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Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- by Millie Muroi
Latest
Updated
World markets
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Updated
World markets
ASX closes flat with energy the key standout
The Australian sharemarket dipped in late trade to close slightly lower as investors wound back their bets on interest rate cuts after the central bank’s decision on Tuesday to keep the cash rate on hold.
- by Sumeyya Ilanbey and Millie Muroi
Opinion
World markets
The AI bubble might blow up in our face
All AI bubbles to date have ended in a “winter”, and the next one may be the chilliest of all.
- by Andrew Orlowski
Updated
World markets
Banks, utilities boost ASX as rates hold steady; Fortescue dives
Utilities firms and banks lifted the Australian sharemarket on Tuesday after US stocks rose towards more records ahead of what could be a quiet, holiday-shortened week.
- by Millie Muroi and Jessica Yun
Opinion
Oil
The oil mystery that has the world on edge
It is one of the world’s most important markets and powerbrokers are widely split on what its future looks like.
- by Stephen Bartholomeusz
The meeting where Wall Street billionaires tripped over themselves to back Trump
Before 12 New Yorkers branded Donald Trump a felon, a very different kind of jury had reached a verdict of its own at a ritzy Manhattan hotel.
- by Amanda L Gordon and Sridhar Natarajan
Updated
World markets
ASX dips after Wall Street treads water near record highs
Declines in technology, energy and industrial shares dragged the Australian sharemarket lower after a relatively lacklustre trading session on Wall Street Friday.
- by Jessica Yun
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