Financial Services

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.

The Australian dollar has risen by more than half a US cent after the Chinese central bank made its biggest weekly cash injection into money markets.

Australian shares have closed higher, after an announcement of an economic stimulus program by the Chinese central bank boosted local market confidence.

Australia's banknotes are set for a high-tech upgrade but the Queen's place on the $5 bill is safe.

Australian stocks have opened weaker for the fourth successive day as concerns that Spain could seek a bail-out hit resource equities.

The Australian dollar has bounced back after falling to its lowest level in more than two weeks on renewed concerns about the euro zone sovereign debt crisis.

US stocks have sunk following the lead of Asian and European markets amid a rise in turmoil in the eurozone.

The Australian dollar has fallen below 104 US cents on the back of weak regional stock markets and a lack of positive economic news.

Australian stocks have closed lower as worries about global growth and skepticism about the latest efforts to revive the US economy succeeding prompted local investors to seek refuge away from the

Australian stocks have opened lower after falls on Wall Street and losses for the mining giants.

A Federal Reserve official's doubts about the impact of the QE3 stimulus pulled the rug from under US stock markets Tuesday, sending them lower after strong early gains.

Australian shares closed lower, dragged down by resources stocks, with investors responding to commodity price falls and Europe worries.

Australia's banking system has been given its semi-annual tick of approval but the central bank is keeping a watchful eye on potential longer-term risks.

Australian stocks have opened slightly weaker, with concerns over Germany's business confidence and euro zone debt weighs down investor sentiment.

A sharp fall by Facebook and weakness in Apple's shares despite the strong iPhone 5 launch have helped pull US markets lower.

The Australian dollar has fallen by half a US cent amid talk of more interest rate cuts by the central bank.

Australian shares started the week lower with weaker commodity prices contributing to big falls in mining stocks.

National Australia Bank has joined its rival ANZ in bringing forward to November its prediction of when the Reserve Bank will next cut the cash rate.

The federal government has reported a slightly smaller-than-forecast budget deficit for 2011/12, helped by higher individual tax receipts and lower outgoings.

Australian stocks have opened weaker, with the mining-related sectors leading the broader market lower.

US stocks are showing clear signs of frailty as investors grow increasingly worried about slowing economic growth and corporate earnings.

The Australian dollar has staged a surprising rebound, courtesy of its weaker US counterpart.

A Federal Court judge has ruled in favour of a group of 72 councils, charities and churches, including the City of Swan, holding investment bank Lehman Brothers liable for millions of dollars

Australian shares have closed firmer, with gains underpinned by strength in the financial sector.

United Community Credit Union has tipped a housing recovery to gather pace over the next 12 months in Western Australia, after its parent company, Community CPS Australia, announced a net profit of

The International Monetary Fund has given the Australian economy a resounding vote of confidence and endorsed a return to surplus, Treasurer Wayne Swan says.