Business
Markets
Updated
World markets
Banks lift ASX as Wall Street extends rally
Gold miners and utilities weighed on the Australian sharemarket on Friday while banks did the heavy lifting.
- by Millie Muroi
Latest
Updated
World markets
ASX lifts as miners muscle up; Biden boosts Wall Street
Wall Street rallied after President Joe Biden said he was confident the US would not default on its debt. This helped lift the ASX out of a three-day slump.
- by Millie Muroi
Updated
World markets
Miners weigh on ASX after Wall Street slump
The local sharemarket closed out a third day in the red as confidence in miners dissipated, even as technology stocks stepped up.
- by Millie Muroi
Updated
World markets
ASX drops on spectre of another rate rise, low consumer confidence
The Australian sharemarket fell on Tuesday as a fall in consumer confidence and the Reserve Bank’s determination to pin down inflation weighed on investor sentiment.
- by Millie Muroi
Opinion
Sharemarket
Why share and bond markets are at loggerheads
Equity investors are optimistic about the outcome of negotiations over the US debt ceiling. Bond investors aren’t so confident that common sense will prevail in the debt tug-of-war.
- by Stephen Bartholomeusz
Updated
World markets
Banks weigh on ASX, Newcrest up on Newmont deal
The ASX started the week on the back foot as banks and technology companies faltered, but the miners are higher.
- by Millie Muroi
Updated
World markets
ASX erases losses after choppy session
The S&P/ASX200 traded flat throughout Friday but finished the day a modest 4.8 points higher.
- by Emma Koehn
Updated
World markets
ASX edges lower after inflation report leaves Wall Street wary
The Australian sharemarket traded lower on Thursday as investors remained cautious about inflationary pressures and rate rises.
- by Millie Muroi
Opinion
Russia-Ukraine war
The net of sanctions around Russia is about to tighten
The European Union is planning to close loopholes in its sanctions on the Putin regime. That could inflame the West’s relations with countries helping Russia, including the already tense relationship with China.
- by Stephen Bartholomeusz
Updated
World markets
ASX slides after budget as banks and mining stocks decline
The Australian sharemarket closed lower on Wednesday as investors digested company announcements and ramifications of the federal budget released last night.
- by Millie Muroi
Updated
World markets
ASX weighed down by softer energy, real estate stocks
The Australian sharemarket closed out the session weaker as property stocks declined, and investors on Wall Street held fire ahead of data on pain points such as inflation.
- by Millie Muroi