World markets
Insider trading: In Silicon Valley, you can be worth billions and it’s not enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $25 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $US415,726.
- by David Streitfeld
Latest
ASX pares back gains on sticky inflation data
The Australian sharemarket forfeited all of its gains on Wednesday as the latest inflation figures dampened expectations of interest rate cuts.
- by Millie Muroi
Donald Trump is owed an extra $1.5b worth of shares in Truth Social
The former US president’s sizable stake in his social media company is set to jump even more as he’s rewarded with additional shares in its parent company. But he can’t sell any of them for months.
- by Jason Karaian and Joe Rennison
Updated
Shares
ASX climbs on back of Wall Street gains in busy earnings week
The Australian sharemarket extended its gains on Tuesday after US stocks rebounded from last week’s sell-off, as worries over a wider Middle East conflict eased.
- by Millie Muroi
Updated
Shares
ASX dives amid escalating Middle East tensions
Australian stocks dived for their seventh session in the past days, with investors fearing the ramifications of escalating tensions in the Middle East, also weighing on the market was a US labour report, released overnight, that reaffirmed bets interest rates would remain higher for longer.
- by Sumeyya Ilanbey
Updated
Sharemarket
Big miners spark ASX gain; jobs data lifts tech shares
Mining heavyweights BHP and Rio Tinto boosted the Australian sharemarket, which also benefited from the latest unemployment figures showing a slowdown in the labour market.
- by Sumeyya Ilanbey
Updated
Sharemarket
ASX retreats as losing streak hits five days
The Australian sharemarket retreated in late trading to finish in negative territory for the fifth consecutive session despite making up some of the ground it had lost over the past week.
- by Sumeyya Ilanbey
Opinion
Opinion
Debt-saturated markets may soon face a ‘Minsky’ moment
Sell in May and go away, says the old stock market adage. Maybe that should be brought forward a week or two this time around.
- by Jeremy Warner
Updated
Wall Street
ASX tumbles after Wall Street reverses course in rollercoaster session
The Australian sharemarket was a sea of red on Tuesday, weighed down by a “perfect storm” of factors.
- by Millie Muroi
Updated
Shares
ASX dips into red as Middle East tensions rattle markets
The Australian sharemarket dropped on Monday following rising tensions in the Middle East and a mixed start to the US profit reporting season which dragged down Wall Street over the weekend.
- by Millie Muroi and Jessica Yun
Updated
Shares
ASX slides despite Wall Street rebound
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.
- by Millie Muroi