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Antares board changes rejected

Shareholders in energy company Antares have rejected a move by an investor to reshuflle the company's board.

Fatfish makes positive ASX debut

Internet incubator Fatfish has made a positive debut on the Australian stock exchange and has some Australian ventures under consideration.

Home construction expected to lift

Master Builders Australia is forecasting construction of more than 200,000 new homes will begin over the next three years.

Shares to rise despite global turmoil

Investors are taking extreme caution due to escalating global conflict, but one expert expects the local market to continue its recent rise.

Rates will be cut if needed: Stevens

RBA governor Glenn Stevens has left the door open to more interest rate cuts, saying they could fall further if they need to.

80% of exports to go to Asia by 2020

Australia is becoming increasingly integrated into Asia, with around 80 per cent of our imports to go to the region by the end of the decade.

Markets unfazed by global tensions: RBA

RBA governor Glenn Stevens says financial markets appear unfazed by tensions in the Middle East and Ukraine.

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Key overseas finance markers

AAP 06:51AM The stock market in New York has closed HIGHER, with preliminary figures for the Dow Jones Industrial Average UP 60.01 points at 17,111.74 and the broad-based S&P 500 UP 9.82 p...

Australian market set to open higher

SYDNEY, July 23 AAP 06:57AM The Australian market looks set to open higher following strong gains on international markets as investors welcomed news pro-Russian rebels had handed over the black boxes from th...

$A boosted by weaker US data

AAP 06:45AM Currency snapshot at 0630 AEST on Wednesday

US stocks rise on housing report

NEW YORK, July 22 AFP 06:47AM US stocks have finished higher following a busy day of corporate earnings and a report showing the highest level of existing-home sales in eight months.

Oil prices drop despite conflict worries

NEW YORK, July 22 AFP 06:19AM Oil prices have fallen modestly despite geopolitical tensions over war-torn Ukraine and a raging battle in the Gaza Strip.

BES' main shareholder in receivership

LUXEMBOURG, July 22 AFP 04:08AM The main shareholder of troubled Banco Espirito Santo has been placed in receivership as Portugal's largest listed lender announced it has sold off the bulk of its Swiss-based priv...

Barclays, Deutsche Bank in US 'tax scheme'

WASHINGTON, July 22 AFP 03:40AM Two of Europe's largest banks, Barclays and Deutsche Bank, have sold complex financial products that allowed hedge funds to avoid US taxes, a US Senate report says.

European markets close higher

LONDON, July 22 AFP 03:27AM Europe's main stock markets have jumped as investors welcomed news that pro-Russian rebels had handed over the black boxes from downed flight MH17, easing concerns over the disaste...

Benign inflation should keep rates low

SYDNEY, July 23 AAP 02:29AM A slowdown in consumer demand is expected to have helped keep a lid on inflation in the June quarter, allowing the Reserve Bank to keep the cash rate at its record low.

US existing-home sales leap

WASHINGTON, July 22 AFP 01:15AM Sales of existing US homes in June hit the highest level in eight months as home price gains slowed to "more welcoming levels", the National Association of Realtors says.