US stocks finished mostly lower following disappointing economic data from China and Japan and the growing spectre of Scotland breaking away from the United Kingdom.
The Australian stock market has started the week on a flat note, with another fall in the iron ore price and concerns about Scotland's upcoming independence vote offsetting a positive lead from the US.
The S&P 500 has jumped to a fresh record after investors concluded that a disappointing August jobs report would discourage the US Federal Reserve from quickly raising interest rates.
Investment banking group Azure Capital has added to the state’s small funds management sector by offering an Asian-focused hedge fund run by an experienced operator drawn to Perth for family reasons.
US stocks have closed lower despite an early boost from the European Central Bank's move to further cut interest rates and launch an asset-purchase plan to beat back deflation pressures.
Perth-based boutique investment firm NWQ Capital Management has reached the top of the ranks in risk-adjusted performance for its hedge fund, which invests in hedge-fund products in the Asia-Pacific.
Bankwest today launched its new charity, which will raise funds for community initiatives, as well as a scholarship program that aims to better the lives of Western Australians, and has pledged $1 million per year to the charity for five years.
The Australian dollar is almost half a US cent higher as the chances of another interest rate cut by the central bank fades following solid gross domestic product (GDP) figures.
A former financial adviser accused of defrauding and stealing from his clients acted in their best interests during the global financial crisis, when they were all victims of the stock market plunge.
The Australian share market has opened slightly lower after markets in the US put in a mixed performance overnight and some major stocks on the local bourse traded ex-dividend.
Wall Street stocks have finished mixed as investors digested August's gains in equities ahead of closely-watched central bank and labour market news later this week.
The share market has edged to its highest close since mid-2008 after the release of mixed economic data and another decision from the Reserve Bank to keep interest rates steady.
Australian banks are lending out money at a faster rate than they are taking it in from deposits, forcing them to increasingly rely on international funding markets, rating agency Moody's warned.
The Reserve Bank is not expected to make any change to the cash rate when it meets on Tuesday, and a rate hike looks unlikely before the middle of 2015.
Global oil prices slid on Monday in subdued deals before a public holiday in the United States and as dealers digested weak Chinese manufacturing data, analysts said.
