Latest
- Live
- Markets Live
Wall St falls; Apple, Alphabet, Microsoft report
Google lifts advertising revenue 69pc, EPS up 169pc, Apple lifts iPhone sales 50pc, Microsoft lifts EPS 49pc. ASX futures up 0.5pc.
- 24 mins ago
- Tom Richardson, Vesna Poljak, William McInnes and Richard Henderson
ASX to fall, Wall Street retreats, mega techs report
Australian shares are set to fall, following selling in Europe and the US. Apple, Alphabet and Microsoft reported quarterly results. US 10-year yield drops.
- Timothy Moore
Bond markets sound warning around peak growth
Fears over the rapidly spreading delta variant and rising inflation have driven real yields in the US and Europe to record lows.
- William McInnes
Records shattered on ASX as profits impress, takeovers heat up
The S&P/ASX 200 Index closed 0.5 per cent higher to an all-time high of 7431.4 points. Temple & Webster surged 7.4 per cent to $12.47.
- Vesna Poljak
ASX record high; BlueScope, OZ Minerals jump
S&P/ASX 200 sets new peak; Rio Tinto cuts aluminum production after organised labour talks falter; OZ Minerals increases copper production.
- Updated
- Richard Henderson, William McInnes, Tom Richardson and Vesna Poljak
China’s education sector crackdown hits foreign investors
The changes are part of the Chinese Communist Party’s drive to make raising children and education more affordable.
- Ryan McMorrow and Sun Yu in Beijing and Tabby Kinder and Thomas Hale in Hong Kong
Opinion & Analysis
Flood of new BNPL entrants cranks risk for investors
The stunning growth of the sector is bringing new regulatory attention and highlights how merchant fees may be vulnerable to pressure.
Markets reporter and commentator
Hawks and doves: Who’s who in a divided Fed
Debate over when to start ‘tapering’ $162 billion of asset purchases will intensify this week.
Contributor
Reflation trade’s last bright spot shines on Canadian dollar
The inverted shape of the Canadian currency’s volatility curve suggests investors remain confident in the outlook that calm will prevail.
Contributor
Why this market veteran believes shares won’t be locked down
The sharemarket’s rise in the face of pandemic lockdowns might look odd, but the composition of the ASX is very different to the real economy, says AFIC’s boss.
Columnist
Companies in the News
Oil Search
Westpac Banking Corporation
Crown Resorts
Updated: Jul 27, 2021 – 3.58pm. Data is 20 mins delayed.
Search companies
View stories and data from an ASX listed company
Meet the Fundie
‘Nine of the last 10 years have been pretty horrible’
Dougal Maple-Brown says the past few years have been tough but in fiscal 2021, his fund returned 31.3 per cent, beating its benchmark, at 28.5 per cent.
- William McInnes
Jennison’s Mark Baribeau on the art of growth investing
Jennison Associates’ head of equities is sticking with growth stocks, including Tesla, which he remains convinced will be the winners in the long run.
- Jonathan Shapiro
Joseph Lai’s Ox Capital is centuries in the making
The emerging markets manager’s new venture is the result of a lifetime of investment learning for the ex-Platinum fundie, elevating hard work and humility.
- Vesna Poljak
Yesterday
- Analysis
- Fintech
Flood of new BNPL entrants cranks risk for investors
The stunning growth of the sector is bringing new regulatory attention and highlights how merchant fees may be vulnerable to pressure.
- Tom Richardson
- Analysis
- Monetary policy
Hawks and doves: Who’s who in a divided Fed
Debate over when to start ‘tapering’ $162 billion of asset purchases will intensify this week.
- Colby Smith and James Politi
Tether executives reportedly to face bank fraud probe
A US, probe into Tether is homing in on whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market.
- Tom Schoenberg, Matt Robinson and Zeke Faux
- Opinion
- Inflation
Reflation trade’s last bright spot shines on Canadian dollar
The inverted shape of the Canadian currency’s volatility curve suggests investors remain confident in the outlook that calm will prevail.
- Robert Fullem
AQR bond quant’s ‘sacrilegious’ view
What Jordan Brooks found is that investors tend to overemphasise policy decisions from the Federal Reserve and other central banks.
- Sonali Basak
Bitcoin nears $US40,000 as shorts fuel rally on Amazon speculation
A job posting by Amazon sparked speculation about whether the online retailing behemoth may sooner than later start accepting bitcoin as a method of payment.
- Joanna Ossinger and Vildana Hajric
Mesoblast boss won’t answer share deal questions
The biotech’s chief executive will not be fielding queries over a reconciliation gap of up to 27.7 million stocks in a previous contract.
- Tom Richardson
- Opinion
- Chanticleer
Why this market veteran believes shares won’t be locked down
The sharemarket’s rise in the face of pandemic lockdowns might look odd, but the composition of the ASX is very different to the real economy, says AFIC’s boss.
- James Thomson
Coffee surges to seven-year highs with more cold headed for Brazil
Prices for the high-end beans favoured by Starbucks and other cafe chains have surged more than 30 per cent in a week.
- Marvin G. Perez and Fabiana Batista
ASX to rise, Dow edges higher, bitcoin surges anew
Australian shares to rise, US stocks edge higher, mining stocks rally, bitcoin briefly tops $US40,000. And your flat white is going to cost more.
- Timothy Moore
This Month
Miners lift shares to intraday record
The S&P/ASX 200 hit a new record intraday high of 7417.6 points in the morning, before falling slightly to finish flat for the day.
- Tom Richardson
Towering AFIC weathers profit dip to maintain dividend
Australia’s largest listed investment company has tapped franking credit reserves to help match last year’s dividend.
- Richard Henderson
Stock bulls look towards $US17trn burning a hole in pockets
The unending appetite for stocks led equity ETFs to break their annual record in April, and the pace hasn’t slowed since.
- Updated
- Claire Ballentine
ASX flat; Best & Less rises on debut
The local sharemarket hit a record high earlier in the session; GPT Group has withdrawn guidance; Lynas soars on record quarter. Follow the latest here.
- Updated
- Vesna Poljak, Tom Richardson, Richard Henderson and William McInnes
ASX to rise, Wall St extends bull rally
Australian shares are set to advance at the open, extending last week’s record run. Dow resets its record high. Earnings, Fed meeting in focus this week.
- Timothy Moore
Virus clouds outlook as ASX profits soar 35pc
Australian companies are set to deliver earnings growth but the good news will be overshadowed by the economic paralysis inflicted by Greater Sydney’s lockdown.
- Vesna Poljak
‘Nine of the last 10 years have been pretty horrible’
Dougal Maple-Brown says the past few years have been tough but in fiscal 2021, his fund returned 31.3 per cent, beating its benchmark, at 28.5 per cent.
- William McInnes
- Opinion
- Australian economy
Australia is heading back into recession
Australia is heading back into recession through the second half of the year. This will look and feel very different to last year’s downturn. It will be less dramatic, though more protracted, writes Grant Wilson.
- Updated
- Grant Wilson
Profit surprises help Wall Street to record
Better-than-expected profits and strong economic data helped Wall Street rally to record highs on Friday, as the market continued to roar back.
- Damian Triose and Stan Choe
