Business
Markets
Updated
World markets
Miners, tech boost ASX after Wall Street enters bull market
The information technology sector outperformed on the ASX on Friday, taking its lead from the Nasdaq, while the materials sector also rallied.
- by Millie Muroi
Latest
Updated
World markets
ASX drops as optimism wears off for tech stocks
The Australian sharemarket traded lower on Thursday as the information technology sector dropped, following a fall for big-name tech stocks on Wall Street.
- by Millie Muroi
Opinion
Interest rates
For central banks like the RBA, ‘pause’ has become a dirty word
Weren’t we supposed to wait to allow interest rate increases to flow through to the behaviour of companies and consumers?
- by Daniel Moss
Updated
World markets
ASX flat as banks, real estate and energy stocks stutter
The Australian sharemarket gave up early gains despite stronger information technology and consumer discretionary stocks and a positive session on Wall Street.
- by Millie Muroi
Crypto moguls lose billions as crackdown widens
It was a great year for crypto billionaires - until this week.
- by Biz Carson and Tom Maloney
Updated
Sharemarket
ASX dives after RBA rate call; Wall Street falls as oil pares gain
The Australian sharemarket plunged after the RBA’s decision to lift interest rates by 25 basis points. US stocks drifted lower overnight after several weeks of gains.
- by Millie Muroi
Analysis
Currencies
Why the world is turning away from the US dollar
All around the world, a backlash is brewing against the hegemony of the US dollar.
- by Michelle Jamrisko and Ruth Carson
Updated
World markets
Miners and consumer stocks lead ASX higher after Wall Street rally
The ASX climbed as major commodity prices surged, boosting the mining heavyweights. Wall Street gained on a strong report on the US job market.
- by Millie Muroi
Opinion
Oil
How a ‘lollipop’ just shook up the world of oil
The OPEC+ oil cartel is showing signs of the tensions generated by a slump in prices in which Russia is playing a significant role.
- by Stephen Bartholomeusz
Mystery trader’s $11m debt-ceiling windfall sparks insider concerns
Wall Street analysts had mostly expected vague promises on energy permits to be included in a bill to raise the US debt ceiling. Yet, options trading suggests something bigger may have been in the offing.
- by Austin Weinstein and Geoffrey Morgan
High-flying trading boss hit with 16 charges
Former Berndale Capital Securities boss Stavro D’Amore and the trading house’s director Daniel Kirby are accused of misusing client funds and providing false information.
- by Sarah Danckert