Today
ASX to fall as rate cut hopes fade further
US jobless figures held steady overnight, adding to the week’s positive reports on the health of the world’s biggest economy.
- 21 mins ago
- Andrew Hobbs
Yesterday
ASX to rise as focus swings to employment data
Wall Street’s main indexes fluctuated with chip stocks among the biggest losers. Expectations are for Australian unemployment to pick back up to 3.9 per cent.
- Updated
- Andrew Hobbs
This Month
Federal Court says Blumenthal market rigging was ‘serious, deliberate’
The stockbroker will be banned from managing companies for five years and pay an $850,000 penalty four months after reaching an agreement with the regulator.
- Jonathan Shapiro and Liam Walsh
Star probe adjourned; BOQ’s mortgage gripe; China’s Aussie ‘assault’
Read everything that’s happened in the news so far today.
ASX stocks at risk from Ozempic – and ResMed isn’t one of them
Morgan Stanley brokers say the explosion of interest in the weight loss drugs will be far bigger than first thought. And these major companies could get hit.
- Joshua Peach
ASX to slip as Powell confirms delay in rate cuts
If inflation pressures persist in the US, the Federal Reserve can keep rates steady for “as long as needed,” Jerome Powell said.
- Updated
- Andrew Hobbs
ASX slumps 1.4pc; Banducci threatened with jail; AFP’s terror warning
Read everything that’s happened in the news so far today.
Big investors avoid ‘too hard basket’ Fortescue – and miss major rally
The Andrew Forrest-chaired group is one of the ASX’s best performers, but remains the least loved among brokers and the top Australian equities fund managers.
- Joshua Peach
ASX to drop as shock jump in US spending weakens case for rate cuts
Much stronger than expected retail sales in the US diminished the likelihood of interest rate cuts. Threat of Israeli retaliation boosts gold to near record.
- Updated
- Andrew Hobbs
Brokers split on Cettire despite surge in sales this year
Two of the four investment bank analysts following the luxury clothing marketplace have lowered their share price forecasts this year after an update last week.
- Jonathan Shapiro and Carrie LaFrenz
Lehrmann ruling begins; Sixth Bondi victim named; Iran’s market hit
Read everything that’s happened in the news so far today.
ASX to fall as spectre of Mid-East war weighs on shares, $A
The S&P/ASX 200 and the Australian dollar are poised to drop on Monday on worries that Iran’s first direct attack on Israel could trigger the regional war investors have been afraid of.
- Cecile Lefort
- Opinion
- Chanticleer
Adieu: Ramsay Health Care’s shrinking global ambition
Under-pressure Ramsay Health Care is taking a fresh look at its footprint, which could mean a major change in its strategy. Watch this space.
- Anthony Macdonald
Seven’s new Boral bid; Mercedes mortgage pain; $77m Toorak double deal
Read everything that’s happened in the news so far today.
Surge in Cettire sales fails to win over investors
The embattled online luxury retailer surprised the market with the early release of quarterly sales numbers, but they failed to stir the share price.
- Jonathan Shapiro
ASX to fall as Fed officials highlight ‘need for patience’
Federal Reserve Bank of Boston President Susan Collins and New York Fed President John Williams said it may take more time to gain confidence to begin easing rates.
- Updated
- Andrew Hobbs
Inflation’s three warnings; NextDC’s $1.3b raise; RBA cuts in doubt
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
NextDC feeds the ducks while they’re hungry
The data centre owner has played the capital markets game superbly to be on the cusp of the top-50 stocks. To stay there, it has to deliver.
- Anthony Macdonald
The eight stocks most loved by Australia’s best fund managers
Despite the headwinds, CSL is still loved by the top stock pickers. CBA and BHP are also widely held – but not as widely as expected.
- Joshua Peach
ASX to fall after shock US inflation data; $A slumps
Wall Street’s main stock indexes tumbled and US Treasury 10-year yields jumped after the stronger-than-expected US inflation data.
- Updated
- Andrew Hobbs
