Financial Services

The third daughter of late mining heir Michael Wright has succeeded in her bid to extract much more than she was left from his will, with a judge ruling she should get $25 million.

The share market is weaker a day after hitting a fresh seven-year high, with the banks and miners in the red.

Wall Street stocks have finished little changed following mixed corporate earnings and a second day of congressional testimony from Federal Reserve chair Janet Yellen.

The Australian dollar has pushed above 79 US cents for the first time in a month on the back of some strong Chinese data and easing rate hike expectations in the US.

Capital spending on major mining, energy and infrastructure projects in Australia is set to drop more than 60 per cent over the next three years, according to analysis by ANZ Banking Group.

The share market has edged to yet another seven-year high despite major stocks falling as they traded without dividends.

Listed companies that hoard large amounts of cash have underperformed since the GFC and should start spending, accounting firm Deloitte says.

The market has opened flat despite fresh records on Wall Street on the back of positive congressional testimony by US Federal Reserve chair Janet Yellen about interest rates.

The Dow and S&P 500 have bolted to fresh records after Federal Reserve chair Janet Yellen pledged a cautious approach to raising interest rates.

The Australian dollar is higher after US Federal Reserve chair Janet Yellen said an interest rate before June is unlikely.

The Australian share market has closed slightly higher, boosted by what investors considered a good financial result from BHP Billiton despite a big drop in the global miner's profit.

QBE Insurance Group is confident it has finally turned the corner after lifting its full year profit by more than $1 billion.

The Australian sharemarket is lower following a lacklustre performance on Wall Street ahead of congressional testimony by Federal Reserve chair Janet Yellen.

US stocks have finished little changed following lacklustre housing data on the eve of congressional testimony by Federal Reserve chair Janet Yellen.

The Australian dollar is back below 78 US cents as commodity prices fall and the US dollar bounces back from last week's fall.

Strength in the financial and property sectors has lifted the share market.

The board at Balamara Resources took drastic action last week in light of the dramatic fall in the company’s share price during the past 12 months, with managing director Mike Ralston announcing the intention to de-list from the ASX.

The Australian share market has opened flat as investors exercise caution until they get a clearer picture of how Greece's debt situation will unfold.

The Australian dollar is higher, as market sentiment improves on the back of a positive outcome in the Greek bailout negotiations.

East Perth-based financial services group Pioneer Credit has delivered an interim profit after tax of $1.6 million, but said it was still on track to achieve a FY15 profit of $6.6 million in its first full financial year as a public-listed company.

The Australian share market has closed lower in a choppy session bereft of positive drivers.

The Australian share market has opened almost flat after a mixed night of trade on overseas stock markets.

A disappointing forecast from Wal-Mart and weakness in oil stocks have pushed the Dow lower, while the Nasdaq edged closer to 5,000 thanks to strong results from Priceline.

The Australian dollar is lower, weighed down by tensions over Greece's bailout negotiations with European officials.

The share market has closed lower as investors took profits from the rally sparked by a massive takeover offer for Toll, and many celebrated the Chinese New Year.

The Australian share market has opened higher.

US stocks have recovered from early losses to finish little-changed as Federal Reserve meeting minutes suggested it would wait longer before raising interest rates.

The Australian dollar is lower despite getting an initial boost following the release of the US Federal Reserve's January policy meeting minutes.

The share market has closed higher as a massive takeover offer for logistics group Toll sent its stocks soaring.

The stock market is flat after giving back early gains made by the big banks.

The Australian dollar has hit a one-week high, helped by optimism about the European economy and that a deal will be reached to keep Greece in the eurozone.

US stocks have shrugged off the latest stumble in Greek debt talks as the S&P 500 edged to a new closing high.