US Federal Reserve Chairman Ben Bernanke has rejected arguments that the Fed's bold moves to bolster American job growth could have unwanted consequences in emerging markets.
Powered by extra-cheap money and rising company profits for months, US investors have turned cool this week as the third quarter earnings season opened amid glum analyst predictions.
ANZ Banking Group has joined most other lenders, including the major banks, in not passing on the central bank's recent cash rate reduction in full, after cutting its standard variable rate on hom
US stocks have closed little changed after a solid rally sparked by surprisingly good data on weekly jobless claims fizzled out, in part due to questions over the figures.
Hartleys has reported a significant drop in revenue and a huge reduction in profit from its bumper 2011 result, but the stockbroker nonetheless remained well in the black, lodging a net profit of $
The Australian share market has closed marginally lower as investors consider the chances of more interest rate cuts in the wake of the latest unemployment figures.
US stocks have closed lower amid investor caution after Alcoa said that China's economic slowdown was hitting aluminum consumption and Chevron slashed its earnings outlook.
Some of the public anger directed at Australian banks is justified and the only way to counter this is to treat customers well, Bendigo and Adelaide Bank says.
The Australian share market has opened lower after world markets fell on a downgrading of world economic growth forecasts and expectations of weak earnings from US companies.
US stocks have skidded after the IMF cut its global economic growth forecasts and investors braced for the start of a poor third-quarter earnings season.
The Australian share market has closed above the 4500 level for the first time in 14 months.Energy and Resources stocks drove the gains on the back of positive price action in Asia.
US stocks have followed European and Asian markets lower, giving up some of last week's solid gains ahead of the third quarter earnings reporting season.
A 2009 investigation by accounting firm KPMG into note-maker Securency discovered material that indicated an employee had raised concerns over possible corrupt payments two years earlier, a parliam
Bankwest is one of nine lenders in Australia that have not passed on the full 25 basis point cut to their standard variable home loan rates since the Reserve Bank dropped the official cash rat
The Australian share market has opened flat following a lacklustre lead from the US on Friday despite employment figures coming in better than expected.
Negativity about the Australian economy has pushed the Australian dollar to a three-month low, despite the release of better than expected US jobs data.
US stocks sustained their push upward on Friday, capping the week with the Dow hitting its best level since December 10, 2007, as high liquidity and ultra-low interest rates fuel an appetite for ri
The Australian share market posted gains for a seventh consecutive day on Friday but unlike the rest of the week was led by cyclical mining stocks instead of high yielding banks.
Westpac, the Commonwealth Bank and National Australia Bank have cut their variable home loan rates but failed to match that of the Reserve Bank, citing the high costs of deposits.
