US stock market turned a weak jobs report into positive news on Friday, ending higher on expectations that the data will lead to new Federal Reserve efforts to help the economy.
The Australian dollar closed almost a full US cent higher after the European Central Bank (ECB) revealed a plan to support the region's weaker economies.
Australian shares finished stronger, after global bourses reacted favourably to the European Central Bank's new plan to help ailing eurozone countries.
The value of Western Australia’s listed companies was largely flat in August, despite growing concerns regarding the health of the energy and resources sector, new research says.
Treasurer Wayne Swan has applauded the European Central Bank's plan for a massive European sovereign bond buy-up to stabilise markets as another step to putting the zone on a sustainable footing.
The Australian dollar has pushed more than half a US cent higher after Europe's central bank unveiled a massive bond-buying program to help alleviate the euro zone's sovereign debt crisis.
US stocks have surged to new multi-year highs, helped by positive economic data and the European Central Bank's (ECB) new plan to help ailing eurozone countries in the bond market.
The Australian share market has closed higher on the back of positive corporate news and jobs figures, and hopes for a resolution to Europe's debt crisis.
US stocks have closed essentially flat on the eve of a crucial European Central Bank (ECB) policy meeting amid hopes for action to stem eurozone financial turmoil.
The Australian sharemarket has opened more than three-quarters of a per cent lower after data showed that US manufacturing had contracted for the third straight month.
Concerns about the global economy have prompted the Australian dollar to fall more than half a US cent, reversing its rally following the Australian reserve bank's decision to keep the official int
US stocks have closed mixed after a key report showed the third straight monthly contraction in the manufacturing sector, a key engine behind the economy's still-sluggish recovery.
The Australian dollar has climbed closer to 103 US cents after the central bank suggested interest rates could remain unchanged for the remainder of the year.
Police & Nurses Mutual Banking says it is confident of growth in 2013 despite lodging a dip in profit in difficult trading conditions over the 2012 financial yaer.
Europe's main stock markets have risen amid growing hopes the European Central Bank could unveil a bond-buying program later this week, while investors digested poor manufacturing data.
Australian stocks have opened weaker, as disappointing Chinese economic data and a slew of companies that started trading without a dividend pushed the market lower.
US stock markets got a good bump on Friday from Federal Reserve Chairman Ben Bernanke's much-awaited endorsement of more stimulus action, but still ended lower on a week of lacklustre end-of-summer
