Financial Services

The Australian share market has closed lower as the major banking stocks fell after the central bank warned it may take action against risky lending.

The Australian share market has opened lower after weak leads from overseas markets and several other negative factors.

Geopolitical concerns have weighed on the Australian dollar following US-led strikes in Syria.

Wall Street stocks have slumped for the third straight session as data showed a weakening eurozone economy and US tax rules to fight inversions hit pharmaceutical stocks.

Better than expected economic data from China has fuelled the share market's largest one day rally in more than three months.

The Australian stock market has continued to slide following a selloff on Wall Street and a further fall in iron ore prices.

The Australian dollar has dropped to a near eight-month low overnight.

US stocks have finished decisively lower, retreating from last week's records in a decline attributed to profit taking and anxiety about Chinese economic growth.

The Australian share market has fallen by more than one per cent - its biggest one-day fall in six weeks.

The Australian share market has started the week flat following a lacklustre lead from Wall Street and another slide in iron ore prices.

US stocks have faced big hurdles during the week, but emerged stronger following a favourable Federal Reserve decision, a rejection of Scottish independence and a record stock offering from Chinese company Alibaba.

The Australian dollar has hit fresh six-month lows as the US dollar goes from strength to strength.

The share market has closed slightly higher as banks regained favour and investors were relieved Scotland voted against independence.

The Australian share market has opened higher after US markets hit fresh record highs.

The Australian dollar is regaining some ground following its fall on suggestions the US could have more interest rate hikes next year.

The Dow and S&P 500 have bolted to fresh records on continued momentum from Wednesday's Federal Reserve decision and enthusiasm ahead of Alibaba's expected initial public offering Friday.

The Australian share market has closed marginally higher as a slightly positive performance from most of the major banks outweighed weakness in the resources sector.

Junior producer AWE has claimed a new gas discovery in the Mid West could be the largest conventional onshore gas discovery in Western Australia in 50 years.

The Australian stock market is higher after the US Federal Reserve pledge to keep interest rates at close to zero until 2015 boosted investor sentiment.

The Australian dollar has dropped more than one US cent overnight to a fresh six-month low after the US Federal Reserve signalled more interest rate hikes next year.

The Dow has closed at a fresh record high after the US Federal Reserve stuck to a plan to begin raising near-zero interest rates only in 2015.

The Australian share market has closed lower for the sixth consecutive session as gains among the major miners failed to offset falls by the big four banks.

After five straight sessions finishing lower, the Australian share market has opened higher on reports of a new Chinese stimulus plan and a rise in commodity prices.

The Australian dollar has rebounded overnight, surging towards 91 US cents as the greenback takes a hit.

Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reserve monetary policy announcement.

The share market has closed lower as investors pulled out of bank stocks in anticipation of a rise in interest interest rates in the US.

Perth-based State One Stockbroking and online broking division Amscot Stockbroking are the first brokers in Western Australia to operate the ASX’s new managed fund settlement service.

The Australian share market has opened flat but mining stocks have recovered some losses after a rise in iron ore prices.

The Australian dollar has recovered some ground following its dip below 90 US cents, helped along by some US dollar weakness.

US stocks have finished mixed as the tech-rich Nasdaq dropped more than one per cent following a cautious report on Tesla Motors.

The share market has suffered its biggest one-day fall in five weeks as investors retreated from the major banks and some of the big miners.

Global bank UBS has delivered a scathing assessment of the financial performance of rare earths producer Lynas Corporation.