Business
Markets
‘Very concerned’: ASIC chairman sounds alarm over crypto investing boom
The chair of corporate regulator ASIC has said he is very concerned about the rising number of cryptocurrency investors in Australia.
- by Dominic Powell
Latest
Updated
World markets
ASX jumps as Wall Street surges on inflation surprise
The local sharemarket is up after Wall Street stocks surged to three-month highs on the back of a welcome drop in inflation.
- by Stan Choe, Damian Troise and Angus Dalton
Updated
World markets
The Wrap: Tech tumble drags ASX below 7000 points
A slump in technology stocks has weighed down the ASX, snapping a four-day winning streak, while CBA shares retreated following the bank’s full-year earnings.
- by Angus Dalton
Wall Street’s meme-stock frenzy is back and ‘smart guys’ are baffled
Novice traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve.
- by Bailey Lipschultz and Elena Popina
Opinion
Oil
The US needs Putin to act rationally for its plan to succeed
The US plan to cap the price of Russian oil is the only option on the table that might avert another huge spike in prices and another surge in inflation. But the clock is ticking.
- by Stephen Bartholomeusz
Updated
World markets
The Wrap: Late push takes ASX to a two-month high
The Australian sharemarket overcame falling financials to notch a 0.1 gain during Tuesday’s session.
- by Angus Dalton
Updated
World markets
The Wrap: ASX closes flat after record jobs data, China export surge
The ASX stayed above the 7000-point mark by close after of a rocky trading day with a lift in miners and energy and a plunge in consumer discretionary.
- by Angus Dalton
Updated
World markets
The Wrap: ASX breaches 7000 points ahead of earnings season
BHP and the mining sector pulled the ASX higher to cap off a positive week with a solid rise, although energy stocks regressed despite strengthening the index this year.
- by Lachlan Abbott
The hard-core evangelists who love Bitcoin but hate crypto
The crypto market has tumbled but these true believers are not slowing down with their Bitcoin purchases.
- by David Yaffe-Bellany
Updated
World markets
The Wrap: ASX dips below 7,000 as weak energy stocks limit tech gains
The Australian sharemarket ran out of puff as the arm wrestle between the rising tech sector and falling resources stocks ended in a draw.
- by Lachlan Abbott
Opinion
Nancy Pelosi
Pelosi’s Taiwan adventure will ramp up the rift between the US and China
Nancy Pelosi stirred markets by visiting Taiwan this week. China is considering how it will retaliate to the trip, which could have long-term consequences.
- by Stephen Bartholomeusz