Financial Services

The Australian share market has closed higher, with the big banks well up on the back of the Financial System Inquiry's call for them to hold more capital.

The share market is stronger, with banks rallying on the Financial System Inquiry's recommendation that banks hold more capital.

A surprisingly strong US jobs report for November has powered US stocks to another record performance, with the S&P 500 registering its seventh straight weekly gain.

The Australian dollar has fallen to a four-and-a-half-year low after the release of very strong US employment growth figures.

Weakness in the resources sector has weighed on the share market as investor confidence continues to wane.

The share market is marginally firmer as gains in the retail sector offset falls in banking and the big miners.

US stocks have followed European equity markets lower, falling slightly after the European Central Bank enacted no new stimulus measures.

The Australian dollar has stabilised after hitting fresh lows overnight, amid growing expectations that the central bank will need to cut rates again.

The share market has posted strong gains for a third straight day as investors returned to the dominant mining and banking sectors.

Shockingly weak economic growth figures have left leading economists rethinking their interest rate forecasts, with a growing number saying the Reserve Bank of Australia will be forced to cut in 2015.

The Australian share market has opened higher.

The Dow and S&P 500 have bolted to fresh record highs after a Federal Reserve report showed the US economy was growing amid widespread optimism about the outlook.

The Australian dollar is barely keeping its head above 84 US cents after disappointing economic growth figures triggered expectations of another interest rate cut.

The Australian share market has closed higher, with gains in all sectors.

The Australian share market is slightly higher in the wake of Wall Street gains but falls in oil, gold and iron ore prices.

The Australian dollar has slipped back below 85 US cents amid a stronger US dollar and uncertainty about the Reserve Bank's next move.

The Dow has jumped to a fresh record close following a rise in US construction spending and encouraging auto and Cyber Monday sales data.

The Australian share market has closed 1.3 per cent higher, reeling in some of the steep losses inflicted by tumbling oil prices.

The Australian share market has reversed some of its heavy losses after a strong bounce in oil and gold prices.

Retail and tech equities have led US stock markets lower following a disappointing kickoff of the holiday shopping season.

The Australian dollar has bounced back from four-year lows overnight as commodity prices stage a recovery.

The share market has dumped 2 per cent, with energy stocks tumbling in the wake of the lowest crude oil prices since 2009.

The Australian share market is lower as oil stocks again suffer a pummelling, following OPEC's decision not to cut production.

A free fall in petroleum stocks was the most striking element of an otherwise lacklustre week on Wall Street.

The Australian dollar is under pressure against a stronger greenback.

The share market has suffered its largest fall in seven weeks as energy stocks were punished on weaker oil prices.

Shares in Australia's oil and gas players are being hammered as tumbling crude prices prompt investors to re-examine major resources projects.

The Australian share market has opened sharply lower as oil stocks were pummelled following OPEC's decision not to cut production.

The Australian dollar is lower, weighed down by a big fall in the prices of oil and other commodity prices.

Cash Converters International says it plans to raise $45 million to help terminate commissions to development agents on its rapidly growing personal loans business.

The Australian share market has finished flat as sagging oil and iron ore prices weighed on energy and mining stocks.

The Australian share market is marginally higher, with the major banks stronger but most of the big miners weaker.