Business
Markets
Updated
World markets
ASX stays flat after Wall Street closes lower; Australian dollar slumps
The Australian sharemarket is trading steadily after US stocks slipped from record heights in response to a surprisingly strong report on American manufacturing.
- by Jessica Yun
Latest
Updated
World markets
ASX finishes the quarter on a high before the Easter break
The Australian sharemarket closed the first quarter of the year on a record high amid a rally that briefly pushed the local index above 7900 points.Â
- by Sumeyya Ilanbey
Updated
World markets
ASX closes green after positive inflation data
The Australian sharemarket staged a late revival despite a lacklustre lead from Wall Street, as local inflation data holds steady.
- by Stan Choe
Updated
Wall Street
Donald Trump adds billions to his fortune in rollercoaster Wall Street debut
The stock created such a frenzy that Nasdaq briefly halted its trading just two minutes after it began for the day.
- by Bailey Lipschultz
Updated
World markets
ASX slides as Wall Street’s momentum cools, but surge for Bitcoin
The Australian sharemarket followed Wall Street’s subdued trading session as tech companies and miners offset gains by the energy giants.
- by Millie Muroi
Updated
World markets
ASX continues its ascent as investors stay bullish
A rally in interest-rate-sensitive real estate investment trusts, together with gains across various major sectors, buoyed the Australian sharemarket, with investors continuing to price-in rate cuts from global central banks.Â
- by Sumeyya Ilanbey
Crucial export iron ore under pressure from China’s economy
Australia’s biggest miners face the prospect of iron ore prices staying flat for longer, analysts suggest.
- by Simon Johanson
Updated
World markets
Energy companies, miners weigh down ASX
Energy companies and miners weighed down the ASX, despite a positive lead from Wall Street overnight.
- by Millie Muroi
‘Speculate in bitcoin, hoard gold’: Precious metal’s value soars
This week, gold crashed through a historic high, leaving many analysts and other market watchers looking for explanations.
- by Simon Johanson
Updated
World markets
ASX jumps after Fed rate talk sends Wall Street to record
The Australian sharemarket rallied on the back of gold miners, banks and real estate investment trusts as US stocks moved higher.
- by Millie Muroi
Updated
World markets
ASX drops despite Wall Street pushing to record ahead of Fed decision
Tech companies and utilities pushed the local bourse into the red despite Wall Street’s rally overnight, as investors waited to hear what the Federal Reserve will say on the prospect of rate cuts.
- by Millie Muroi and Jessica Yun