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 sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
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
Elstra is making a play at the $120 billion-a-year health industry with the creation of a business that will help connect healthcare professionals with patients over broadband and mobile networks. The unit, which comes under the remit of ...
Tags: Telstra, E-Health, healthcare, mobile network
Optus has declared that its strategy to increase its business and return to revenue growth is the right one despite Telstra beating the No 2 telco by a factor of 10 in the past year in adding new mobile phone customers to its network. For ...
Tags: OPTUS, Telstra, revenue growth
A major wave of redundancies is poised to strike Telstra's directories arm Sensis as the telco giant prepares to slash as many as 500 jobs from the ailing print and digital business. Multiple sources at Telstra and Sensis, the publisher ...
Tags: Telstra, Sensis, redundancies
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels
Apple Australia says it is making some MacBook Pro and MacBook Air models more affordable with faster processors and lower starting prices. In Australia,the 13-inch MacBook Pro with Retina display will now cost from $1,649 for a device ...
Tags: Apple, Processors, Consumer Electronics
Local shares reversed an intraday rise yesterday as caution about upcoming corporate earnings eclipsed data indicating continued improvement in Australia's two biggest trading partners. The benchmark S&P/ASX 200 index closed down 0.3 per ...
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
Holden has signed a multi-million-dollar sponsorship deal with the National Rugby League (NRL) in an agreement that will see the homegrown car maker support every level of the popular sporting code over the next three years. ...
Tags: Holden, Sponsorship Deal, NRL
Photo: Drive.com.au. How do Australia’s major cities deal with choking traffic congestion? Do tolls work? Does Sydney really need a second airport? How do governments cope with the mounting financial burden of providing acceptable ...
Australian Commonwealth Government 10-year bond yields rose 12 basis points to 3.44 per cent following a similar move in US Treasury bonds during the Australia Day long weekend. At 11.38am AEDT, the benchmark S&P/ASX 200 was up 0.8 per ...
Tags: Australian Commonwealth Government, US Treasury bonds, sharemarket
The sharemarket surged to a 21-month high yesterday as investors dumped bonds and rushed to buy equities in response to an improving global growth outlook. Overnight on Monday, the US reported a 4.6 per cent rise in durable goods for ...
Tags: sharemarket, global growth outlook, US