Financial Services

The Australian share market has opened lower.

People leaving the workforce now have got it much tougher than those who left a decade ago and will need to take a lot more risk in order to fund their retirement, the head of the Reserve Bank says.

The Australian dollar has risen amid softer-than-expected US economic data in the lead-up to this week's US Federal Reserve meeting.

US stocks have snapped a three-day rally to record highs as investors awaited Apple earnings results and a Federal Reserve policy meeting.

The Australian sharemarket ended the week strongly, with gains on the back of a rally in iron ore prices from decade lows.

The Australian share market has opened higher, following gain on Wall Street overnight.

The Australian dollar is higher after the release of some disappointing US economic data.

The Nasdaq exchange has smashed its 15-year-old record, breaking through the old mark set at the peak of the dot-com boom in 2000.

The Australian share market has closed higher as gains among the big miners offset losses in the financial sector.

The Australian share market has opened lower.

US stocks have posted solid gains following a big jump in US existing-home sales and a mixed bag of earnings reports from Boeing, McDonald's and others.

The Australian dollar has managed to hold on to most of Wednesday's gains following stronger-than-expected inflation data.

Australian shares have closed lower as investors reduce their expectations of a May interest rate cut.

Fortescue Metals Group has suffered its second credit rating downgrade in a week due to the impact of low iron ore prices.

The share market is flat as investors react with disappointment to BHP Billiton's production forecasts.

The Australian dollar has clawed back some of Tuesday's losses, making its way above 77 US cents during a quiet overnight trading session.

US stocks have mostly fallen but the Nasdaq stayed in positive territory as Israel's Teva announced a $US40.1 billion ($A51.92 billion) cash-and-stock bid for generic drug maker Mylan.

Michael Barnes had been appointed the new under-treasurer for Western Australia with immediate effect.

The share market has closed higher as positive offshore leads outweighed concerns about the local economy.

Perth-based Cape Lambert Resources has told the market that its investments in Timis Mining and African Minerals have hit roadblocks.

The Australian share market has opened strongly higher.

The Australian dollar has been knocked almost one US cent lower amid a stronger greenback and signals from the head of the Reserve Bank that another rate cut is possible.

US stocks have risen sharply on the latest Chinese stimulus measures and some prominent earnings that bested forecasts.

The Australian stock market closed weaker, with most sectors in the red after heavy sell-offs on overseas markets.

The Australian share market has opened lower.

The Australian dollar has rallied to a one-month high after China's central bank announced measures to stimulate lending.

The share market has suffered its heaviest fall in three weeks due to weak US economic data and concerns about Greece's debt problems.

Hartleys has lifted funds under management above $1 billion for the first time, a milestone that new chairman Ian Parker believes will help the stockbroking firm weather the current downturn in resources.

The Australian share market has opened marginally lower, following losses on Wall Street overnight.

April 17 AAP - The Australian dollar hit a three week high amid further US dollar weakness and after the release of surprisingly strong local jobs data.

US stocks have finished barely lower following mixed earnings and lacklustre economic data as worries about Greece's finances returned to the forefront.

The share market has posted its first gain in four days, though stronger commodity prices were the main driver rather than a surprise drop in unemployment.