Sony is expected to reveal its vision of the future of home entertainment today by providing a glimpse at a new-generation PlayStation console that streams games, films, music and more. "Sony needs a big hit with this game console," ...
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The dollar is stronger against the greenback after statements from New Zealand's central bank led currency traders to move their money across the Tasman. At 5pm AEDT today, the Aussie was trading at $US1.0365, up from $US1.0329 yesterday. ...
The Australian dollar fell one US cent, after it was revealed that there are concerns about the US Federal Reserve's stimulus program. At 6.30am AEDT the local unit was trading at 102.61 US cents, down from 103.65 cents at ...
Tags: Australian dollar, US cent, currency
The dollar was higher late today after the central bank signalled that, while another interest rate cut was possible, it was in no mood to deliver it just yet. At 4.05pm AEDT, the Aussie was trading at $US1.0324, up from $US1.0296 late ...
Tags: Dollar, Reserve Bank, Rate
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data. At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at ...
The sharemarket was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
The dollar is more than half a US cent lower after a meeting of G20 finance ministers helped fuel a continued sell-off in the yen. At 5pm AEDT, the currency was trading at $US1.0295, down from $US1.0364 on Friday. OzForex head of ...
Tags: Dollar, US cent, currency war
The Australian dollar was near-unchanged after a quiet night of trade with US markets closed for the President's Day public holiday. At 6.30am AEDT the local unit was trading at 102.96 US cents, a touch higher from 102.95 cents at ...
Tags: Australian dollar, US markets, cents
The Australian dollar was lower yesterday as the US dollar strengthened after the Group of 20 industrial and developing countries fell short at the weekend of openly criticising governments that seek to deliberately devalue their ...
Tags: Aussie dollar, yen, US dollar
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
At 1700 AEDT, the local currency was trading at 103.64 US cents, up from 103.50 cents on Thursday. Westpac chief currency strategist Robert Rennie said the Australian dollar traded in a narrow range on Friday but remained well supported. ...
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market