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 stockbroker who brought about the demise of Perth firm Hogan and Partners has pleaded guilty to fraudulent activity totalling more than $7 million.
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.
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.
Australia's business sector has weakened further in the last quarter of 2012, with a survey showing conditions slumping to their lowest point in more than three years, and lending finance up for th
US stocks closed flat on Monday as persistent fears about the looming "fiscal cliff" of spending cuts and tax hikes at year-end cast a cloud over encouraging China trade data.
Shares in global insurer QBE have fallen sharply after the company downgraded its earnings expectations in the wake of superstorm Sandy in the United States.
US stocks ended a roller-coaster week lower, hitting a big election-day rally Tuesday only to plunge after President Barack Obama defeated Republican challenger and Wall Street ally Mitt Romney.
Prime Minister Julia Gillard stands by forecasts for the budget to return to surplus but says she is concerned about the implications for the Australian economy from the "fiscal cliff" in the Unite
The settlement of a class action against the National Australia Bank relating to the bank's heavy losses over toxic subprime home loans in the United States sends an important message to corporatio
US stocks have sunk in a second day of losses following President Barack Obama's re-election victory, trimming another one per cent after Wednesday's huge rout.
The Australian dollar is half a US cent lower despite better than expected local jobs numbers, as negative market sentiment took hold after the re-election of US President Barack Obama.