Financial Services

Australian stocks closed stronger, pushing above one per cent during the day but eased to around half a per cent higher by the finish.

The Australian share market is higher as another Wall Street record buoys mining and banking stocks.

The Australian share market closed higher on Friday, led by investors picking up cheaper mining stocks after heavy selling in recent days.

The Australian dollar has fallen to its lowest level in almost a year, with no signs the sell-off will be over any time soon.

The Australian share market closed higher on Friday, led by investors picking up cheaper mining stocks after heavy selling in recent days.

The Australian market finished lower as weaker commodity prices weighed on the nation's biggest mining stocks.

The Australian market has opened slightly higher despite falls in resources stocks.

The Australian dollar is slightly higher as the greenback's week-long rally stalled following the release weak New York State manufacturing data.

US stocks closed at new all-time highs following a choppy day of trading Wednesday as investors shrugged off more economic gloom from the eurozone.

The Australian market closed lower as the big miners fell on lower commodity prices and downgrades of Chinese growth forecasts.

The Australia dollar has fallen below 99 US cents, driven lower by growing investor demand for the US dollar and a negative response to Tuesday's federal budget.

Commonwealth Bank of Australia has lifted its third quarter profit by 12 per cent to $1.9 billion.

The Australian market has opened higher due to strong overseas leads and the falling Australian dollar.

The Australian dollar has opened below 99 cents as another rally on Wall Street boosted the greenback.

US stocks have surged to new all-time closing highs on renewed optimism after a prominent hedge fund manager said the stock rally of 2013 still has more room to go.

The Australian dollar is trading slightly below parity with the US dollar as commodities prices fell following weaker than expected Chinese data.

The Australian market has closed higher after a volatile day of trading due to the impending federal budget.

The Australian market has opened flat as gains for defensive stock offset losses for Westpac and Macquarie banks.

The Australian dollar is holding below parity with the US greenback following better-than-expected American retail sales data.

US stocks have traded largely flat under the shadow of poor Chinese economic data and a slight gain in US monthly retail sales.

National property developer Stockland says its earnings will drop because of the costs associated with changes to improve its performance.

The Australian share market has opened lower.

The Australian dollar is weaker after a weekend article in the Wall Street Journal convinced traders to snap up the US greenback.

US stocks overcame a choppy day of trading om Friday and closed at fresh all-time highs as Group of Seven finance chiefs met in Britain to discuss economic challenges.

The Australian dollar has stabilised after plunging over night, hurt by a big pre-dawn rally in the US dollar.

The Australian share market has closed at levels not seen in almost five years as a weakening domestic currency boosted the big miners.

ANZ bank has stepped up home loan competition among the major banks, becoming the first in 16 years to cut interest rates by more than the central bank's move.

There are even less inflation hurdles for the Reserve Bank of Australia (RBA) to cut the cash rate further, if need be.

The Australian market has opened higher despite weak offshore leads as the financial sector lifts local shares.

The Australian dollar has plummeted almost two US cents and could be on its way back below the 100-US cent mark for the first time in nearly a year.

US stocks fell on Thursday, as buyers took a breather after a slate of successive record closes.The Dow Jones Industrial Average fell 22.50 (0.15 per cent) to 15,082.62.

The Australian dollar is higher after strong employment figures made the possibility of another official interest rate cut less likely.