The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have …
Telstra announced plans to invest in its future today, and the share price plunged more than 10 per cent. Investors were shocked - shocked! - that a company would decide to hold on to some profit to invest in the development of the …
Following last year’s launch of Australia’s first Islamic Australian equity fund, Thomson Reuters and Crescent Wealth have announced the launch of a specialised index that will give investors the means to build an Islamic-compliant Australian …
Sonic Healthcare's stock rose the most in more than nine months in Sydney trading today after the Australian Financial Review said Quest Diagnostics is considering bidding for the company. Sonic shares gained 3.4 percent, valuing …
In today's Wall Street Journal Asia print edition, Lyndal McFarland reports on the Australian Stock Exchange's position in an environment of consolidation among global exchanges in: ASX Prepared for Global Role. Despite reporting a 19% …
CANBERRA, July 26 (Xinhua) -- The Chinese central government's recent intervention to stem the panic in the stock markets is justified because a strong signal needs to be sent to the markets and the government did this, James …
Sydney, Nov 30 (IANS) Resources weigh at Australia's open as the market traded lower ahead of a dump of economic data this week. At the 10.15 a.m. (AEDT) official market open, the benchmark S &P/ASX200 index was down 12.4 points, or …
Concerns over Hungary’s ability to repay its debts and disappointing jobs figures from the United States weighed on the Australian stock market at the opening bell Monday. The ASX 200 slid 120 points, or 2.7 per cent, to 4,209. The …
The gold bull is just taking a giant breather during a very long bull market, which is the good news. To prove this correction is now a 'bear' market, gold would have to trade under the 2008 low and I strongly suggest this is unlikely. With the first …
The Australian Securities Exchange (ASX ... Goldman Sachs said that the use of blockchain in stock trading could help the industry save $6 billion annually across the globe. Other prominent exchanges that are experimenting with …