The Holden Trax will offer city-sized SUV packaging for small-car pricing when it goes on sale in Australia in September. Priced from $23,490 before on-road costs, the front-wheel-drive-only Trax becomes the cheapest and smallest member ...
Tags: Holden Trax
THE Australian share market has edged higher as investors react to positive news out of China and uncertainty in the US. The S&P/ASX 200 dropped off in afternoon trade today, which Stock Report analyst Benny Sada said reflected market ...
Tags: economy, Share Market
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
The federal governments proposed changes to the fringe benefits tax might pass through the senate before the election, if Kevin Rudd has his way. Mr Rudd has been in contact with numerous world leaders in regards to the G20 summit and is ...
Tags: Fringe, Transportation
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals
ROSS Barker, the managing director of several listed investment companies, is not betting on the yield trade to drive markets as hard in the next 12 months, saying some big dividend-paying stocks got "very toppy" before the recent sell-off. ...
Tags: economy
IN another wild swing that extended the volatile start to the financial year, the stockmarket rebounded to sit 1.1 per cent higher after fresh data pointed to a strengthening US economy. Materials and energy stocks led the recovery from ...
Tags: US economy, market, economy
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Sydney-based Commonwealth Bank of Australia (ASX: CBA) saw three village banks run into operation in Hebei Province, China recently. The three institutions spread in Xinji City and Handan City, each, with small- and medium-sized ...
The Australian Securities & Investments Commission has agreed to hold off on several possible changes to equity market trading rules, in the wake of concerns expressed by market participants and market manager ASX Limited. Yesterday's ...
Tags: ASIC, Trade Rule Changes
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...