Financial Services

As traders finished the last full week of business before Thanksgiving, Wall Street was feeling grateful for a week of fresh records, central bank stimulus and big corporate mergers.

The Australian dollar is higher after China cut it key interest rates and the European Central Bank flagged more economic stimulus.

A fifth straight day of falls has taken the share market to its worst weekly performance in more than a year.

A former financial adviser who stole shares from a retiree client in Perth has been jailed for two years.

Abundant supply is driving commodity prices lower, but the good news is that Chinese demand for Australian resources will continue as its economy evolves, the Reserve Bank of Australia says.

The Australian Stock market is flat despite a positive lead from Wall Street.

The Dow and S&P 500 have notched fresh records on strong US economic data and a jump in oil company shares thanks to rebounding crude prices.

The Australian dollar is back above 86 US cents after flat American inflation figures made traders rethink a US rate rise.

The Australian share market has fallen by nearly 1 per cent on more weak economic signs from China and a fresh slump in iron ore prices.

The share market is weaker as another drop in iron ore prices weighs on mining stocks and stirs concerns about Australia's terms of trade.

High-flying tech companies Netflix and Tesla Motors have stumbled, pulling the Nasdaq 0.6 per cent lower in a muted day for US equities.

The Australian dollar is weaker after US Federal Reserve meeting minutes sounded upbeat and iron ore prices hit a new five-year low.

Labor has hijacked Senate question time in a bid to try and kill off controversial financial advice laws.

The share market has fallen for a third straight day, dragged lower by big miners and the banks.

The Australian stock market has opened flat amid weakness in resources stocks.

The Dow and S&P 500 has closed at fresh records following solid economic data from Germany and the US.

The Australian dollar is firmer as traders move past the Reserve Bank governor's comments on rates staying low and focus on the US Federal Reserve.

The share market closed weaker despite its early gains, with falls posted across all sectors.

The Australian stock market has opened higher following a flat lead from the US.

Huge takeovers in the oil and pharmaceutical sectors helped lift the S&P 500 to a record Monday, while the Dow fell shy of a new mark.

The Australian dollar is weaker as a free trade deal with China encourages profit taking.

The share market has closed weaker as a rising US dollar, sputtering Japanese economy and pending changes for the financial system weigh on investor sentiment.

Aurizon's West Pilbara iron ore joint venture has won backing from one of Australia's big four banks, ANZ Banking Group.

Former National Australia Bank boss Cameron Clyne took home almost $6 million during his last 10 months in the job.

Financial Services Council chief John Brogden says a China trade agreement is not enough on its own to open the Chinese market for Australian fund managers.

The Australian sharemarket has opened flat as weakness in banking stocks offsets gains from the resources sector.

The Dow Jones Industrial Average and the S&P 500 each repeatedly broke all-time records over the past week.

The Australian dollar is stronger against the greenback and has reached a seven-year high against the Japanese yen.

Fresh slides in oil prices have put some of Australia's biggest energy players under pressure and pushed the share market to its worst weekly performance in more than a month.

Australia's share market has opened slightly lower, with the major banks lower and the big miners mixed.

The Australian dollar has bounced back from its tumble after the Reserve Bank said it hasn't ruled out intervention to bring the currency lower.

The share market has closed lower for a fourth straight day as banking and energy stocks weighed on the market.