The Australian market held onto strong gains closing the day 1.9% firmer on broad based strength.
AGL Energy has announced that it has successfully diverted some of its debts to the American market as a part of its scheme to make the firm’s debt maturity longer and to diversify its sources of financing.
PanAust delivered a solid quarterly production report and with a number of growth options available brokers remain almost unanimously positive on the stock at current levels.
A brief look at important company events and economic data releases next week.
In a case of deja vu for Australians, the US Democrats have decided to shelve their ETS plans ahead of the mid-term elections given lack of Republican support.
The AUD has opened up over USD0.8900 this morning after a surprisingly strong night offshore last night.
U.S. stocks climbed broadly Thursday following strong earnings from Caterpillar, 3M and United Parcel Service, while better than expected data on U.S. existing home sales and euro zone economic activity also provided a boost.
US jobless claims rose by 19,000 in the latest week to 464,000, above expectations for a result near 445,000.
Another bad day for Woolworths' shares yesterday.While the market was mixed in reaction to poor leads from offshore, Woo...
Federal Reserve Chairman, Ben Bernanke, has had an unusual economic lexicon in the past year or so.In early 2009 he gave...
After looking vulnerable to more downside in Asia yesterday the Aussie dollar found intraday support at 0.8735 going on to reverse its trajectory and rally during the European time-zone to retest what had been strong resistance around 0.8750.
As the merger with Lihir Gold inches closer, Newcrest Mining yesterday reported a solid end to the 2010 financial year a...
With the federal election now set for August 21 the AMP's chief economist, Dr Shane Oliver says it is natural to wonder ...
The earnings season yo-yo shot up last night and even economic data surprised. Dow up 201. (Locked for subscribers until 10:00 AEST)
The Australian currency opened nearly two US cents stronger, bolstered by positive investor sentiment following comments from the central bank and the US Federal Reserve earlier in the week.
The Australian share market is forecast to open higher, after a positive end on Wall Street and stronger commodities prices during the offshore session.
Slowly, the recovery in global steel is fading as the momentum goes out of the restocking boom, car sales peak in some c...
World Bank president Robert Zoellick reported on Wednesday that the recent worldwide financial crisis had resulted to an additional 60 million people living in poverty as he noted that economic gains achieved in global recovery remained frail and tentative in some economies across the globe.
Andean Resources has a high quality project at Cerro Negro but at least one broker does not want to get carried away just yet.
The AUD has opened back below USD0.8800 this morning after financial markets retreated on Federal Reserve Chairman Ben Bernanke's comments before a US Senate Banking Committee.
On Wall St, early gains after strong results from Apple and Morgan Stanley were quickly erased once Fed Chairman Ben Bernanke began his speech.
The US Federal Reserve chairman, Ben Bernanke, delivered semi-annual testimony on the economy, saying that the outlook for the economy was ´´unusually uncertain.´
Stocks dropped broadly Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank is not prepared to consider further stimulus in the near term despite what he called an unusually uncertain outlook.
The Australian Dollar opens lower against the greenback at 0.8780. The Aussie was supported around US88 cents during local trade yesterday by further talk of a rise in the official cash rate.
BHP Billiton may be 'cautious' about the outlook for global growth and demand for its many commodities, but it is at lea...
Shares in Woolworths weakened yesterday after Australia's largest retailer revealed another quarter of slowing sales gr...
Perth-based mineral tester, Ammtec, has used a very positive earnings update to again remind shareholders that they shou...
The ongoing merger between the gold mining industries big players, Newcrest and Lihir, has reportedly sparked its first ...
AXA Asia Pacific Holdings says it expects first-half operating earnings to rise 5.7% as it continues discussions with th...
Bernanke opened his mouth and Wall Street plunged in a heartbeat last night. Dow down 109. (Locked for subscribers until 10:00 AEST)