Business
Markets
Australian market to tick up at open as traders eye US inflation data
Over the weekend, Wall Street closed its 10th winning week in the last 11 with a mixed finish on Friday following an encouraging report on inflation.
- by STAN CHOE
Latest
Opinion
Careers
You don’t need more resilience. You need friends. And money
Modern influencers tend to glamourise resilience, but the reality is we need our support networks.
- by Sarah Green Carmichael
Updated
Sharemarket
Australian shares drop on hotter-than-expected inflation data in US
The ASX fell on Friday after data released in the US overnight showed inflation was stronger than expected and traders pared back their expectations of an early interest rate cut.
- by Millie Muroi
Oil prices rise on Middle East tensions as US, UK launch Houthi airstrikes
Analysts at Westpac believe oil prices could rise more still as the airstrikes against the Yemeni rebel group continue.
- by Yongchang Chin
Analysis
Bitcoin
What does US approval of bitcoin ETFs mean for Australia?
The US regulator’s announcement will likely spur a wave of crypto ETFs locally, with Queensland fund Monochrome aiming to launch its own offering in 2024.
- by Dominic Powell
Updated
Wall Street
ASX gains after mega-caps boost Wall Street; Bitcoin rises after SEC decision
The Australian sharemarket traded higher on Thursday, tracking gains on Wall Street driven by gains in mega-cap stock such as Amazon, Microsoft and Nvidia.
- by Sumeyya Ilanbey and Millie Muroi
Opinion
Bitcoin
Everyone’s invited to the bitcoin party – and the host’s not happy
Strangely, the only group that wasn’t donning party hats and blowing whistles was the US securities regulator itself.
- by Elizabeth Knight
Updated
Sharemarket
Miners drag down ASX despite positive inflation surprise
The Australian sharemarket ended the day in the red despite the latest consumer price index data showing inflation has slowed to the lowest rate since January 2022.Â
- by Sumeyya Ilanbey and Millie Muroi
SEC social media account hacked to falsely say Bitcoin ETFs approved
A highly anticipated decision by the US market regulator on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident.
- by Allyson Versprille
Updated
Wall Street
ASX extends rally after retail figures top forecasts
The Australian sharemarket has extended its gains on Tuesday afternoon after retail sales and building approvals for November topped forecasts.Â
- by Sumeyya Ilanbey
Updated
Shares
Australian sharemarket slides as US jobs data dampens hopes of rate cut
The Australian sharemarket drifted lower on Monday despite a faintly positive lead from Wall Street, as investors tempered their expectations of rate cuts.
- by Millie Muroi