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ASX set to slump as interest rates shadow hangs over Wall Street

ASX set to slump as interest rates shadow hangs over Wall Street

Investors were spooked by a raft of strong US economic reports that raised the possibility of interest rates staying painfully high.

  • by Stan Choe

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ASX pares back early sharp losses as miners fall, tech gains

ASX pares back early sharp losses as miners fall, tech gains

The Australian sharemarket pared back its early sharp losses, but mining heavyweights dragged the local bourse into negative territory.

  • by Sumeyya Ilanbey
It’s defend yourself, or get crushed by China’s export tsunami

It’s defend yourself, or get crushed by China’s export tsunami

An open world economy cannot exist with a deformed Chinese economy that accounts for 13 per cent of global consumption but produces 31 per cent of all manufactured goods.

  • by Ambrose Evans-Pritchard
ASX flatlines; Webjet a winner, Telstra tumbles again

ASX flatlines; Webjet a winner, Telstra tumbles again

The Australian sharemarket was unable to hang on to its early gains as weakness in communication stocks pulled the bourse slightly into the red.

  • by Jessica Yun
ASX slides amid mixed Wall Street start to the week

ASX slides amid mixed Wall Street start to the week

The Australian sharemarket benchmark index finished in the red, even after most US stock indices ticked higher overnight after a quiet day of mixed trading.

  • by Jessica Yun
Miners, energy stocks boost ASX; Star shares soar

Miners, energy stocks boost ASX; Star shares soar

Shares in Star Entertainment Group surged after it emerged from a trading halt and confirmed it has received interest from a consortium of investors about a possible buyout.

  • by Jessica Yun
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ASX falls as Wall Street slips after hitting milestone

ASX falls as Wall Street slips after hitting milestone

The ASX finished Friday in the red after a broad-based sell-off, with Bendigo and Adelaide Bank and Liontown Resources the star performers.

  • by Jessica Yun
ASX races into record territory on back of positive economic data

ASX races into record territory on back of positive economic data

The Australian sharemarket fell just short of a record high after optimistic economic data in the United States and locally created a more bullish market sentiment for equity investors. 

  • by Sumeyya Ilanbey
Miners lead ASX higher as market absorbs budget, wages data

Miners lead ASX higher as market absorbs budget, wages data

The Australian sharemarket stepped up to post a sold gain following Tuesday’s federal budget, with miners, healthcare and consumer discretionary stocks leading the way.

  • by Millie Muroi
How a cartoon from ‘Roaring Kitty’ sparked a $6.1 billion Wall Street frenzy

How a cartoon from ‘Roaring Kitty’ sparked a $6.1 billion Wall Street frenzy

The man who ignited the meme stock mania in 2021 has resurfaced after lying low for years, sending shares flying. We might need a sequel to the movie Dumb Money.

  • by Stephen Bartholomeusz
ASX ends lower on budget day even as consumer stocks gain

ASX ends lower on budget day even as consumer stocks gain

The Australian sharemarket declined on the eve of the federal budget amid concerns it could add to inflationary pressures.

  • by Staff reporters