20 hrs ago
Australia shares down 0.7 pct, gold miners firmer
Australian shares fell 0.7 percent in late morning trade on Tuesday, with investors taking profits following the market's run-up to 5-1/2-year highs and ahead of the central bank's May meeting minutes.
Market Close: NZ shares fall; Mainfreight, Diligent decline
New Zealand shares fell on concern prices have run up ahead of earnings and profit downgrades in Australia weighed on companies with businesses across the Tasman, including Mainfreight, Australia & New Zealand Banking Group, Westpac Banking Corp and AMP.
Fri May 17, 2013
Australian shares end up; Aussie dlr weakness helps, BHP rebounds
Australian shares rose 0.3 percent on Friday as firms exposed to the U.S. market benefited from further weakness in the Australian dollar, while big-cap miners like BHP Billiton Ltd rebounded on short-covering. BHP jumped 1.9 percent while rival Rio Tinto Ltd climbed 1.1 percent, which helped offset a weak lead from Wall Street overnight, analysts ... (more)
Thu May 16, 2013
Asian stocks mixed in holiday-thinned trading after US economic data disappoints
Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. Applications for unemployment benefits jumped to their highest level in six weeks, the U.S. Labor Department reported Thursday, while manufacturing slowed in the mid-Atlantic region.
Thu May 09, 2013
The Washington Post
ANZ Cuts Loan Rate More Than RBA for First Time Since 2008
Australia and New Zealand Banking Group Ltd. cut its benchmark mortgage rate by 27 basis points, the first time one of the nation's four major lenders passed on more than the central bank's reduction since October 2008.
Wed May 08, 2013
Australia shares edge up after local jobs, China inflation data
Australian shares edged up 0.2 percent in late morning trade on Thursday, notching a new high since July 2008, as miners made further gains and overall sentiment was buoyed by strong local employment data.
Press Digest-Australian Business News - Thursday, May 9
The "two strikes" rule that allows a vote against the remuneration report by 25 percent of shareholders to remove board members will be used as a tool during hostile takeovers, said David Gonski, chairman of Coca-Cola Amatil at the Australian Shareholders' Association conference in Sydney yesterday.
Sun May 05, 2013
Australia job advertisements fell 1.3 pct in April-ANZ
Australian job advertisements in newspapers and on the Internet fell for a second straight month in April in a sign firms are still cautious on hiring despite evidence of a revival in consumer demand.
Thu May 02, 2013
UPDATE 1-Australia's Westpac posts 10 pct rise in H1 cash profit
Westpac Banking Corp, Australia's third-largest lender, posted a forecast-beating half-year profit on Friday, rewarding investors with a special dividend as it grew both its deposits and loan books while curbing costs.
All Things Digital
Alibaba Obtains $8 Billion Loan
Chinese e-commerce company Alibaba Group Holding Ltd. has obtained an US$8 billion loan from nine banks, a person with knowledge of the matter said.
ANZ Plans 7-Year Euro Benchmark Covered Bond Issue
Australia and New Zealand Banking Group Ltd. is planning a benchmark-size, euro-denominated, seven-year covered bond, one of the banks running the deal said Thursday.
Tue Apr 30, 2013
Australian shares soar to highest close since June 2008, ANZ hits record high
Australian shares climbed 1.3 percent on Tuesday to close at their highest level in almost five years, led by sharp gains in the financial sector as Australia and New Zealand Banking Group jumped to a record high after a strong earnings report.
Video: NAB Has Most `Upside' Among Aussie Banks
Ric Spooner, chief market analyst at CMC Markets in Sydney, talks about the business outlook for Australia & New Zealand Banking Group Ltd.
Australia shares seen higher on US, Europe stimulus hopes
Australian shares are set to open higher on growing hopes that the U.S. and European central banks will take steps to stimulate growth and on a bigger-than-expected hike in Australia and New Zealand Banking Group's first-half dividend.
Mon Apr 29, 2013
Asia Markets: Australia Stocks Rally, But Japan Drops
Most Asian markets rose early Tuesday after a strong finish on Wall Street, with Australian shares climbing to their best level in years and Hong Kong rallying as well, though Japanese blue-chips declined as the yen strengthened.
ANZ Bank First-Half Cash Profit Rises 10% as Expenses Drop
Australia & New Zealand Banking Group Ltd. , the nation's third-largest bank by market value, said first-half cash profit climbed 10 percent as costs dropped.
ANZ New Zealand maintains momentum
Australia and New Zealand Banking Group Limited 2013 half year results were released today, showing a lift in performance for ANZ New Zealand with statutory profit of NZ$655 million, up 1% on the preceding half.
Sun Apr 28, 2013
Australian Stocks Head Higher As Financials Gain
Australian stocks rose Monday, with financial issues leading advances for the benchmark.
Mon Apr 22, 2013
Australian shares gain 0.9 pct, investors await Chinese PMI
Australian shares rose 0.9 percent on Tuesday after Wall Street climbed overnight, but gains were kept in check as miners lost ground on weak metals prices and as investors await crucial manufacturing data from China for further indication of the growth outlook.