Business
Markets
As it happened: ‘Directionless’ ASX meanders to best week in seven
The ASX 200 gained 0.5% on Friday to cap a 1.7% weekly rise. It was the market’s best week in seven, despite equities often struggling for direction.
- by Alex Druce
Latest
Updated
World markets
ASX set for gains as Wall Street rallies late
Wall Street stocks rose in a late-day rally on encouraging employment statistics and an optimistic speech from President Joe Biden.
- by Herbert Lash
Australian bitcoin mogul remains at large after surrender of boss
BitMEX boss Arthur Hayes has agreed to hand himself in after Easter but former Gordon resident Greg Dwyer is yet to broker such an arrangement with US authorities.
- by Sarah Danckert
Opinion
Cryptocurrencies
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Why should celebrities, athletes and artists have all the fun? Why can’t a journalist join the NFT party, too?
- by Kevin Roose
Opinion
Currencies
Tightening its grip: China’s digital currency poses a threat to the West
China’s digital currency will extend Beijing’s surveillance powers and allow it to monitor every financial transaction made by its 1.4 billion people. It also has wider ramifications.
- by Robin Pagnamenta
As it happened: ASX rises 0.2%, ‘like two dogs pulling at a stick’
The ASX 200 finished narrowly in front on Thursday, adding 0.2% in a session that ricocheted early before meandering uneventfully through the afternoon.
- by Alex Druce
Bull or bubble? Experts wonder if Wall Street’s rally sustainable
The bull market on Wall Street turned a year old this week but it has led to questions that would have seemed unfathomable 12 months ago.
- by Matt Phillips
Updated
World markets
ASX set to open lower as Wall Street falls despite Yellen, Powell optimism
Optimism about the economic recovery by Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second-straight day.
- by Herbert Lash
As it happened: ASX gains 0.5% on stronger healthcare and financials
The S&P/ASX 200 gained 33.4 points on Wednesday to close 0.5% higher at 6778.8 points. It nearly got as high as 6800 during the session
- by Alex Druce and Lucy Battersby
Crypto hunters are chasing stolen and lost coins
A new industry that recovers looted Bitcoin and crypto locked inside wallets has sprung up.
- by James Titcomb
Updated
World markets
Wall Street stumbles as Yellen, Powell spook investors
US stocks tumbled as concerns about the cost of infrastructure spending and potential tax hikes to pay for President Joe Biden’s $US1.9 trillion relief bill weighed on investors who also fear further downside in the market.
- by Herbert Lash