Financial Services

The Australian dollar has closed weaker, in line with a falling euro, after European finance ministers failed to agree on a rescue plan for Greece.

The Australian share market has closed lower, with investors unimpressed following a decision by European finance chiefs to delay a decision on fresh help for debt-laden Greece.

Australian stocks are weaker, with falls among the major resources-linked sectors leading the broader market lower.

US stocks have closed near breakeven, clawing back from losses after Hewlett-Packard reported a huge charge for an acquisition, offsetting fresh data signaling recovery in the housing market.

The Australian dollar is higher on improved sentiment around fiscal challenges faced by the US and Europe.

Australian stocks closed firmer amid optimism about the US tackling its deficit problems but underperformed offshore leads out of America and Europe.

The likely inclusion of the Australian dollar in an obscure survey of central bank holdings of foreign exchange has been hailed as a feather in the currency's cap.

 The Reserve Bank of Australia says further rate cuts could be considered in coming months.

Australian stocks are firmer, with gains in the resources sectors leading the broader market higher.

US stocks have surged on upbeat housing data and hopes that politicians will find a way to avoid the so-called "fiscal cliff" of automatic tax hikes and spending cuts in January.

The Australian dollar has closed higher after hitting a seven-month high against the Japanese yen during local trading.

The Australian market closed higher after investors received a glimmer of hope that US politicians may be able to negotiate to avoid falling off the "fiscal cliff".

The Australian market opened higher on fresh hopes that US political leaders may work together to avoid sending the economy off the fiscal cliff.

US stocks have remained locked in a six-week slide under clouds from the global and domestic economy and worries that more political infighting will send the country over the fiscal cliff.

Hartleys, Argonaut Securities and Amscot Stockbroking have been honoured as Perth’s top broking and advisory firms at the inaugural Western Australian Capital Markets Awards.

The Australian dollar is lower amid negative sentiment from the US and Europe and concerns over the growing conflict in Israel.

The head of Cash Converters says a "first strike" delivered against the company's pay report on Friday is peculiar, given that shareholders approved executive share bonuses two years ago.

The Australian share market closed lower as the global picture became more uncertain following negative leads from Europe and the United States.

The Australian dollar is overvalued by as much as 10 US cents and is likely to stay that way for the next couple of years.

The Australian share market has opened flat with investors appearing cautious due to negative leads out of Europe and the US.

The International Monetary Fund has given the Australian economy a "big tick" in a new assessment, Treasurer Wayne Swan says.

US stocks zig-zagged around the break-even line in volatile trade on Thursday before ending slightly lower, pulled down in part by Walmart's disappointing earnings.

The Australian dollar has followed global share markets lower to finish the day down almost one US cent.

The stockbroker who brought about the demise of Perth firm Hogan and Partners has pleaded guilty to fraudulent activity totalling more than $7 million.

The Australian stock market closed almost one per cent lower following steep falls on Wall Street.

The Australian market is more than three-quarters of a per cent lower after Wall Street plunged overnight.

Qantas Airways will spend $100 million to buy back about four per cent of its issued stocks in a move to strengthen its dwindling share price.

US stocks tumbled on Wednesday as President Barack Obama challenged Republicans to accept tax increases for the wealthy in a deal to avert the year-end fiscal cliff.

The Australian dollar is almost half a US cent higher on improved consumer sentiment and weakness in the greenback.

The Australian market ended a four-day run of losses to close higher, driven by large financial sector stocks.

The Australian market was flat in early trade in the absence of any clear offshore leads.

US stocks closed lower on Tuesday as worries about Greece's debt crisis and the US "fiscal cliff" took the shine off strong quarterly results from home-improvement giant Home Depot.