Financial Services

The Australian dollar has slipped a little lower after rallying on the back of some surprisingly good business investment data.

Todd Michael King, a former Perth-based financial adviser has been ordered to stand trial for more than $3.7 million worth of fraud and stealing offences.

The Australian sharemarket has finished flat ahead of the Thanksgiving holiday in the United States.

Australian stocks have opened higher following a solid night on global equity markets.

US stocks have risen to new records following a stream of mixed economic data on the eve of the Thanksgiving holiday.

The Australian dollar has fallen to a fresh three-month low as declining commodity prices and a rally in the US dollar puts the currency under pressure.

The Australian share market has lost ground as commodity price weakness led to losses among the big miners.

Australian stocks have opened virtually flat amid weakness in resources stocks and moderate gains for the big four banks.

The Australian dollar has recovered some ground after falling to a fresh three-month low amid increasing expectations of an interest rate cut in early 2014 and profit-taking.

US stocks have ticked slightly higher, but the Nasdaq has surged past the 4,000 mark for the first time in 13 years.

The Australian sharemarket has closed higher for the third straight day, driven by gains among the big banks.

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

US stocks have closed little changed as investors weigh a weak US housing market report and a breakthrough deal between Iran and major powers over its controversial nuclear program.

The Australian dollar is higher as traders go bargain hunting, taking advantage of the currency's low value, after its big fall in recent days.

Australian shares have gained thanks to continued positive momentum on Wall Street.

The Australian stock market has opened higher after Wall Street again rallied to record highs.

US stocks have continued to power to new peaks with the S&P 500 closing above 1,800 for the first time and the Dow recording a fresh record.

The Australian dollar is still below 92 US cents as expectations the US Federal Reserve will taper its economic stimulus program weighs on the currency.

Bob Browning has embraced the challenge of revitalising financial services firm Emerchants.

Australian shares have finished higher, bringing a four-day losing streak to an end due to good employment news from the United States.

Reserve Bank of Australia governor Glenn Stevens says he is prepared to put the final nail in the coffin of the "uncomfortably high" Australian dollar if need be.

The Australian share market has opened higher, bouncing back after four days of falls, after Wall Street hit a record high.

The Dow Jones Industrial Average has closed above the key threshold of 16,000 for the first time, extending a rally that has seen the gauge add over 22 per cent this year.

The Australian dollar dipped below 92 US cents for the first time in two and a half months after the head of the Reserve Bank said he has an open mind on intervening to get the exchange rate lower.

The share market has fallen for its fourth straight day due to uncertainty about when the US will start to reduce its economic stimulus program, and a slowdown in Chinese manufacturing activity.

Australian shares are weaker as investors overlook the minutes of the US Federal Reserve's last meeting and focus on profit taking.

The federal agency managing the government's bond portfolio says a buffer beyond what is expected to be the peak in commonwealth debt is needed to cope with unforeseen events in any one year.

US stocks have fallen after minutes from the last Federal Reserve policy meeting said the central bank could scale back its stimulus program "in coming months".

The Australian dollar has fallen more than half a US cent after the minutes of the Federal Reserve's October policy meeting showed that it'll likely wind back its economic stimulus program in the coming months.

The Australian share market has closed lower for the third straight day as investors continued profit taking.

A drop on Wall Street after a four-day streak of fresh records is hitting Australian shares.

US stocks have fallen modestly, ending the Dow's four-day streak of fresh records, as the Justice Department announced a record $US13 billion ($A13.91 billion) settlement over mortgage securities with JPMorgan Chase.