Financial Services

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.

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

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

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.

Commonwealth Bank is free to seize control of independent mortgage provider Aussie Home Loans after the competition watchdog gave its blessing to the deal.

 Australian stocks have opened firmer, with the big retail banks and major energy companies leading the broader market higher.

US stocks have recorded solid gains as the Federal Reserve held steady on its policy of economic stimulus.

West Africa-focused Papillon Resources has successfully raised $52.9 million through an institutional placement, with proceeds to fast track the development of its Fekola gold project.

The recovering property sector in Western Australia has helped to drive credit union Community CPS Australia to a $13.1 million first-half net profit.

Australian stocks have opened 0.75 per cent weaker, with the big miners leading the broader market lower.

 US stocks closed mixed on Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system.

The Australian dollar is higher after the currency recovered from yesterday's fall, while taking a string of public comments from the Reserve Bank of Australia in its stride.

Australian stocks have closed lower for a second straight day after giving up early gains during afternoon trading.

The Australian share market has opened higher amid views that investors over-reacted to Europe's debt problems with heavy sell-offs yesterday.

The twin villains of Australian businesses in recent years - the high dollar and increased household savings - have saved the economy from overheating and spared consumers from outsized price hikes

US stocks have fallen for a second straight day as the Cyprus banking crisis sent jitters through markets.

The Australian dollar has closed flat, with the currency finding support despite fresh jitters from Europe stemming from a proposed Cyprus deposit levy.