Financial Services

The Australian dollar has rebounded on the back of weaker-than-expected US economic data.

The share market has fallen, with weakness in most sectors, as investors remain cautious due to conflict in Iraq and Ukraine.

Sino Gas & Energy Holdings has signed a term sheet with Macquarie Bank for a US$50 million loan, which will be used to support its joint venture entity’s working interests in the Linxing and Sanjiaobei production sharing contracts at the Ordos Basin in China.

The share market has opened lower after US stocks underperformed despite positive consumer confidence and home sales data.

The Australian dollar is lower on the back of strong consumer confidence and home sales figures in the US.

US stocks have dropped despite solid economic data in a decline analysts attributed to profit taking and the ongoing Sunni insurgent attacks in Iraq.

The share market has fallen in a subdued day of trade, with no economic data to influence investors and flat leads from overseas markets.

The share market has opened weaker following mixed leads overnight from overseas markets.

The Australian dollar remains above 94 US cents on the back of surprisingly strong Chinese manufacturing figures.

US stocks have finished little changed following mixed economic data as investors keep watch on continued unrest in major oil-producer Iraq.

The share market has posted solid gains as investors were buoyed by China's best manufacturing activity data in six months.

The Australian share market is higher following a strong lead from Wall Street.

The Australian dollar has drifted lower as investors await the release of key Chinese economic data.

US stocks jumped to fresh records this week as the Federal Reserve's promise of continued low interest rates offset turmoil in Iraq that lifted oil prices.

Nickel and gold explorer Duketon Mines has outlined plans for a $6 million initial public offering in what will be just the second float by a Western Australia-based resources company this year.

Australian shares slumped on Friday, giving up most of the previous day's gains.

The share market has opened lower as the major miners and big four banks all post losses.

The Australian dollar has backed away from its two-month high as traders sell the currency and take profits.

The S&P 500 has edged to a new record as investors weighed solid economic data with ongoing violence in Iraq that pushed oil prices to a new nine-month high.

Andrew Forrest has purchased 1.75 million shares in iron ore giant Fortescue Metals Group for about $7 million.

Australian shares have rallied after the US central bank decided to retain ultra-low interest rates.

The Australian share market is up on strong leads from the US after the Federal Reserve retained its policy of ultra-low interest rates.

The S&P 500 has bolted to a new record after the Federal Reserve kept its policy of ultra-low interest rates and did not accelerate the time-frame for raising them.

The Australian dollar is higher after the US Federal Reserve said economic growth would be slower than it previously expected.

The share market has fallen for a second straight day, due to a drop by energy stocks, including Woodside Petroleum, and weakness in the banking sector.

The share market has opened lower as the impact of Shell's reduced ownership of Woodside Petroleum dragged the energy sector down.

The Australian dollar has hit a one-week low after some negative comments on the local economy from the Reserve Bank of Australia.

Wall Street stocks finished higher as investors weighed continued violence in Iraq with mixed US economic data and looked ahead to a Federal Reserve policy statement on Wednesday.

The head of BC Iron concedes the industry is apprehensive after iron ore prices fell to 2012 levels of $US89 per tonne.

Shares closed weaker as worries about Iraq and the sudden sale of nearly 10 per cent of Woodside shares weighed on the market.

The share market has opened lower after the iron ore price dropped to a two-year low and tensions in Iraq hurt overseas markets.

The Australian dollar is slightly lower as concerns about political tensions in Iraq and eastern Europe weighs on the market's mood.