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At the core of AAP Newswire is our unbiased, 24/7 breaking newswire that feeds the latest news from Australia and the world. Supported by over 200 journalists, AAP Newswire provides the news that matters.

Shares open 25pts higher

The Australian share market has opened higher as investors welcome the increased popularity of centrist pro-Euro candidate Emmanuel Macron in the first round of the French presidential election.

$A higher against $US

The Australian dollar is higher against its US counterpart despite the US dollar index stengthening with traders squaring positions ahead of the weekend.

Oil dives, sending US crude below $USUS50

Oil prices have tumbled more than 2 per cent, notching the biggest weekly decline in more than a month on mounting evidence that US production and inventory growth were offsetting OPEC's attempts to reduce the global crude glut.

Gold climbs quietly ahead of French vote

Gold prices have risen slightly with investors awaiting the first-round of voting in the presidential French election at the weekend and possible announcements about tax changes in the United States.

Shares close 32pts higher

The Australian share market has closed higher, boosted by positive overseas leads and a lift in the price of iron ore.

15-year ban for Perth real estate agent

A Perth real estate agent who forged signatures on fake contracts to pocket $30,000 has been banned from working in the industry for 15 years.

CBA hikes interest-only and investor rates

Commonwealth Bank of Australia is again lifting mortgage rates for investor and interest-only loans, by as much as half a percentage point.

Woolworths wins dispute with Lowe's

Woolworths can press ahead with the sale of Masters' property assets after winning a stoush with former US joint venture partner Lowe's.

Shares open 41pts higher

The Australian share market is trading solidly higher after better-than-expected company earnings reports bolstered Wall Street's key indexes.

$A creeps higher against $US

The Australian dollar is modestly higher against its US counterpart with investors seemingly willing to take on greater risks.

Oil prices mixed in choppy trade

Oil prices have ended mixed after a seesaw trading session, as investors weighed rising US production against geopolitical uncertainties and comments from leading Gulf oil producers that an extension to OPEC-led supply cuts was likely.

Gold steady on softer $US

Gold has steadied after its biggest one-day drop in more than six weeks, with a retreat in the US dollar arresting the slide, though moves were muted as markets await the outcome of the looming French presidential election.

Shares close 17pts higher

The share market has broken a three session losing streak as investors returned to the major banks, and a telco sector where Telstra is facing new competition.

Amazon confirms it's coming to Australia

E-commerce giant Amazon has confirmed it will launch its full retail offering in Australia and is inviting local retailers to sign up.

Rio shipments hit by bad weather

Mining giant Rio Tinto has made a sluggish start to the year, with first-quarter shipments and production of iron ore affected by bad weather in Western Australia.

Shares open 15pts higher

The Australian stock market has opened higher following three consecutive negative sessions, buoyed by gains in financial, real estate and retail shares.

Oil slides to 2-wk low on US petrol build

Oil has tumbled to a two-week low, after a surprising build in US petrol inventories and a rise in domestic crude output that is partially offsetting cutbacks by other countries trying to reduce a global glut.

Gold slips as $US and Treasury yields rise

Gold has fallen one per cent as the US dollar and stocks have gained, though tensions over North Korea and upcoming French and UK elections underpinned demand in the safe-haven asset.

$A falls against $US

The Australian dollar is lower against its US counterpart which has retraced its losses from the previous session.

Shares close 32pts lower

The share market has fallen for a third straight session, pulled back by weakness in the financial and energy sectors as geopolitical concerns continue to weigh on investor sentiment.

Corporate opposition to 457 visa axing

Parts of corporate Australia have attacked the federal government's axing of 457 immigration work visas, claiming it is a politically driven move and unfairly targets less than 1 per cent of the workforce.

Wages and debt weigh on confidence: ANZ

Low wage growth, rising household debt and global geopolitical tensions are all weighing on consumer confidence, ANZ Banking Group says.

Palmer goes quietly from politics

Clive Palmer is formally waving goodbye to politics and disbanding his political party.

Shares open 24pts lower

Falls across the heavyweight financials, energy and material sectors pushed the Australian share market lower in early morning trade.

Wall St falls as results disappoint

Disappointing quarterly results from corporate heavyweights Goldman Sachs and Johnson & Johnson are dragging down major Wall Street indices.

$A up slightly on Trump fiscal certainty

The Australian dollar is trading slightly higher as the weaker greenback is offset by lower iron ore prices and dovish comments from the Reserve Bank of Australia.

Gold surges on geopolitical fears

Gold turned higher on Tuesday, nearing the prior session's five-month peak, bolstered by a softer dollar, lower US Treasury yields, North Korea tensions and nervousness ahead of the French presidential election.

Shares close 53pts lower

The share market has fallen after the heavily weighted mining, energy and banking sectors were sold off amid commodity price falls and global political concerns.

TPG to raise $400m for mobile network

TPG Telecom shares have slumped in their first trading session since the internet provider launched a capital raising to help fund its plan for its own mobile network.

Shares open 49pts lower

The Australian share market is trading lower following falls in iron ore and oil prices and as tensions between the US and North Korea weigh on investor sentiment.

Gold pares gains from 5-month high

Gold pared gains from a five-month high on Monday, losing steam as U.S. Treasury yields turned higher and the dollar came off its lows, after rising geopolitical tensions over North Korea spurred earlier safe-haven buying in bullion.

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Most-read

15-year ban for Perth real estate agent

A Perth real estate agent who forged signatures on fake contracts to pocket $30,000 has been banned from working in the industry for 15 years.

Western Force set up to fail: chairman

Western Force chairman Tony Howarth says the club's efforts to succeed have been undermined by Australian rugby powers.

RCR wins another solar energy deal

Engineering and infrastructure firm RCR Tomlinson has won its second contract within a month to design and build a solar energy farm.

Fears for Cockatoo Island mine seawall integrity

Water is being pumped out of a disused iron ore mine on a Western Australian island after pit walls slumped, sparking fears it could collapse and contaminate the ocean on the other side.

most commented

Corporate opposition to 457 visa axing

Parts of corporate Australia have attacked the federal government's axing of 457 immigration work visas, claiming it is a politically driven move and unfairly targets less than 1 per cent of the workforce.

Sympathy but no action on WA GST: Morrison

Treasurer Scott Morrison insists Western Australia's low share of the GST carve up is not his doing, saying he understands the state's frustration but won't intervene.

Western Force set up to fail: chairman

Western Force chairman Tony Howarth says the club's efforts to succeed have been undermined by Australian rugby powers.