Financial Services

The Australian dollar is lower due to the growing possibility of military action by the US in Syria.

The Australian share market has suffered its steepest one-day fall in three weeks as speculation about a US military strike on Syria hits the big miners.

Australian stocks have opened sharply lower as rising concern over the West's likely imminent intervention in Syria sent international markets tumbling.

The Australian dollar is slightly higher on the back of rising commodity prices.At 0700 AEST on Wednesday, the local unit was trading at 89.84 US cents, up from 89.56 cents on Tuesday.

US stocks have plunged as the country moves closer to punitive military action against Syria for its alleged use of chemical weapons in a devastating attack on civilians.

The Australian dollar is lower due to growing expectations the US will launch a military strike against Syria.

Australia's two biggest exports, iron ore and gas, are facing renewed price pressure, a situation which is starting to be reflected in the exchange rate and which could precede a big fall in the Au

Australian shares are slightly higher despite concerns about a possible military response to Syria's unrest.

The Australian share market has opened lower after the United States' condemnation of chemical weapon attacks in Syria triggered sharp falls on Wall Street.

The Australian dollar is slightly lower after weak US economic data and worries over Syria pulled it in opposite directions overnight.

US stocks have closed sharply lower after Secretary of State John Kerry warned that the US will demand "accountability" after an "obscene" chemical weapons attack on Syrian civilians.

The Australian dollar edged higher in a quiet day of trade.At 1700 AEST on Monday, the local unit was trading at 90.38 US cents, up from 90.03 cents on Friday.

Automotive Holdings Group managing director Bronte Howson has sold two million shares in the company, raising a total of $7.76 million.

Australian shares finished higher as investors bought banking stocks in the absence of local drivers.

The Australian share market has opened higher after Wall Street made solid gains on Friday.

Gold prices have settled at their highest level in 11-weeks high after weaker US home sales data stoked hopes of sustained stimulus measures from the Federal Reserve.

The Australian dollar is a third of a US cent higher after the release of weak US housing data sparked concerns about the America's economic recovery.

US stocks scored solid gains to finish last week, with the market getting a jolt from Microsoft's announcement that chief executive Steve Ballmer will retire within the next 12 months.

The Australian share market has closed higher on the back of encouraging international data.

Shareholders have slammed as too lenient the $50,000 fine handed to former Gunns chairman John Gay for insider trading.

Crowdfunding is becoming more common as traditional forms of capital investment tighten.

The local share market has opened higher after solid gains on Wall Street overnight and encouraging Chinese manufacturing data.

The Australian dollar has been boosted by stronger-than-expected Chinese manufacturing data.

US stocks have managed solid gains despite a three-hour shutdown of the Nasdaq market that disrupted trade on other exchanges as well.

The Australian dollar fell to a two week low below 90 US cents as it looks increasingly likely the US Federal Reserve will soon start tapering its massive economic stimulus program.

Australian shares fell on Thursday as local investors followed offshore leads and sold riskier stocks, including those in resources companies.

A rising share market has lifted the full year profit of market operator ASX.The company made a net profit of $348 million in the year to June, up 2.7 per cent from the previous year.

The Australian share market has opened more than one per cent lower.

The Australian dollar is at a three-year low after some US Federal Reserve policy-makers said tapering should start soon, the minutes of their July meeting reveal.

US stocks have finished a choppy day lower after minutes from the Federal Reserve's last policy meeting gave no more clarity on the central bank's plans for its stimulus program.

The Australian dollar is slightly lower as investors wait on the release of the minutes of the US Federal Reserve's July policy meeting.

The Australian share market is higher as strong gains among the major banks offset falls by several major resources companies.