Business
Markets
Updated
World markets
ASX slumps as interest-rate cloud descends over Wall Street
Australian shares hit a 10-day low on Friday after investor confidence was rocked by falling commodity prices and a broad equities sell-off on Wall Street, prompted by economic data suggesting US interest rates may remain high.Â
- by Sumeyya Ilanbey
Latest
Updated
World markets
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
Opinion
Global economy
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
Updated
World markets
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
Updated
World markets
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
Updated
World markets
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
Updated
World markets
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
Updated
World markets
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.Â
- by Sumeyya Ilanbey
Updated
World markets
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
Opinion
Sharemarket
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
Updated
World markets
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