financials pull down share market

The Australian share market was lower in early afternoon trading, dragged down by subdued financial stocks after a flat close on offshore markets overnight.

Rio Tinto Interim Lifts Broker Expectations

Rio Tinto delivered a better than expected interim result and along with increasing earnings estimates brokers are viewing favourably the company's return to a focus on growth.
More news

Daily Forex Commentary 6/8/2010

Demand for higher yielding assets dampened on concern China's bank stress tests will reveal losses, softening the Australian Dollar during Asia.

Profits: Rio Back To Boom Time

Rio Tinto has well and truly recovered from its self-inflicted near death experience in 2008-09 that saw it almost fall ...

Gold: Some Bearish Arguments

There are a growing number of gold bears emerging from hibernation.If we believe that despite the slowing US economy, th...

Australian market to open flat

The Australian stock market is set for a flat start after an unexpected rise in jobless claims and weak retail sales data in the US resulted in a moderately lower Wall Street.

News Corp returns to profits this year, nets $US2.54 billion

Global media group News Corporation (ASX: NWS) revealed on Thursday that it has regained profitability in financial year 2009/10 with its net profit of $US2.54 billion or $A2.77 billion after bleeding huge losses on the year before as the company attributed growths on its business segments, stronger advertising markets and strings of blockbuster films for the impressive recovery.

Chinese Gold Market Opening Up

Renewed strength in the gold price has been partly attributed to Beijing's easing of internal gold trading restrictions.

World Market Overview

U.S. stocks rose Wednesday as better than expected signs for the employment environment calmed investors' jitters ahead of the government's Friday payrolls report.

Daily Forex Commentary 5/8/2010

The Australian goods and services balance printed a trade surplus of 3.54 billion in June annihilating expectations of 1.81 billion.

Retailing: Kathmandu Punished

Another private equity retail success story bites the dust within a few months of being sold into the market.Myer was th...

Australian Stock Market Report - Closing

The Australian share market followed Wall Street into the red today, snapping a two day winning streak. The All Ordinaries Index (XAO) fell 26.8pts or 0.6pct to 4559.7, while the S&P/ASX 200 Index (XJO) fell 29.5pts or 0.7pct to 4542.1.

Pages