Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth.
The Dow Jones Industrial Average and S&P 500 have vaulted to new records, after Federal Reserve chairman Ben Bernanke pledged to maintain the Fed's easy-money policy for the foreseeable future.
The Australian dollar is higher after the US Federal Reserve chairman eased concerns about the tapering of the central bank's economic stimulus program.
Australian stocks shot up by 1.3 per cent, with investors cheering comments out of the US that money would continue to be pumped into the world's largest economy.
Australian stocks are higher after US Federal Reserve chairman Ben Bernanke indicated stimulus measures would remain in place for the forseeable future.
US stocks ended mixed on Wednesday after the minutes of the Federal Reserve's last policy meeting suggested it could end its QE stimulus program by the end of the year.
The Australian dollar is weaker as traders overlook the International Monetary Fund's forecast that Australia's biggest trading partner China faces a prolonged growth slowdown.
US stocks have closed solidly higher for the fourth straight day as investors ignored the International Monetary Fund's lowered growth forecasts for the US and global economies.
Australian shares shot up in what market watchers hope is a sign investors are over their jitters caused by the US flagging a cut to its stimulus program.
Stockbroking firm Euroz has lodged a net profit of $6.3 million, just over half of its net profit in the previous year, after enduring what it described as extremely challenging conditions in equit
US stocks have ended higher as investors look forward to the kickoff of earnings season.The Dow Jones Industrial Average rose 88.85 (0.59 per cent) to 15,224.69.
The corporate watchdog will monitor analysts' briefings during the upcoming reporting season after launching an investigation into Newcrest Mining's disclosure of a $6 billion writedown.
The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback.
The Australian share market rose by more than 19 per cent from November 2012 to May 2013, before giving back 11.1 per cent in the subsequent six weeks.
The Australian dollar is higher after the Bank of England and the European Central Bank pledged to keep their interest rates low for an extended period to support growth.
European shares prices have rallied and the euro has plummeted against the US dollar after the eurozone and British central banks signalled that easy-money policies to stimulate growth will continu
Australian shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies.
Prominent Perth business identity John Garland has officially launched a new investment fund aimed at international entrepreneurs and business people keen to move to Australia.
