Financial Services

The chances of more interest rate cuts have improved after home loan approvals fell in January.

The Australian share market has opened 0.4 per cent lower as the recent good run by global markets shows signs of fizzling out.

National Australia Bank plans to save about $800 million a year from new changes to its business that include a major reshuffle of its senior managers.

US stocks closed mostly lower on Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings.

The Australian share market finished lower due to falls in the resources sector.

The Australian share market has opened slightly stronger after US markets continued to climb to new highs.

 The Australian dollar is more than half a US cent higher following gains on the New York stock market.

US stocks brushed off an early move toward a correction and added to the bull run, with the Dow setting a fresh record for the fifth straight day.

The Australian dollar has closed lower, drifting back towards 102 US cents as global markets poured back into the US dollar after a positive US jobs report.

The Australian share market finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US.

The Reserve Bank of Australia's computer systems have fallen victim to cyber hacking in at least two highly sophisticated online attacks.

The Australian share market has opened relatively flat as investors weigh up encouraging jobs data from the United States against disappointing economic figures from China.

The Dow Jones Industrial Average set a fresh record for the fourth straight session on Friday helped by solid jobs data that was nonetheless seen unlikely to move the Fed to tighten monetary policy

The Australian dollar is almost unchanged ahead of the release of key US employment data.

The Australian share market closed higher, boosted by mining stocks after the release of a bumper trade report in China.

Australian firms are unlikely to get any relief from the relentless strength of the local dollar any time soon, particularly if overseas central banks keep pursuing policies that deflate their own

Banks have rejected calls for a new tax on the industry, saying the move would hurt retirees and small businesses.

Australian shares remain near four-and-a-half year highs, pushed up by a fifth straight day of gains on Wall Street.

Growing investor enthusiasm for equities in the wake of this week's records pushed US markets higher again on Thursday.

Cash Converters International managing director Peter Cumins has today sold $2.57 million worth of shares in the company he and his brother Brian Cumins helped build.

The Australian dollar spent the day trading lower after better than expected US employment figures boosted the greenback.

ANZ has cut another 50 jobs, this time reducing staff in its institutional and international banking operations.

The Australian share market has finished lower, despite some resilience in the resources and materials sector.

Western Australian listed companies have shrugged off mixed commodity price moves to gain value in February, according to new research.

 Australian stocks have opened firmer with mining companies leading the way.

The Dow pushed to fresh highs on Wednesday one day after notching an all-time record, even as the Federal Reserve said economic growth continued at a dull pace.

Australian shares have closed at new four and a half year highs as local investors joined the global buying spree.

The City of Swan has recovered some of the funds invested in collapsed investment bank Lehman Brothers Australia.

The Australian market was hovering around four-and-a-half year highs at open after Wall Street soared to a record high.

The Dow Jones Industrial Average soared to an all-time record high on Tuesday, passing the five-year-old mark to leave behind the deep losses of the economic crisis.

The Australian dollar rose to its highest level in almost a week after the central bank decided not to cut its cash rate.

The Australian market closed higher after news that Australian retailers recorded their strongest January sales growth in six years led to gains for discretionary retail stocks.