Financial Services

The Australian dollar has hit a one-week high, getting a boost from the rising gold price and a good performance on Asian share markets.

Another day of soaring gold and commodity prices has helped the Australian share market close higher.

The corporate regulator is looking at a proposal to relieve greyhound racing and breeding syndicates from Corporations Act provisions which may be too onerous for the small-scale nature of these in

A rise in the gold price has delivered resources stocks a boost and helped to lift the local sharemarket.

The Australian dollar is higher after gold prices soared and weaker-than-expected American home sales figures put downward pressure on its US counterpart.

US stocks have ended higher after a series of mediocre earnings reports limited buying enthusiasm.

The Australian share market closed at its highest levels in two months due to strong gains in the mining and energy sectors.

The head of West Perth-headquartered AFG has moved to quash rumours regarding the possible sale of the mortgage broker by offering a $10,000 reward for a successful defamation case against the pers

Australian stocks have opened stronger following news China will lift controls on lending interest rates.

The Australian dollar has gained some ground after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them.

US stocks ended mixed on Friday after strong earnings from some industrial companies were countered by feeble results from Microsoft and other technology companies.

The Australian share market has ended the week with a fall as negative sentiment across Asia prompted a selloff in local resources stocks.

Billabong is facing a challenge to its recapitalisation deal with private equity firm Altamont from two US hedge funds seeking to strike their own deal with the troubled surfwear retailer.

Analytical testing services group ALS has raised $112 million from institutional investors as it seeks to complete the funding for its takeover of two businesses.

Shares in explosives and mining industry supplier Orica have tumbled after it reduced it full-year profit guidance by 10 per cent.

Santos has cut its production forecasts, but higher gas prices have helped boost the energy company's revenue.

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

The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher.

Investors who kept their money in Australia's top blue chip stocks enjoyed great returns in the 2012-13 financial year.

Ship builder and defence contractor Austal has upgraded its after-tax profit guidance for the 2012-2013 financial year to between $35 million and $40 million.

Seven years ago, Western Australia's poster boy for entrepreneurship had a wake-up call – shares in the company Michael Malone had created from a standing start in his parents' garage were tum

Energy giant Woodside Petroleum has suffered a fall in sales revenue due to the temporary closure of one of its facilities.

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

The Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker.

Perth based mineral sands miner MZI Resources announced today that Argonaut Capital has agreed to underwrite the company's $3 million share purchase plan.

Chinese overseas investment leapt 29 per cent to $US45.6 billion ($A49.62 billion) in the first half of 2013, with major increases in the Australian and US markets. Data from China's commerce ministry on Wednesday shows overseas investment increased significantly in the period, with money flowing into Australia up 93 per cent from last year.

Australian shares have closed slightly higher, boosted by gains from resource companies on the back of record production results from mining heavyweight Rio Tinto.

The Reserve Bank says another interest rate cut could be on the cards thanks to a benign inflation outlook.

The Australian stock market is higher, following Wall Street's lead after the Dow Jones Industrial Average and S&P 500 both reached fresh record highs for the third session in a row.

The tax office is set to target builders and sales and marketing managers over incorrect work-related expense claims this year.

Encouraging signs for the housing sector have driven a rise in banking shares, which pushed the market to a fifth straight day of gains.

Minotaur Exploration has announced an agreed takeover offer for Perth-based Breakaway Resources and the establishment of two new joint ventures to fund exploration of Breakaway's tenements.