The Australian share market market has opened flat as investors await the release of the Reserve Bank's interest rate decision and news from Greece and local earnings reports.
Miners dragged Britain's top share index lower on Monday, after doubt surfaced about Glencore's potential merger with Xstrata, while banks waned in the absence of a debt deal for Greece.
The Australian dollar is slightly higher, reflecting positive US jobs data.At 0705 AEDT, the Australian dollar was trading at 107.27 US cents, up from 106.88 cents on Friday afternoon.
A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recove
Five small and mid-cap miners including Papillon Resources, Coalspur and Condoto Platinum have raised a total of $39 million in new capital to support operations that stretch from West Africa to Ca
Westpac boss Gail Kelly became the latest bank executive to try to soften up the public to the prospect of banks not passing on the central bank's expected interest rate cuts next week.
US stocks have ended the session mixed after weekly jobless claims fell, but Federal Reserve chief Ben Bernanke told congress the jobs market had a long road to recovery.
A renewed appetite for more riskier currencies, sparked by encouraging manufacturing data in Germany, the US and China, took the Australian dollar to a fresh three-month high.
Corporate finance deals launched or completed in Western Australia during 2011 were worth a whopping $59.8 billion, a survey by WA Business News has found.
A mortgage specialist is urging borrowers to hunt around for a better home loan deal if their lender does not pass on official interest rate cuts in full, as the banking industry tries to explain h
Australia's richest person, billionaire Gina Rinehart, is also the richest woman in Asia and on the way to becoming the richest woman in the world, according to Forbes' latest rich list.
The Australian dollar rose to a three-month high as the cost of borrowing for European governments falls and after the release of good manufacturing data from Europe and China.
Australian shares ended lower for the third straight day as brokers took profits ahead of the reporting season and after one of the best monthly starts to the calendar year in around 40 years.
More than 10,000 angry St George and Bank SA customers are trying to recoup bank fees after joining the largest collective action in Australian legal history.
Australian shares gave up earlier gains to end lower as renewed investor concerns about the European debt crisis took the steam out of a retailer-driven rally.
Two-thirds of Australians are expecting an interest rate cut when the Reserve Bank of Australia board meets on February 7, with some anticipating a large 50 basis points reduction.
