Business
Markets
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World markets
ASX flat after Wall Street treads water near record highs
The Australian sharemarket is slightly in the red after a relatively quiet trading session for Wall Street on Friday following another equity market slide in Europe.
- by Jessica Yun
Latest
Saudi Arabia is eyeing a future beyond oil - but there is a problem
The kingdom is desperately trying to juggle its still-vital petroleum industry with the need to get ready for a cleaner future.
- by Stanley Reed
RBA set to hold rates as price pressures remain
Economists still expect the next rate move will be down, but those with home loans might have to wait until next year to see it.
- by Poppy Johnston
Updated
World markets
ASX finishes week in the red as Wall Street slides
The Australian sharemarket lost ground on Friday, reflecting a drab trading session on Wall Street overnight.
- by Jessica Yun
Updated
World markets
ASX rises as Wall Street gets inflation boost; Sigma slumps
The Australian sharemarket advanced, powered by interest-rate-sensitive tech stocks and real estate investment trusts after Wall Street hit new records overnight.
- by Sumeyya Ilanbey
Updated
World markets
ASX weighed down by utilities, miners and tech stocks
The Australian sharemarket declined after a mixed finish on Wall Street ahead of key inflation reports and the Federal Reserve’s interest rate decision.
- by Millie Muroi
Updated
World markets
ASX slumps as mining heavyweights, big four banks decline
The Australian sharemarket slumped in the first day of trading after the King’s Birthday long weekend, erasing a good portion of last week’s 2 per cent gain, amid investor concerns over the direction of US interest rates.
- by Sumeyya Ilanbey
Updated
World markets
Rate cut hopes bring ASX best weekly gains of year
The ASX 200 Index ended the Friday session with a gain of 0.5 per cent after the ECB became the second major central bank to cut interest rates.
- by Millie Muroi
‘Roaring Kitty’ triggers $6.9 billion Wall Street frenzy with a YouTube post
Keith Gill, whose “Roaring Kitty” online moniker made him a folk hero for meme stock investors, has markets on edge again.
- by Bailey Lipschultz and Carmen Reinicke
Updated
Shares
Tech stocks boost ASX after ‘Magnificent Seven’ drive US stocks to record highs
The technology sector gave the Australian sharemarket a boost after the world’s largest technology companies drove US stocks to record highs on Wall Street.
- by Sumeyya Ilanbey and Millie Muroi
Updated
Sharemarket
ASX rises as GDP growth slumps; Treasury Wines rallies, miners fall
The Australian sharemarket held on to its gains after the latest GDP data showed the Australian economy barely grew in the first quarter, adding weight to the argument that no further Reserve Bank interest-rate hikes are required.
- by Sumeyya Ilanbey