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World markets
ASX opens flat; Wall Street digests US inflation report
The ASX has opened flat after a lacklustre performance on Wall Street, where stocks wavered as investors reviewed the latest update on inflation across the US.
- by Jessica Yun
Latest
Updated
World markets
Energy stocks power ASX after Wall Street slide
The Australian sharemarket closed higher on the back of energy companies after stocks fell on Wall Street ahead of a highly anticipated inflation report.
- by Millie Muroi
Opinion
Trade wars
Higher and higher: America keeps raising its fence against China
Concerned about the transfer of know-how for military or intelligence-gathering applications, the Biden administration restricts investments by US firms in Chinese tech companies.
- by Stephen Bartholomeusz
Another Chinese developer teeters, raising worries about the economy
Remember China Evergrande, that real estate behemoth whose mountain of debt sent markets spiralling in 2021? Now there’s concerns about another property giant.
- by Alexandra Stevenson
Updated
World markets
ASX finishes in the green as CBA rises on record profit
The Australian sharemarket closed 0.4 per cent higher, as investors in Australia’s biggest bank cheered a solid result.
- by Jessica Yun
Updated
Sharemarket
‘Deeply pessimistic’ consumer confidence weighs on ASX
The local sharemarket closed flat on Tuesday as Myer revealed its sales growth has practically ground to a halt, and consumer confidence data showed sentiment continued to worsen.
- by Millie Muroi
Opinion
Russia-Ukraine war
Vladimir Putin is getting a cash boost and the West needs to stop it
Surging oil prices are allowing Russia to generate more revenue to fund its war. It might be time for the West to step in.
- by Stephen Bartholomeusz
‘I think we’ll see a recession’: Market veteran worries the RBA has gone too far
Gerard Minack says that even if rates don’t climb any higher, Australia is on track to take an economic hit.
- by Clancy Yeates
Updated
World markets
ASX dips as healthcare stocks, financials weigh on market
The ASX slipped on Monday, weighed down by healthcare and financials after a rare losing week for Wall Street.
- by Millie Muroi
Updated
World markets
ASX finishes in green after seesaw session; Domino’s up, Block down
The Australian sharemarket seesawed on Friday after Wall Street’s red-hot rally for the year cooled a bit more.
- by Jessica Yun
‘Crocodile of Wall Street’ pleads guilty in billion-dollar Bitcoin hack case
A hacker and his social-media rapper wife pleaded guilty to a money-laundering conspiracy tied to the theft of billions of dollars of Bitcoin.
- by Sabrina Willmer