Financial Services

US stocks have pushed to new record highs, bolstered by solid US manufacturing orders and strong results from US carmakers.

The Australian dollar drifted higher during the local session, helped by a weaker US counterpart and the central bank's decision to keep the cash rate on hold.

The Australian share market closed slightly higher due to strength among financial stocks..

The Reserve Bank of Australia has left its official cash rate unchanged at 3 per cent at its April board meeting.

Australian stocks have opened firmer, with the big supermarket chains and energy companies leading the broader market higher.

US stocks retreated on Monday, weakened by mediocre manufacturing data and cautious sentiment after last week's record highs.

The Australian dollar is almost half of a US cent lower amid nervousness about what will happen with banks in Cyprus and the Italian government over the Easter weekend.

Australian stocks closed about half a per cent lower as the big resources companies dragged the market down following falls in China

Shadow treasurer Joe Hockey says current low interest rates are a "temporary feature" of the Australian economy.

Australian stocks have opened down about 0.4 per cent, with the big retail banks and energy sector leading the broader market lower.

US stocks mostly fell on Wednesday amid renewed anxiety over the eurozone as Cyprus moves to implement the EU-IMF rescue plan.

The Australian share market closed almost one per cent higher as investors took their cues from positive news in the US.

In its role as overseer of financial stability, it's the Reserve Bank of Australia's job to keep a sharp eye out for things that could go wrong.

Australian stocks have opened firmer, with a recovery among the big miners leading the broader market higher.

 US stocks surged higher on Tuesday as favourable sentiment towards equities more than compensated for a mixed bag of economic indicators.

The Australian dollar is slightly higher as uncertainty in the euro zone helped support the local currency.

Changes to global bank regulations have been more difficult than anticipated, with only Australia and 10 other jurisdictions so far adopting key parts of the reforms.

The Australian share market has closed lower as markets worldwide were spooked by comments by the Dutch finance minister over the Cyprus bailout.

Cash Converters has obtained $60 million from Westpac Bank that the second hand dealer and short-term loan provider will use to grow its personal loan book.

The Australian share market has opened lower over renewed jitters about the euro zone, following a bailout deal for Cyprus.

US stocks have tumbled after a top European finance official suggested the Cyprus bailout framework could serve as a template for other European bank crises.

Australian stocks closed higher led by the major banks as Cyprus struck a bailout deadline-day deal with the European Central Bank.

The Australian share market has opened higher as investors await the outcome of talks over Cyprus's debt bailout.

The talk on Wall Street shifted last week from the pursuit of record highs to the future of the eurozone after the Cyprus banking crisis took centre stage.

Cedar Woods director Robert Brown has sold off just over $4.7 million shares in the company.

 Australian shares closed slightly higher after solid gains for the major banks offset weak overseas leads.

Former premier-turned lobbyist Brian Burke has appeared in court again, to face four charges related to insider trading.

The Australian market has opened lower as the European Central Bank sets a deadline for its Cyprus bailout.

The Australian dollar has risen to a six-week high following the release of strong economic data from China.

US stocks have closed lower on uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.

Investor Craig Burton and Navitas executive Scott Jones have backed a restructurting at Verus Investments, which has announced a capital raising and a new managing director to support its oil &

The Australian share market has closed lower after being buffeted by speculation over the Labor leadership.