Financial Services

The Australian dollar hit its lowest level in almost two weeks following the release of disappointing Chinese trade figures.

US markets have sagged ahead of the take-off of first-quarter-earnings season, with traders hedging their bets after last week's solid gains.

Disappointing Chinese trade numbers have dented big mining stocks and caused the share market to retreat from its brush with seven year highs.

Freezing Western Australia's GST share for one year is better than nothing but still grossly inadequate, state Treasurer Mike Nahan says.

The Australian share market has opened higher.

The Australian dollar is lower, coming under pressure from a stronger US dollar and the release of weaker local housing data last week.

The share market has closed higher as weaker than expected figures on home lending renewed expectations of an interest rate cut.

Pioneer Credit has taken a 14.1 per cent stake in Kalgoorlie-based financial institution Goldfields Money for $2.3 million as the two companies make plans for a joint working relationship.

The Australian share market has opened slightly higher after solid gains on Wall Street overnight.

Gold retreated for a third straight session on Thursday on a stronger dollar after comments from US Federal Reserve officials kept alive expectations for an interest rate rise some time this year d

The Australian dollar is slightly lower after the US dollar rallied on the back of strong US jobs data.

Big gains in petroleum stocks have lifted the US equity market as investors bet on more large energy mergers following Royal Dutch Shell's takeover of BG Group.

The share market has finished weaker for the first time since April Fool's Day as the big miners took a hit.

The Australian stock market is flat with energy stocks weaker on heavy oil price falls.

The Australian dollar is slightly higher after the US central bank failed to give a clear indication on when it will raise its interest rate.

US stocks have risen as a big Royal Dutch Shell acquisition and a large potential pharma deal offset concerns about earnings season and US monetary policy.

The share market has been boosted by stronger iron ore and crude oil prices.

Lawyers suing Australia's banks over hundreds of millions of dollars in excessive fees have vowed to go to the High Court after a landmark win against ANZ Banking Group was overturned.

RNI shares lost more than a fifth of their value after the company announced its financing deal with a London-based fixed interest fund had fallen through.

The Australian share market has opened higher.

The Australian dollar is lower after briefly hitting a one-week high on the back of the Reserve Bank's decision to keep the cash rate unchanged.

US stocks have finished modestly lower as cautious sentiment about earnings season offset major deals involving FedEx and Informatica.

The share market has given up most of the strong gains made in morning trade after the Reserve Bank kept the cash rate on hold.

The Reserve Bank of Australia has held fire once again but economists say another interest rate cut is definitely on the way.

The Australian share market has opened nearly one per cent higher.

The Australian dollar is slightly higher after disappointing US employment figures eased speculation of an interest rate rise by the Federal Reserve.

Wall Street stocks have risen on easing concerns about Federal Reserve interest rate increases and as petroleum-linked equities surged on higher oil prices.

The share market has closed higher as prices for commodities such as gold and copper improved, though iron ore continued its fall.

Financial services provider Pioneer Credit has sold $3.1 million worth of bankruptcy-comprised customer accounts if felt could not generate any further value, but none of the proceeds will be contributing to the company’s full-year profit.

The sharemarket has opened higher on expectations of an interest rate cut after the price of Australia's largest export, iron ore, fell to fresh lows.

Wall Street stocks have fallen for a second day in a row after disappointing US data stoked concerns about economic growth.

The Australian dollar is back below 76 US cents following another fall in the iron ore price overnight.