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Australian Shares
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Tangiers Petroleum (U/R) Proposed Takeover Offer for Jacka Resources
Dec 10, 2013Tangiers Petroleum (u/r) Proposed takeover offer for Jacka Resources. The proposed takeover is an all share offer of 0.468 Tangiers shares for every share in Jacka Resources, implying a pre-merger share price of 11.1p for Tangiers (shares ...
Tags: Oil and Gas News, London Market, Tangiers, Jacka
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Your Vision Will Be Clogged with Ads When You Wear Google Glass Down The Street
Jul 26, 2013Forget the parody videos that claim your vision will be clogged with ads when you wear Google Glass down the street. The little virtual display screen you see at the top right-hand doesn't dominate your view at all. You see it by focusing ...
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Australian Shares Closed Slightly Higher Resulting From Mining Heavyweight Rio Tinto
Jul 17, 2013AUSTRALIAN shares have closed slightly higher, boosted by gains from resource companies on the back of record production results from mining heavyweight Rio Tinto. Rio has announced it had increased iron ore production by six per cent to ...
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Strength in The Resources Sector Has Pushed Australian Shares Higher
Jul 15, 2013Strength 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
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Australian Shares Are One Per Cent Higher as Egypt Uncertainty Lifts Oil Price
Jul 5, 2013AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
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Australian Dollar Continued to Fall
Jun 24, 2013The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
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Investors on Edge as Wall Street Attempts to Intensify About China's Bank System
Jun 22, 2013Investors around the globe are on edge amid more volatility in financial markets as Wall Street attempts to wean itself off stimulus and fears intensify about China's banking system, sending Australian shares sharply lower to the point of ...
Tags: Investors, Wall Street, Financial Markets
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Australian Shares Gained Ground as Investors Took a Cautiously Optimistic Stance
Jun 19, 2013Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
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Australian Shares Fall as Investors Nervously Wait for an Update on Economic Stimulus
Jun 18, 2013Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
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Further Falls Have Been Forecast for The Australian Dollar
Jun 7, 2013Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
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S&P/ASX200 Has Turned Down 0.1 Per Cent to 4966.6
May 30, 2013THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
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Australian Shares Have Suffered Another Sharp Fall
May 28, 2013Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
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Shares Pared an Early Rise as Profit-Taking Emerged Before US Payrolls Data
May 6, 2013Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
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Australian Shares Finished The Month with Strong Gains
May 2, 2013Australian shares finished the month with strong gains as the benchmark S&P/ASX 200 climbed to a five-year high after ANZ Bank's $3 billion-plus half-year profit dragged its shares to a record $31.84. ANZ's result pushed up other ...
Tags: Market Gauge, ANZ Gains
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Australian Market Has Opened Higher, with Gains in All Sectors But Retail
Apr 23, 2013THE 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