Search

AAP

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.

Miners lead upbeat start for Aust shares

The Australian share market has started the day on positive footing, buoyed by the major miners following the recent lift in the price of iron ore.

$A slips a little vs slightly stronger $US

The Australian dollar has slipped a little against its US counterpart which has strengthened to a one-week high against a basket of six major currencies.

Rising US oil output offsets OPEC worries

Oil prices are little changed, trading near their highest since May 2015, as political concerns in some OPEC nations offset projections for higher US oil production.

Gold dips further as US dollar fights back

Gold has edged lower, retreating further from last week's 3-1/2-month high as the US dollar regained some ground against the buoyant euro and traders bet on further US interest rate hikes after Friday's payrolls data. The dollar, which has remained weak after its biggest annual drop since 2003, had helped to lift assets priced in the US currency, with gold last week registering a fourth straight weekly gain for the first time since April.

Aust shares tiptoe higher on quiet trade

Australian shares have closed slightly higher despite the market giving up most of its early gains, lifted by support for big banks, telcos and healthcare stocks.

Aussies complete 4-0 series win at SCG

Australia have completed a 4-0 Ashes series win, with Pat Cummins' express pace easing his side to victory by an innings and 123 runs in the SCG finale.

Aust shares follow world indexes, open up

The Australian share market has opened comfortably higher after key indexes around the globe made solid gains.

$A is comfortably higher against $US

The Australian dollar is comfortably higher against a US dollar that has strengthened despite slightly amid weaker-than-expected US jobs data.

Oil retreats on US output rise

Oil prices have dropped from highs last seen in 2015, as soaring US production undermined a 10 per cent rally from December lows that was driven by tightening supply and political tensions in OPEC member Iran.

Belgium claims 3-0 win over Canada

Belgium has secured the tie win against Canada in the Hopman Cup at Perth Arena today.

Resurgent banks help shares close higher

Australian shares have closed higher on broad-based gains, led by banking stocks and a materials sector boosted by rising commodity prices.

Billabong backs rival Quiksilver takeover

Billabong is recommending shareholders accept a formal buyout proposal by the owner of Quiksilver, Roxy and DC Shoes.

US gains flow through to Aust share market

Australian shares have opened comfortably higher, following strong gains in commodities and US markets where the Dow Jones index broke above the 25,000 mark for the first time.

Gold steadies with rate rises in focus

Gold has steadied around a 3-1/2-month high as prospects for further US interest rate increases put the brakes on a recent rally, while palladium touched record highs on tight supplies.

Oil highest since 2015 on drawdown, unrest

Oil has risen to its highest since May 2015, on concern about supply risks due to unrest in Iran and another decline in US inventories as refining activity hit a 12-year high.

$A up on $US amid commodity price lifts

The Australian dollar has marched higher against the US dollar following a rise in commodity prices.

Aussies strike late, Poms 5-233 at stumps

Hobbled spearhead Mitchell Starc has struck late on day one of the Ashes series finale, denying Joe Root a century and reducing England to 5-233 at stumps.

Khachanov drags Russia off bottom rung

Japan will finish last in Group B of the Hopman Cup after going down to Russia in the mixed doubles at Perth Arena today.

Aust shares end on energy, healthcare high

Australian shares have ended slightly higher with strong performances in the healthcare and energy sectors helping offset a weak session for the big miners and banks.

Medicinal cannabis stocks up on export move

Medicinal cannabis producers have welcomed the Australian government's decision to approve exports of their products.

Australian shares up on strong US lead

Australian shares have opened comfortably higher mimicking Wall Street where technology stocks drove the S&P500 above 2,700 for the first time.

Oil soars on Iran tensions, upbeat data

Oil prices have risen nearly 2 per cent to their highest in two-and-a-half years, with buying spurred on by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany.

$A rebounds against stronger $US

The Australian dollar is rebounded against a rallying US dollar, supported by strong iron ore prices.

Gold holds losses after Fed minutes

Gold prices have fallen, extending losses after the Federal Reserve released minutes of its December policy meeting, which fed the view among investors that more US interest rate rises are in store.

Australian shares higher on energy, mining

Australian shares have closed higher as surging iron ore and coking coal prices helped lift energy and mining sectors.

Yowie shares slump after guidance slashed

Yowie shares have slumped to a near-five-year low after the confectionery maker slashed its full-year sales guidance and replaced its chief executive.

Australian shares in 'wait and see' mode

The Australian share market has opened marginally higher on the back of a positive lead from Wall Street where two of the three stock indexes hit record closing highs on its first trading day for 2018.

Gold prices extend rally on weaker $US

Gold has extended its rally into the new year, touching late September highs on a softer US dollar, while spot palladium jumped to a record on fears of short supplies after soaring 57 per cent in 2017.

Oil hits mid-2015 peak but settles down

Oil prices have hit mid-2015 highs early on their first trading session for 2018, before dipping to settle slightly lower as major pipelines in Libya and the UK restart and US production soared to the highest level in more than four decades.

$A is slightly lower against sinking $US

The Australian dollar is slightly lower against its US counterpart, which has fallen to a three-month low in its first trading session for 2018, but has plunged against the yen and the euro.

Share market's good run comes to an end

The share market has posted its first fall for the week as selling in the financial and property sectors outweighed gains by energy producers, miners and retailers.

Pages

Most-read

Downer awarded $400m WA mining contract

Downer EDI has been awarded a $400 million contract to provide mining services at the Gruyere Gold Project in Western Australia.

Building approvals jump 11.7%

Approvals for the construction of new homes have jumped by 11.7 per cent in November, boosted by a spike in apartment and townhouse construction activity in Victoria, Western Australia and Tasmania.

Medicinal cannabis stocks up on export move

Medicinal cannabis producers have welcomed the Australian government's decision to approve exports of their products.

Reprieve for School of the Air

The Western Australian government has backflipped on a decision to scrap regional educational provider School of the Air along with the Gifted and Talented and Follow the Dream programs after a widespread community backlash.

most commented

Building approvals jump 11.7%

Approvals for the construction of new homes have jumped by 11.7 per cent in November, boosted by a spike in apartment and townhouse construction activity in Victoria, Western Australia and Tasmania.