Business
Markets
Updated
World markets
ASX set to rise despite Wall Street slide; Salesforce dives
The worst day for Salesforce’s stock in nearly 20 years has helped to drag Wall Street lower, but the ASX is eyeing a positive open.
- by Stan Choe
Latest
Updated
World markets
ASX slumps, tracking losses on Wall Street; BHP falls after scrapped Anglo deal
The Australian sharemarket fell for a third consecutive trading session to a one-month low, as investors sold off equities amid concerns persistently high inflation would prompt the Reserve Bank to keep interest rates high for longer.Â
- by Sumeyya Ilanbey
Updated
World markets
ASX sinks as inflation wobbles crush rate cut hopes
The Australian sharemarket has extended its losses after the release of the latest inflation data.
- by Jessica Yun and Sumeyya Ilanbey
Updated
World markets
ASX edges lower in directionless trading; retail data hits consumer stocks
Boss Energy shares shed 10.9 per cent of their value after revealing that three executives had sold more than $26 million worth of their shareholdings in the company.
- by Jessica Yun
Opinion
Sharemarket
Wall Street is changing its trade clocks. Here’s how it could cost you
The US and three other countries are halving the time for settling deals from two days to one. That will increase costs, and make it harder for international investors to buy into the world’s largest economy.
- by Stephen Bartholomeusz
The exiled Chinese tycoon with links to Trump’s inner circle accused of $1.5 billion fraud
The case involves the intriguing background and wealth of Guo Wengui, a billionaire who amassed a strong following criticising the Chinese government.
- by Ava Benny-Morrison
Updated
World markets
ASX climbs after Wall Street rebounds; Lendlease surges
The Australian sharemarket rebounded on Monday to recover almost all its losses from Friday, when investors sold equities amid fears US interest rates would remain higher for longer.
- by Sumeyya Ilanbey
The Australian who refuses to accept he did not invent bitcoin
Australian Craig Wright has long claimed to be Satoshi Nakamoto, the mysterious creator of bitcoin. But the courts disagree.
- by David Yaffe-Bellany
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
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