Business
Markets
Live
Markets Live
ASX up 0.2%; BHP’s iron ore output drops, Macquarie hits $193
The ASX200 gained 0.3% to touch 7400 this morning, but has since softened. Materials are dragging, but all other sectors are higher.
- by Lucy Battersby and Colin Kruger
Latest
The ‘risk-free’ crypto trade is back in a big way
The closest thing to a safe bet has re-emerged in the cryptocurrency market as traders – awaiting the launch of the first bitcoin exchange-traded fund – bid up the price of futures.Â
- by Vildana Hajric and Katie Greifeld
Analysis
Mergers & acquisitions
Pandemic boom: Wall Street’s biggest dealmakers have never been busier
The world is experiencing economic upheaval caused by the pandemic, trade disputes and geopolitical tension. And dealmakers at America’s biggest banks are the busiest they have ever been.
- by Lananh Nguyen
Updated
World markets
ASX set to slide as Wall Street wobbles on China, inflation worries
Wall Street has made a mixed start to the week with a range of issues facing investors.
- by Damian Troise
As it happened: ASX up 0.3% to three-week high
The S&P/ASX 200 ended Monday’s session at a three-week high of 7,381 points.
- by Lucy Battersby and Colin Kruger
ASX set for bright start as earnings boost Wall Street
Wall Street wraps up its best week since July as earnings continue to impress.
- by Stan Choe and Alex Veiga
‘A recipe for disaster’: Unregulated and untamed, meet the crypto influencers
Australian crypto influencers are building fan bases in the hundreds of thousands by posting about the enviable lifestyles fuelled by their trading activities and encouraging their followers to do the same.
- by Sarah Danckert
‘Finfluencer’ follower wins nearly $500,000 in court over failed investment
The case marks the first time in Australia that a follower of a cryptocurrency influencer has successfully sued the celebrity trader for losses incurred on an investment.
- by Sarah Danckert
As it happened: ASX closes 0.7% higher, Qantas brings forward flights
The ASX200 closed 0.7% higher, gaining 50.3 points, to close at 7362, with most sectors in the black.
- by Emma Koehn and Colin Kruger
The mysterious surge of North Korea’s currency
In normal economies, currencies weaken in times of difficulty, but something counter-intuitive is happening in North Korea: the won is surging just as things are getting worse.
- by Hooyeon Kim
‘Anyway-it-wins’: why the US dollar looks unstoppable
Nothing seems to be slowing down the love for the US dollar, with a wave of bullish bets unleashed on the greenback.
- by Brody Ford and Libby Cherry