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Miners shine as ASX closes higher; QBE, IAG slump

Miners shine as ASX closes higher; QBE, IAG slump

The Australian sharemarket closed the week in the green, pushed up by miners and energy stocks on the back of a strong Wall Street lead and a rise in commodity prices.

  • by Staff reporters

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ASX climbs on tech rally; Altium soars, BHP slumps

ASX climbs on tech rally; Altium soars, BHP slumps

The Australian sharemarket closed higher on the back of strong company results and a positive lead from Wall Street.

  • by Millie Muroi and Sumeyya Ilanbey
ASX slumps after US inflation data shocks Wall Street; $A tumbles

ASX slumps after US inflation data shocks Wall Street; $A tumbles

The Australian sharemarket pared back some of its earlier sharp losses, but miners and banks dragged the local index lower after heavy losses on Wall Street.

  • by Sumeyya Ilanbey and Millie Muroi
US inflation shock rattles markets and central bankers
Opinion
Inflation

US inflation shock rattles markets and central bankers

The US inflation rate appears more stubborn than expected, which is not good news for other central banks, or those stretched Australian households hoping the RBA will start cutting interest rates soon.

  • by Stephen Bartholomeusz
ASX ends flat as CSL weighs on sharemarket; Bitcoin surges over $US50,000

ASX ends flat as CSL weighs on sharemarket; Bitcoin surges over $US50,000

The Australian sharemarket closed slightly lower for the second consecutive session amid a set of disappointing company results.

  • by Sumeyya Ilanbey
High alert: The signal that has the world on edge

High alert: The signal that has the world on edge

Markets have been sending a signal for more than a year that a US recession could be on its way. The next few months are crucial.

  • by Stephen Bartholomeusz
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ASX lower; CSL slumps on trial results

ASX lower; CSL slumps on trial results

Healthcare companies and energy firms dragged the Australian sharemarket down on Monday despite a positive lead from Wall Street, which touched a record at the weekend.

  • by Millie Muroi
Boral surges higher as ASX closes flat; Wall Street hits 5000

Boral surges higher as ASX closes flat; Wall Street hits 5000

The Australian sharemarket closed flat on Friday after stocks held near record levels on Wall Street on evidence which continues piling up to show the job market remains remarkably solid.

  • by Millie Muroi
‘I’m going to be rich again’: The crypto king who lost his marriage, his followers and his Lamborghini

‘I’m going to be rich again’: The crypto king who lost his marriage, his followers and his Lamborghini

Ben Armstrong, better known as BitBoy, was one of the most popular figures in the wild, scam-ridden world of crypto influencers. Then it all fell apart.

  • by David Yaffe-Bellany
Utilities and tech stocks lead ASX gains

Utilities and tech stocks lead ASX gains

The Australian sharemarket had its strongest trading session since last Friday, with utilities and tech stocks driving the local bourse higher.

  • by Sumeyya Ilanbey
‘You’re welcome boyz’: The insider trading probe that ensnared a fashion influencer’s husband

‘You’re welcome boyz’: The insider trading probe that ensnared a fashion influencer’s husband

Brandon Charnas, already famous for being married to a social media icon, is now in the US Justice Department’s spotlight.

  • by Sabrina Willmer