Financial Services

Australian stocks closed lower on Monday, adding to a string of losses notched up last week.

Australian stocks have opened weaker, with David Jones among the worst performers after the department store chain posted a decline in third quarter sales.

The Australian dollar has continued to fall due to investor caution and falls in commodity prices.

The 7.3 per cent plunge in Japanese stocks during last week injected needed sobriety into US markets, but they showed a resilience that cheered investors worried about protecting the year's gains.

The Australian dollar has finished the day higher, despite falling back from its earlier highs amid uncertainty about the future of the US Federal Reserve's stimulus program.

The Australian stock market has tumbled to a five-week low, with $26 billion wiped from the value of the bourse.

Australian shares are a little weaker as the market follows Wall street into negative territory.

The Australian dollar has fallen to its lowest level in almost a year following further gains in its US counterpart and disappointing Chinese manufacturing figures.

Australian stocks suffered their biggest one-day fall in two months as more than $32 billion was wiped from the value of the bourse.

The Australian share market has opened lower after comments the US Federal Reserve overnight suggested stimulus activity there may soon be eased.

The Australian dollar has dropped back below 98 US cents following disappointing consumer sentiment figures.

Australian stocks closed lower for a second consecutive day, dragged down by the banks and a surprisingly poor consumer sentiment report.

The Reserve Bank of Australia says a softer-than-expected inflation outlook allowed it to cut the cash rate to a record low, as it tries to boost underperforming sectors or the economy.

The Australian market has closed around half a per cent lower, dragged down by weakness among the banks and industrial stocks.

The Australian dollar has pushed back above 98 US cents amid weakness in its US counterpart.

Share ownership among adult Australians declined from 43 per cent to 38 per cent during the past two years, a 2012 Australian Securities Exchange study shows.

The Australian dollar is slightly firmer on Monday, after spending most of the past week in a downward spiral.

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.

IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo

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.