Business
Markets
Updated
World markets
ASX caps off positive week after jobs report boosts Wall Street
The Australian sharemarket edged higher Friday, taking its gains for the week to 1.6 per cent, after a strong lead from Wall Street, where the benchmark S&P 500 Index surged to within 1 per cent of its record.
- by Jessica Yun
Latest
Updated
World markets
ASX breaks five-day win streak as big banks slide
The big four banks weighed down the Australian sharemarket after the Commonwealth Bank’s March quarter cash profit fell 5 per cent compared to the same time last year.
- by Jessica Yun and Sumeyya Ilanbey
Updated
World markets
Industrials and tech stocks lift ASX; Perpetual plunges 7 per cent
The Australian sharemarket edged higher on Wednesday following its rally in the previous session.
- by Millie Muroi
Updated
World markets
ASX lifts after RBA leaves rates on hold
The Australian sharemarket extended gains after the Reserve Bank left interest rates unchanged, with the bourse building on its early gains following a strong finish on Wall Street.
- by Millie Muroi
Opinion
World markets
Gold fever: Why China and the rest of the world are stocking up
The gold price is behaving very strangely, but there is a simple explanation.
- by Stephen Bartholomeusz
Updated
World markets
ASX steps up after Wall Street rallies
The Australian sharemarket stepped up on Monday after Wall Street capped a choppy week of trading with its best day in more than two months.
- by Jessica Yun and Millie Muroi
Updated
World markets
ASX closes green as Wall Street jumps; Apple surges on earnings
The S&P/ASX 200 has climbed, reflecting US’ rally that trimmed the majority of their losses for the week, while Apple released its numbers after the closing bell.
- by Jessica Yun
Updated
World markets
ASX extends gains after Wall Street’s Fed rollercoaster
The Australian sharemarket lifted on Thursday despite a negative lead from Wall Street after Jerome Powell revealed the US Federal Reserve would hold its cash rate steady and moving to reassure another rate hike is unlikely despite stubbornly high inflation.
- by Sumeyya Ilanbey
Updated
Federal Reserve
Red flag: Fed chief signals interest rates to stay higher for longer
Fed Chair Jerome Powell said it was likely to take longer than previously expected for Fed officials to gain the “greater confidence” needed for them to kick off interest rate cuts.
- by Howard Schneider
Updated
World markets
ASX a sea of red as Wall Street tumbles to wrap up ugly April
The Australian sharemarket tumbled after a negative lead from Wall Street, as investor fears grew about persistent US inflation and the likelihood that interest rates will stay higher for longer.
- by Millie Muroi
Updated
Cryptocurrencies
‘I failed’: Crypto king with a $62b fortune sent to jail
Binance founder Changpeng Zhao will become the world’s richest prisoner after being sentenced for allowing money laundering.
- by Gene Johnson