Aust shares cling to positive territory

Australian shares have ended Monday slightly higher despite falls for the major banks, as mining stocks gained ground and reporting season began its busiest week.

Morning Headlines

PM’s leadership on knife edge

Oil rises higher but trade worries persist

Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the US market while trade disputes and slowing global economic growth would dampen demand for oil.

Wall Street rises on upbeat trade news

US stocks have closed higher with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.

ASX ends week above 6,300 as tensions ease

Australian shares have closed higher and the benchmark index has established a fresh 10-year high as an easing in US-China trade worries underpinned a week of solid company results.

Lock to join CBH Board

Former chief executive of Craig Mostyn Group David Lock has been appointed independent director of the CBH Group board, replacing current member David Willis.

Australian shares subdued at the start

Australian shares have opened subdued, , despite Wall Street rallying overnight, as weakness in materials and healthcare shares continues to weigh amid a cautious approach by investors.

Morning Headlines

Blitz on $1b gold GST claims

Oil steadies but outlook grows gloomy

Oil prices rose slightly as global markets steadied, recovering some of the previous day's two per cent slide, though a weakening outlook for crude demand kept prices in check.

Wall St rallies on earnings, trade talks

US stocks have rebounded with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.

ASX ends flat after oil, mining slump

Australian shares have closed flat, despite strong individual performances from Telstra, Treasury Wine Estates and QBE as materials and energy stocks came under pressure.

Turkey, trade worries hit Wall Street

US stock indexes have fallen in a broad-based decline, hurt by concerns over the strong US dollar and Turkey's currency crisis, as well as the trade tensions with American trading partners that have dominated the first half of 2018.

Morning Headlines

Wage growth at zero puts lid on rate hikes

CSL lifts ASX to new 10-year high

Australian shares have hit a fresh 10-year high, with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks.

Aust shares stumble at the start

Australian shares have started lower, despite overnight gains on Wall Street, weighed down by declines in resources and a number of blue-chips trading ex-dividend.

Oil slips on strong US dollar pressure

Oil prices have edged lower, weighed down by a strengthening US dollar as investors remained concerned about the financial crisis in Turkey.

Morning Headlines

Turnbull’s leadership test as 10 Coalition MPs reserve right to cross floor

Wall St gains on upbeat earnings

Wall Street's three major indexes have risen with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion.

Banks drive relief rally in Aust shares

Australian shares have risen, with banks leading near across-the-board gains and an easing in investor concerns over the tension between the US and Turkey.

Morning Headlines

Coalition shies from taking tax cut to voters

Oil edges lower on demand fears

Oil prices have fallen after data suggested inventories at the US crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel demand.