Oil prices have extended gains after Turkey's armed forces said they'd taken power in the country, igniting concerns about potential disruptions to shipments along one of the world's busiest shipping routes.
PM bends to revolt over superA rebellion within the federal Coalition over new superannuation rules has emboldened key crossbench senators to signal their own hostility to
Expectations of more economic stimulus from central banks and better-than-expected Chinese economic growth figures have helped lift the Australian share market to its highest level in 11 months.
Financial stocks have led the S&P 500 and the Dow industrials to record highs after JPMorgan's strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along.
Oil prices have risen close to two per cent as traders cover short positions a day after crude futures were hammered by data showing weak US fuel demand in a busy summer driving season that heightened fears about a global oil glut.
Gold has risen one per cent, recovering from its lowest in nearly two weeks, as prospects for further economic stimulus helped to bolster investor appetite while the US dollar remain flat.
US stocks have ticked up, just enough for the S&P 500 and Dow industrials to set record highs, with investors expecting upbeat earnings to keep the rally going.
Turnbull holds AAA line on ‘solid’ budget forecastsPrime Minister Malcolm Turnbull has dismissed fears that a sudden slump in government revenue would tri
The Australian share market has closed moderately higher, and is up for the fifth straight session, as concerns over Brexit ease, but investors are cautious.
Oil prices have surged five per cent, as investors' covering of short positions and a technical rebound helps lift the market from two-month lows, before dropping back.
Gold has seen its biggest one-day fall in three weeks as global equities rallied on easing political uncertainty in Britain and hopes for more economic stimulus, which in turn curbed demand for assets perceived as safe havens.
The Australian share market has closed slightly higher, led by financial heavyweights and mining giant BHP Billiton following a record close on Wall Street.
Indian business couple Pankaj and Radhika Oswal paid two advisers $US26 million ($A34.5 million) in hush money to hide what was really going on at their Australian fertiliser business, a court has heard.
Oil prices have fallen more than one per cent, hitting two-month lows on extended selling after the market's break below a key technical support level last week due to oversupply fears.
Gold has fallen as stock markets rally on the back of Friday's stronger-than-expected US jobs data and the prospect of more monetary stimulus from central banks, while the US dollar rose against a basket of currencies.
Dick Smith ‘inflated’ profitThe directors and managers of consumer electronics chain Dick Smith have been accused of inflating earnings to meet market exp
The Australian share market has closed around 2 per cent higher at a four-week high in the wake of a strong lead from US markets, more clarity over the recent federal election result, and the prospect of economic stimulus in Japan.
Crude prices have inched up in choppy trading but Brent has notched its largest weekly drop in nearly six months, as strong US jobs data and bargain hunting by investors pitted against seasonally weak consumption of oil.
