Financial Services

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

Australian shares have fallen for a third consecutive day, due to uncertainty caused by a debt ceiling stand-off in the US Congress.

Just as New Zealand banks are being forced to tighten their lending criteria, Australian institutions appear to be loosening their belts.

Gold futures have fallen for a second session as investors weighed the likelihood of a rollback of Federal Reserve stimulus.

US stocks have closed firmly in the red, extending Friday's losses, amid uncertainty about the Federal Reserve's stimulus taper plans.

The Australian dollar has continued its rally amid news that Chinese manufacturing activity is surging ahead.

Australian shares finished lower, but stemmed some of their losses on the back of strong Chinese economic data.

West Perth-based gold miner Middle Island Resources has raised $5 million towards its proposed acquisition of the Samira Hill gold mine in West Africa through a share placement.

Investment firm Macquarie Group still expects its profit to rise in the current fiscal year, so long as financial market conditions continue to improve.

Today's young workers can expect to have an average $1.1 million in their superannuation by the time they retire but it won't be enough to maintain a comfortable post-work lifestyle.

The Australian share market has started the week in negative territory, down nearly one per cent in early trading.

The Australian dollar has fallen against a stronger US dollar, after a senior US Federal Reserve official said the Fed still could taper its bond purchases this year.