US stocks have dropped although losses are not as bad as expected because of a new inflation report.
Staff Writers
The Australian Securities Exchange is investigating a problem with its settlement platform that caused a delay for some customers on Friday afternoon.
Adam Haigh & Simone Grogan
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
Cameron Micallef
The ASX200 has dropped 1.2 per cent to finish the week down 2.8 per cent, its second-worst weekly performance of 2024.
Derek Rose
Rio Tinto has called on a C-suite stalwart to restore a battered company culture still saddled with claims of bullying and sexual assault.
Daniel Newell
Wesfarmers will top up its war chest with the $770 million sale of its industrial gases business to a subsidiary of Japan’s Nippon Sanso.
Banks firm as US bond yields rise; Q3 GDP revised higher; Dow up 0.04 per cent, S&P down 0.09 per cent, Nasdaq off 0.10 per cent.
Chuck Mikolajczak
Mining export revenues are continuing their descent from a prosperous run, with weaker iron ore prices set to blow a $30 billion hole in this year’s takings and a pipeline of major projects dwindles in value.
Simone Grogan
The ASX cratered after a major decision on a US rate cut, with all 11 sectors trading in the red.
Australia’s collective household wealth has soared over the past 12 months driven by one key thing.
The ASX200 nosedived in early trade on Thursday following a disastrous lead from Wall Street overnight that saw all three major US indexes post their biggest daily decline in months.
Woodside has jumped another hurdle towards developing the $30 billion Browse project, inking a big reshuffle of WA gas assets with Chevron.
Matt Mckenzie and Daniel Newell
The competition regulator intends to block Catholic Health Australia’s private hospital members from collectively boycotting private health insurers like HBF, Medibank and Bupa if funding negotiations fail.
Cheyanne Enciso
JACKSON HEWETT: As Governor Michele Bullock tries to walk the fine line between full employment and inflation, the US Federal Reserve just tipped the balance in the wrong direction.
Jackson Hewett
Lithium talisman Ken Brinsden says it’s not a matter of if, but when the battery market rebounds, as his Canadian venture inks a $77 million investment from German auto giant Volkswagen.
Simone Grogan and Daniel Newell
A surprise fall in the Australian dollar to around 62 US cents could put a dent in travellers' pockets over Christmas after US markets got the wobbles.
Paladin Energy has received approval from the Canadian Government to merge with Toronto-listed Fission Uranium after months of scrutiny regarding foreign ownership concerns.
The Aussie dollar has collapsed during this morning’s trading as the US Federal Reserve says the rate cutting cycle will slow down.
Angry shareholders have delivered a first strike against ANZ over its bond trading scandal and forced the bank to withdraw a bonus reward for retiring chief executive Shayne Elliott.
Sean Smith
Fed cuts rates by 25 bps, as expected; Crypto stocks fall on Powell comments; Indexes down: Dow 2.58 per cent, S&P 500 2.95 per cent, Nasdaq 3.56 per cent.
Prices for gallium - a metal used in semiconductors and advanced technology - jumped to their highest level since 2011 following export restrictions recently imposed by China.
Jack Ryan
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
Anne Loveridge and Doug McKay provided their rare admissions after being asked at NAB’s annual general meeting in Melbourne to reflect on their time with the bank.
Asian stocks ended mixed in cautious trade on Wednesday as investors awaited the Federal Reserve meeting.
