Financial Services

US stocks have opened a busy week of corporate earnings sharply lower as oil prices slumped to fresh multi-year lows.

The Australian dollar has slipped almost one US cent lower amid increasing speculation that the local currency may reach parity with its Kiwi counterpart.

The share market has closed lower as oil prices continue to fall.

The Australian sharemarket has opened lower following weak leads from the US and Europe.

Wall Street stocks have opened lower after a government report showed strong US jobs growth in December, but weak wage levels.

Surprisingly soft US wages growth figures have given the Australian dollar a boost above the 82 US cent level.

The Australian share market has closed higher for a second session in a row, boosted by a positive lead from US markets and a steady oil price.

The Australian sharemarket has opened strongly following a rally on Wall Street overnight.

Wall Street stocks have soared for a second day running as oil prices steadied and investors became more confident of monetary stimulus in Europe.

The Australian dollar is treading water above 81 US cents, amid concerns over the euro zone and lower oil prices.

The Australian share market has rallied after two days of losses, boosted by some recovery in the oil price.

Interest rates will rise, but the first move is now more than a year away, Commonwealth Bank of Australia chief economist Michael Blythe says.

The Australian stock market has opened higher following a rally on Wall Street and a stabilisation of oil prices overnight.

Wall Street stocks have jumped following solid US economic data, joining European equity markets higher and ending a five-day losing streak.

The Australian dollar has drifted higher as disappointing comments from the US central bank knock the wind out of the greenback's sails.

The Australian share market has closed lower, despite a late rally, as energy stocks plunged again.

Borrowers are leaping at the chance that the Reserve Bank of Australia will cut its cash rate this year, with more of them looking for better home loan deals.

The Australian share market has opened lower as the oil sector continues to cop a beating from falling oil prices.

US stocks have fallen again on another stormy day for global financial markets as oil prices plummeted to a fresh multi-year low.

The Australian dollar is lower but still holding above 81 US cents following better-than-expected economic data.

The Australian share market has fallen sharply as investors fretted about falling oil prices and speculation that financially-embattled Greece would quit the eurozone.

Two Melbourne men have been charged over an alleged $110 million fraud involving fake home loan applications.

Australian stocks have tumbled lower following an overnight rout of commodities and heavy falls on markets in Europe and the US.

US stocks have tanked on worries about the eurozone and low oil prices as the euro hit a nine-year low against the US dollar and US crude slid below $US50 a barrel.

The Australian dollar is hovering below 81 US cents, having staged a recovery after reaching five-and-a-half year lows.

The Australian share market has started the first full week of trading in the new year by finishing marginally higher.

Former Bankwest managing director Jon Sutton has been appointed Bank of Queensland's new chief executive, following the departure of Stuart Grimshaw in September last year.

Australian stocks are higher amid mixed leads from overseas markets.

Wall Street stocks have finished the first trading day of the new year little-changed following lacklustre US economic data and with many market participants still on holiday.

The Australian dollar has dropped to its lowest level in almost five years.

Downward pressure on prices for oil and iron ore have helped pull back the Australian share market after four days of gains.

Perth-based gold miner Millennium Minerals has negotiated $5 million in additional debt funding from its major shareholder IMC Group but the deal is dependent on Millennium's current bankers agreeing to reschedule debt repayments due at the end of this month.