SYDNEY, March 19 - Australia cannot escape further economic pain this year given the severity of the global recession, but aggressive monetary and fiscal stimulus will support demand over time, a top central banker said...
SYDNEY, Dec 17 - Shares in Commonwealth Bank of Australia Ltd <CBA.AX> (CBA), the nation's third-biggest lender by assets, were placed on trading halt on Wednesday pending an announcement, CBA said in a statement. It...
MELBOURNE, Nov 19 - Australian shares crawled higher in thin trade on Thursday, underpinned by the banks and property stocks after the top miners gave up early gains, while Insurance Australia Group Ltd <IAG.AX> climbed...
WELLINGTON, Oct 29 - Australian stocks dropped 2.1 percent on Thursday, as resources stocks fell on lower metal and oil prices and banks slid on a cautious outlook from Australia & New Zealand Banking Group...
WELLINGTON, Oct 28 - Australian stocks extended losses to over 1 percent on Wednesday, with banks leading the falls on profit-taking in the wake of National Australia Bank's <NAB.AX> results. Shares in NAB, Australia's top...
WELLINGTON, Oct 28 - Australian stocks were flat on Wednesday, as strength in defensive stocks balanced out weakness in financials such as National Australia Bank <NAB.AX> and in miners. Shares in NAB, Australia's top lender,...
WELLINGTON, Oct 28 - Australian stocks were little changed on Wednesday, with financial stocks muted after National Australia Bank <NAB.AX> reported earnings in line with forecasts and expressed caution over the outlook. The benchmark S&P/AS...
MELBOURNE, Oct 26 - Australian shares slipped 0.6 percent on Monday as investors awaited earnings from major banks and after disappointing results from U.S. industrial companies sent Wall Street lower. National Australia Bank Ltd <NAB.AX>...
MELBOURNE, Sept 29 - Australian shares rallied 1.5 percent on Tuesday, with resource companies and the major banks including National Australia Bank <NAB.AX> buoyed by gains on Wall Street sparked by a spurt of corporate...
MELBOURNE, Sept 25 - Australian stocks swung into the black to end 0.3 percent higher on Friday, as a resurgent banking sector outweighed weakness elsewhere, aided by an acquisition by Australia and New Zealand Banking...