Financial Services

CHINA'S economy is perking up. The latest data suggest growth has bottomed after hitting a trough of 7.5 per cent year-on-year in the second quarter of the year.

Gold prices have climbed as jitters over the continued US budget stalemate fanned interest in the haven asset.

US stocks have finished lower as a partial US government shutdown entered its second week with no sign of resolution.

Commodity price falls have driven local stocks lower despite the release of positive jobs numbers.

The share market has opened flat, with little to prompt investors as several Australian states enjoy the Labour Day public holiday.

From Saturday 5th of October:

Gold prices have declined as investors remained upbeat about an eventual resolution to the US budget impasse that has kept the federal government shut down for four days.

The Australian dollar is virtually unchanged due to quiet trade on the Labour Day public holiday and uncertainty over the US government shutdown.

The Australian share market has closed lower as investors become increasingly concerned that the budget impasse in the United States may lead to the US defaulting on its debts.

Australian stocks are weaker as investors grow increasingly concerned about the US government shutdown and the possibility the country will end up defaulting on its debt.

Gold has ended lower, but futures pared earlier losses as weaker US economic data helped offset pressure from investors looking to lock in recent gains.

The Australian dollar is slightly lower, staying in a tight range as the continuing US budget crisis overshadows mixed economic data from the US.

US stocks have suffered hefty losses as the partial government shutdown dragged through a third day and worries climbed that the budget battle could escalate into a debt default.

Strength in resources and banking stocks has pushed the Australian share market higher despite the continuation of a US Congressional stand-off over budget negotiations.

West Perth-based financial planning firm Chambers Investment Planners has had its financial services licence cancelled by the Australian Securities and Investments Commission after entering voluntary administration.

The share market has opened higher despite a partial US government shutdown pushing other markets around the world into the red.

US stocks have fallen as the reality of the government shutdown depressed markets and raised concerns about the possibility of a US debt default due to political gridlock.

The Australian dollar is higher with the greenback falling against most currencies as it looks like the American government shutdown will continue for a few more days.

Oil prices rallied Wednesday, despite a larger-than-expected jump in US crude stockpiles, on news that TransCanada's southern leg of its Keystone pipeline is near completion.

Australian shares firmed as investors expect the partial US government shutdown to be resolved soon.

The Australian share market has opened nearly half a per cent higher.

The Australian dollar has slipped from a one-week high reached after the central bank appeared to play down the need for more interest rate cuts.

US stocks have jumped amid hopes the partial government shutdown will not seriously harm the economy.The Dow Jones Industrial Average rose 62.03 points (0.41 per cent) to 15,191.70.

It will be fascinating to see where Economic Regulation Authority chairman Lyndon Rowe takes his inquiry into micro-economic reform.

Weaker than expected economic figures from China and renewed concerns about the Ukraine have caused a significant fall on the local sharemarket.

The Reserve Bank of Australia has left the cash rate unchanged at a record low of 2.5 per cent, saying the current setting of monetary policy remained appropriate.

The Australian market has opened higher after gains on international markets as investors shrugged off worries about the partial US government shutdown.

US stocks have retreated as a partial US government shutdown loomed due to Washington political gridlock over a new budget.

Premier Colin Barnett and Treasurer Troy Buswell have embarked on a hazardous journey; they have

The Australian dollar is higher against a weaker US dollar as the US Congress struggles to pass budget legislation before the end of the financial year.

The Australian dollar has fallen slightly ahead of next week's Reserve Bank board meeting, amid anticipation that the central bank may lean towards another rate cut.

The Australian share market has hit another fresh five year high as previously underperforming stocks pushed the market to its seventh consecutive week of gains.