Financial Services

Equity market operator ASX Ltd says global economic uncertainty has kept trading levels subdued so far in 2012/13.

Bank of Queensland is poised to post the first full year loss by an Australian bank in 20 years because of its exposure to the struggling south-east Queensland property market.

Australian shares have opened higher due to strong gains in the resources and financial sectors.

A class action brought by Australian lawyers has compelled seven New York bankers to answer shareholders' questions about massive losses incurred by the National Australia Bank during the global fi

US stocks have extended their gains, with some analysts crediting Mitt Romney's strong presidential debate performance against Barack Obama for the surge.

The Australian dollar has lifted from its one month lows after several days of falls, despite being weighed down by weak retail sales data.

Australian shares have closed slightly higher, as falls in some mining shares canceled out gains made in the financial sector.

ANZ Banking Group will spend up to $1.5 billion on new mobile banking apps and upgrades of its branches as it looks to attract more customers.

Australian stocks have opened firmer, with the financial sector leading the broader market higher.

The Australian dollar is slightly higher after a significant fall in recent days on weak trade data and monetary easing from the Reserve Bank of Australia.

Hewlett Packard shares have plunged on concerns about the company's turnaround strategy but the markets overall closed higher, helped by firm reports on services sector growth and private hiring.

The Australian dollar has fallen to a one-month low following the release of weak domestic trade data and may be on its way back to parity with its US counterpart.

Federal political leaders are urging retail banks to pass on the latest official interest rate cut in full, as new economic data justifies the central bank's surprise decision at its monthly board

The Australian share market has closed at its highest level in more than 14 months despite enduring a flat day of trading.

First home buyers are locking in more fixed rate home loans than they were four years ago as arrears rates continue to improve.

Opposition Leader Tony Abbott says the federal government must ensure the central bank's latest interest rate cut is passed on in full by the retail banks.

Australian stocks have opened firmer, extending gains from the previous day in response to the Reserve Bank of Australia's interest rate cut.

US stocks closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure.

The Australian dollar has dropped to a three-week low after the central bank surprised economists with an interest rate cut.

Australia's big four banks are facing mounting pressure to slash their interest rates after the central bank delivered its fifth cash rate cut in 12 months.

The Australian share market finished one per cent higher as investors piled into equities after the Reserve Bank of Australia cut the cash rate by a quarter of a percentage point.

Borrowers will be raising their glasses to the Reserve Bank of Australia after the central bank delivered its fifth interest rate cut in 12 months.

Business trading conditions have hit the weakest level in 14 years, prompting calls for 50 basis points worth of interest rate cuts before Christmas.

The Australian share market has opened higher after gains on overseas markets.

US stocks opened the fourth quarter on Monday with a solid jump propelled by an unexpected positive reading on manufacturing sector activity in September.

The Australian dollar is higher, on improved sentiment, and ahead of a meeting of the Reserve Bank of Australia board next week.

Western Australia’s biggest local stockbroker Patersons Securities has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million after revenue slumped 28 per ce

Australian shares closed down for the week and had a almost flat day, with investors cautious after the Spanish government unveiled budget plans to slash its deficit.

ANZ has been fined $US350,000 ($A336,619) by commodity regulators in the United States over its handling of wheat and cotton futures contracts.

Homeowners can bank on at least one interest rate cut by the end of the year, and it's possible it could come on Tuesday.

The Australian share market has opened lower.

US stock markets scored solid gains on Thursday amid speculation of additional stimulus measures from China and after Spain announced a 2013 austerity budget.