The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.
Crude oil prices fell two per cent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while petrol rallied on refinery and pipeline outages.
Gold has fallen to a two-week low after data showing faster-than-expected growth in US consumer prices in August helped support the case for the Federal Reserve to raise interest rates later this year and the US dollar jumped.
PM to push US over TPPPrime Minister Malcolm Turnbull will tell United States congressional leaders and policymakers this week that commerce and trade are as powerful as ‘
Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States.
The Australian dollar has risen more than half a US cent as the greenback fell on disappointing US retail sales numbers, dousing market expectations of an imminent US rate rise.
West Perth-based NWQ Capital Management has beaten off competition from rivals in Sydney and Melbourne to be named Australia’s best hedge fund investor.
Super done, next task is growthTreasurer Scott Morrison says spending cuts and revenue increases alone will not be enough to repay the nation’s burgeoning debt and that th
Oil prices have fallen about three per cent for a second straight day, after data showing large weekly builds in US petroleum products offset a surprise draw in crude stockpiles.
Gold prices have risen, breaking a five-day decline as the US dollar slipped against a basket of currencies, with the market waiting for clues on the timing of an increase in US interest rates.
Global fundies: no crashGlobal fund managers say that sharemarkets around the world will avert a crash but investors need to get ready for higher volatility in stock price
Gold has fallen for the fifth straight day, weighed down by a firmer US dollar and a jump in Treasury yields as well as uncertainty about whether the US central bank will raise interest rates next week.
Oil prices have fallen as much as three per cent after both the world's energy watchdog and OPEC revised forecasts that signalled the global crude glut could persist for much longer than expected.
Savings deal the start of budget fixesA landmark deal between the government and Labor to deliver $6.3 billion in spending cuts would satisfy the credit agencies for now,
The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
Oil prices have risen as a softer US dollar and stronger US equity markets helped crude futures rebound from an early drop pressured by worries about increased drilling activity for oil in the United States.
The Australian dollar has edged higher as the greenback lost some ground after a Federal Reserve official cast doubt on the chances of a US rate rise in September.
Gold has steadied, recovering from earlier weakness after dovish comments from US Federal Reserve policymakers lowered expectations for a September US interest rate rise, and the greenback fell.
Market rout dents yield maniaInvestors have questioned whether the five-year bull run in Australia’s high-yield stocks is over after local shares joined a global equities
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.