The Australian dollar rose to a fresh six-month high and is set for more gains after the central bank surprised the markets by keeping interest rates on hold.
The value of Western Australian listed companies rose by 9.6 per cent in January, as Australian markets continue to mirror commodities, new research says.
Macquarie Group plans to cut 10 per cent of its investment banking jobs and fears its full year profit will plunge as difficult trading conditions take their toll.
Australian shares closed weaker after the central bank unexpectedly kept interest rates on hold and the National Australia Bank and Macquarie Group posted results that disappointed the market.
The building and construction industry and retailers have expressed disappointment with the Reserve Bank of Australia's decision to keep interest rates on hold today, saying the nation's centr
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.
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 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.
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.
