The Australian share market made modest gains in opening trade thanks to a positive lead from Wall Street and as investors await more developments in Europe's debt crisis.
US stocks have managed to eke out moderate gains in choppy trade as investors weighed stronger-than-expected growth in the crucial services sector and Europe's long-running financial crisis.
The Australian dollar is more than one US cent higher after the central bank delivered a smaller than expected interest rate cut and G7 finance ministers called an emergency meeting on Europe's deb
Australian shares closed higher, clawing back a large part of Monday's losses, after the central bank cut official interest rates to their lowest level since the global financial crisis.
The Australian share market opened slightly higher, with most sectors posting gains as investors await the Reserve Bank of Australia's (RBA) latest interest rate decision.
Bankwest has agreed to make changes to recent advertising for its Breeze MasterCard after ASIC raised concerns that the advertisements were misleading or likely to mislead.
The Australian share market plunged 1.75 per cent in opening trade to its lowest level since November after Wall Street suffered its worst day of 2012 and fell into bear market territory.
The Australia dollar fell to a fresh six-month low following the release of weaker Chinese manufacturing data but regained some ground later in the day.
Australian stocks have closed lower for a third straight session as weak economic data from offshore prompted investors to abandon resources-linked sectors of the market.
The Australian share market suffered falls in opening trade, driven by weaker materials stocks, aggressive short selling of the top 50 stocks and a soft lead from Wall Street.
Stumbling Facebook shares got a shot of adrenalin Thursday and pushed five per cent higher as US stocks traded lower Thursday on dull jobs and economic growth data.
The Australian share market remained in the red by noon on fresh concerns over Europe's debt crisis, with consumer staples stocks bucking the downward trend.
The Australian economy is robust enough to withstand current global uncertainty, but not immune, Treasury boss Martin Parkinson has told a Senate hearing.
The Australian share market has tumbled more than one per cent in opening trade as fresh worries over Europe's debt crisis led to heavy falls on US and European bourses.
The Australian share market has closed lower in the wake of weak retail trade data, reports that China's government may not stimulate economic growth as much as hoped for, and continued worries abo
The Australian share market has opened lower as investors digest reports that China's government may not repeat its massive 2008 stimulus package to boost economic growth.
US stocks have risen more than one per cent, helped by hopes that China will launch a stimulus program and signs that Greece's elections might push through a euro-friendly government.
The Australian dollar marked time today, despite data showing house sales on the mend and as investor sentiment towards the European debt crisis improved.
The Australian share market has closed higher, boosted by opinion polls suggesting a victory for pro-austerity conservatives in next month's Greek election.
Most European stock markets have fallen on bank strains in Spain, but avoided a deep slump after opinion polls pointed to a win for pro-austerity conservatives in the upcoming Greek election.
Mining magnate Gina Rinehart is believed to have lifted her stake in Fairfax Media, and questioned the abilities of the company's chairman Roger Corbett in the process.
