Financial Services

The Australian dollar fell to a three week low, coming under pressure from weaker iron ore prices and concerns about the Chinese economy.

Wall Street stocks have slumped on a batch of mostly-disappointing retail earnings and after a US Federal Reserve official endorsed a speedier rise in benchmark interest rates than some expect.

The Australian share market has closed higher as bargain hunters moved in following falls in morning trade.

The Australian share market is making losses, with a positive lead from Wall Street's gains not enough to plug the gloomy sentiment about a plunge in the iron ore price.

Fortescue Metals Group has increased the amount of iron ore it estimates is located at one of its projects in the Pilbara by more than 77 per cent.

The Australian dollar is slightly lower as traders wait for the release of the minutes of the Reserve Bank of Australia's May board meeting.

Tech stocks have led US markets higher helped by the truce in the smartphone patents battle between Apple and Google.

The Australian share market has closed lower as mining stocks were weakened by a fall in iron ore prices, and the market generally worried about falling prices on the Chinese property market.

Australian stocks are weaker, with heavy falls by iron ore miners dragging down the overall market.

US stocks have finished higher after a choppy day of trade as investors weighed some solid retail earnings reports with mixed economic data.

The Australian dollar is higher but remains below 94 US cents after a quiet overseas trade.

Banks and resources stocks have pulled the Australian sharemarket lower following sell-offs overseas.

The Australian share market is weaker as disappointing European growth numbers overnight sent investors looking for safety.

The Australian dollar is lower, weighed down by disappointing euro zone economic growth figures.

US stocks have slumped after weak earnings from WalMart hit retail equities amid concerns that investors are shifting from stocks to bonds.

The Australian dollar has traded within a narrow range just below 94 US cents in the absence of any major economic news or data.

The share market is slightly higher after a mixed session for the heavyweight banking and resources sectors.

ASX-listed Euroz has confirmed that it will acquire fellow Perth-based stockbroker Blackswan Equities.

The Australian share market has opened lower after US markets came off record highs.

The Australian dollar has backed away from a one-month high, as traders take profits.

US stocks have finished lower following mixed earnings and a surprising rise in producer prices, snapping a five-day winning streak for the Dow that included three straight record closings.

The Australian dollar passed 94 US cent for the first time in four weeks, helped by confidence in the Australian economy and a rally on Wall Street.

The share market has closed flat, with gains by two of the big four banks offsetting falls by their two rivals caused by the payment of dividends.

Hot Chili has secured US$25 million in debt funding which will be partially used to complete its prefeasibility study at its Productora copper project in Chile.

Commonwealth Bank of Australia has lifted its third quarter cash profit almost 16 per cent to $2.2 billion.

The Australian dollar is higher, having shrugged off the tough federal budget and weaker economic data.

The Dow and S&P 500 have edged to record closing highs for the second day in a row even as the Nasdaq fell on concerns technology stocks are overvalued.

The Australian share market has closed higher, led by big mining stocks, after markets in the United States lifted and investment bank JP Morgan expressed confidence in the resources sector.

Mining stocks have rallied, lifting the Australian share market after investment bank JP Morgan gave the sector a big confidence vote.

The Australian dollar is range-bound thanks to a stronger greenback and ahead of the federal budget.

The Dow and S&P 500 has closed at fresh record highs, spurred by a strong rally in technology stocks that lifted the Nasdaq Composite Index by nearly 1.8 per cent.

The Australian share market has finished lower ahead of Tuesday's federal budget.