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Friday September 19, 07:55ASX higher as bargain hunters buy up banks, Telstra

Another day, another record on Wall Street. Down under on the ASX gains have been more modest of late. Leading the market higher today was a bounce in the blue chip banks, with the miners struggling as commodity prices were lower.

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Friday September 19, 08:10UPDATE: Alibaba surges 46% after raising 21.8 bln in IPO

Alibaba Group Holding (NYSE:BABA) soared in its market debut today, trading as much as 46 percent above its initial public offering price of $68 and making the Chinese e-commerce company one of the most valuable companies in the U.S. The stock opened at $92.70 and nearly hit $100 on the New York Stock Exchange.

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Friday September 19, 09:30Minera Gold completes acquisition of gold-copper plant in Peru

Minera Gold (ASX:MIZ) is on the road to generating earnings with the acquisition of the San Santiago gold and copper processing plant in Peru, and has now settled the deal with management [...]

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