The Australian market opened higher, led by gains for the four major banks ahead of their first-half numbers. At 10.20am AEST the benchmark S&P/ASX200 index was up 23.2 points, or 0.46 per cent, at 5120.7 points. The broader All ...
Tags: Australian market, earnings
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
A rise in commodity prices has helped push the Australian dollar back above the $US1.03 level. At 5pm AEST, the local unit was trading at $US1.031, up from $US1.0246 on Wednesday. CMC Markets foreign exchange dealer Tim Waterer said the ...
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
THE Australian dollar climbed after claims for US unemployment benefits last week fell to their lowest level since mid-March. At 6.30am AEST the local unit was trading at 102.91 US cents, up from 102.46 cents on Wednesday. Local markets ...
Tags: Australian Dollar
The sharemarket has closed slightly lower despite commodity stocks staging a comeback. The benchmark S&P/ASX200 index was down 4.9 points, or 0.1 per cent, at 5097.5 points. The broader All Ordinaries index was down 1.5 points, or 0.03 ...
Tags: Stocks, Commodity Comeback
The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
A COFFEE date with Apple chief Tim Cook was a hot opportunity as bidding quickly topped $US70,000 ($68,109) for a chance being auctioned to raise money for a human rights group. A bidder identified as rory.oneill3 at the Charitybuzz ...
Tags: APPLE, Consumer Electronics
APPLE has announced that its annual Worldwide Developers Conference will take place in San Francisco in June. The cost is $US1600 per ticket. In an unusual move, Apple gave a one-day notice that tickets would go on sale for what is ...
Tags: Apple, Consumer Electronics
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
The sharemarket climbed to a five-week high yesterday as falling bond yields fuelled demand for high-yield stocks, offsetting the negative effect on miners of disappointing Chinese manufacturing data. The benchmark S&P/ASX 200 closed up 1 ...
Tags: Lifts Stocks, economy
The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
THE dollar has started the week on the back foot, after losing more than three quarters of a US cent late on Friday. At 5pm AEST today, the Aussie was at $US1.0283, down from $US1.0343 on Friday. The dollar started the local session ...
Tags: economy
THE Australian market has opened higher, with gains in all sectors but retail. RBS Morgans private client adviser Bill Bishop said the market was off to a promising start considering it had only received modest overseas leads. "Here, we ...
Tags: economy
The Australian dollar has hit a six-week low after most metals prices fell during the offshore session on Friday night. At 6.30am AEST the local unit was trading at 102.78 US cents, down from 103.43 cents on Friday. Earlier today the ...
Tags: economy