Financial Services

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.

The Australian stock market has hit a fresh five-year high, following Wall Street's positive overnight lead.

The Australian dollar is slightly lower as traders wait for a clearer picture on the progress of budget talks in Washington.

US stocks have risen for the first time in six days after some encouraging jobs and housing market data.The Dow Jones Industrial Average rose 55.04 points (0.36 per cent) to 15,328.30.

The Australian dollar is higher, boosted by risk sentiment in the Asian region on news that Japan may cut corporate taxes.

The Australian share market has closed higher for a second straight day despite the uncertainty caused by a US budget deadlock.

Managing risk and implementing methodical strategies have helped three local companies hit their targets, guests at a recent Business News Success & Leadership breakfast heard.

Listed corporate finance firm Euroz has announced a management shuffle in its stockbroking subsidiary, with the current head of institutional dealing, Rob Black, appointed as managing director.

The Australian stock market has followed Wall Street lower as fears of a possible US government shutdown next week weigh on investors.

The US Federal Reserve is looking into allegations that traders received information about its policy decision last week ahead of the official release time.

Gold futures have risen as investors fear a potential impasse in US budget talks may bolster demand for the metal.

The Australian dollar is slightly higher against the US dollar as the greenback is pressured by weaker economic data and worries over US government budget negotiations.

The Australian share market has closed higher, with widespread gains ending a three-day losing streak.

The involvement of two members of the board of Australia's share market operator in a trading scandal in the US was unfortunate, their chairman says.

The Australian share market has opened a third of a per cent higher.

The state government was caught by surprise last week when ratings agency Standard & Poor's cut Western Australia's long-term rating from AAA to AA+.

The price of oil slipped below $103 a barrel for the first time since early August, as the U.S.

The Australian dollar is slightly lower amid more signs that the US economic recovery may not be all that strong.

US stocks have ended an up-and-down day mostly lower, as investors watched a Washington budget debate as the deadline for funding the government looms.The Dow Jones Industrial Average fell 66.79 (0