Business
Investments
Apple juices Wall Street as indexes climb for another week
A surge in shares of heavyweight Apple helped push up major Wall Street indexes on Friday, as investors also assessed a mixed US labor market report.
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Pot stock investors remain positive despite mixed results for sector
There are mixed performances in pot stocks, but the industry has investors enthralled.
- by Jessica Sier
ASX hits two-and-a-half-year highs after hectic week
The Australian sharemarket extended its hot streak this week to close at the highest since 2015 amid a busy schedule of corporate updates.
- by Patrick Commins and Jessica Sier
Apple on track to become the first $US1 trillion company as shares hit fresh record
Apple shares shoot to new record, keeping it on track to become the first $US1 trillion company.
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8@eight: ASX to open higher; Powell confirmed by Fed
The local sharemarket is set to open in positive territory as Wall Street inched higher overnight.
- by John Kicklighter and Tyler Yell
Donald Trump names Jerome Powell to head Fed
US President Donald Trump has tapped Fed governor Jerome Powell to head the US central bank, promoting a soft-spoken centrist to replace Janet Yellen when her term expires in February 2018.
Bank of England raises interest rates for the first time in a decade
Bank of England policy makers raised interest rates for the first time in a decade, yet showed concern for Britain's Brexit-dented economy by indicating that another increase isn't imminent.
- by Lucy Meakin
Australia's nickel industry is at a 'natural turning point'
Lithium and cobalt have ridden the battery technology boom and now it could be nickel's turn for an electric vehicle-related lift.
- by Jessica Sier
'Never say never': another GFC possible, says former US Federal Reserve board member Randall Kroszner
The world isn't in the "all clear" when it comes to the possibility of another financial crisis, says former US Federal Reserve board member Randall Kroszner.
- by Nassim Khadem
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8@eight: ASX set to inch higher
The local sharemarket is set to inch higher at the open as the 6000-point gets closer.
- by Chris Weston
Fed leaves rates unchanged; 'solid' growth keeps December hike in view
As expected, rates were kept on hold but outlook is positive.
- by Lindsay Dunsmuir and Howard Schneider