Business
Markets
Weaker profits on the cards with miners to feel the heat
The upcoming reporting season will offer plenty of downgrades, with investors likely to punish earnings misses rather than reward better than expected numbers.
- by Staff reporter
Latest
ASX starts week on a high with inflation the key focus
With the future trajectory of interest rates a key area of focus for investors, the latest economic data in the US has buoyed sentiment that inflation is tracking in the right direction.
- by Staff reporters
Opinion
Investing
Why our federal MPs need stricter rules on trading shares
With the US moving to ban politicians and their spouses from trading shares, Australia should trump them and go further.
- by Will Bennett
Updated
World markets
ASX closes in the green as miners post healthy gains
The Australian sharemarket has managed to close out the week on a high with mining stocks doing the heavy lifting, as iron ore heavyweights - Rio Tinto, BHP and Fortescue - enjoyed solid sessions.
- by Staff reporters
Opinion
Trade wars
China’s trade policy is almost a declaration of economic war
Forget free trade: Beijing aims to demolish its rivals and achieve monopolistic hegemony across entire industries, seeing trade as ideological warfare against democracies.
- by Ambrose Evans-Pritchard
Updated
World markets
ASX hits two-week low after Wall Street suffers worst day since 2022
The Australian sharemarket posted a poor session, with investors bailing on the local tech sector, Macquarie and Fortescue.
- by Sumeyya Ilanbey and Millie Muroi
Opinion
World markets
$1.1 trillion wipeout: Wall Street just got hit with a reality check
Wall Street has been riding an AI wave, but it just recorded its worst day since 2022 after investors were spooked by results from two of the world’s biggest companies.
- by Stephen Bartholomeusz
Opinion
US Votes 2024
Trump trades: Markets are betting against Europe, oil and humanity
How would one have “priced” global markets in 1912 or 1937, when the writing already was on the wall, but nothing was predetermined, and one could still hope? Worth pondering.
- by Ambrose Evans-Pritchard
Updated
Sharemarket
ASX dips after losses on Wall Street; Perpetual hit by outflows
The Australian sharemarket traded slightly lower on Wednesday after weak session on Wall Street, where earnings reporting season has ramped up for the bigger companies.
- by Millie Muroi and Sumeyya Ilanbey
Updated
World markets
ASX steps up as Big Tech again drives Wall Street higher
Technology and healthcare stocks lifted the local sharemarket on Tuesday after US equities closed broadly higher overnight.
- by Millie Muroi
Opinion
Inflation
Could a Harris economy prove more progressive than ‘Bidenomics’?
As US Vice President Kamala Harris prepares to potentially replace President Joe Biden atop the Democratic ticket, she now faces the challenge of articulating her own vision for steering the US economy.
- by Alan Rappeport