Business
Markets
Updated
World markets
ASX rises after Wall Street seesaw; Lithium stocks jump again
The domestic sharemarket was stronger on Thursday after most US stocks fell overnight, as traders reduced their expectations for Federal Reserve interest relief.
- by Penry Buckley
Latest
Opinion
US Votes 2024
How Donald Trump’s ‘catastrophic’ debate shook up Wall Street
For much of this year, markets have been pricing in the implications of a second Trump presidency. After Wednesday’s debate, those “Trump Trades” started to unravel.
- by Stephen Bartholomeusz
Updated
World markets
ASX slips as big four banks decline; lithium miners rally
The Australian sharemarket closed in the red, with banks and energy companies weighing on investor sentiment.
- by Jessica Yun
Opinion
Oil
Bleeding billions: The oil cartel is losing control of the market
The world is overflowing with oil, and OPEC has failed in its latest attempt to stop prices tumbling.
- by Stephen Bartholomeusz
Updated
World markets
ASX jumps as Wall Street breaks losing streak, CBA hits record high
The Australian sharemarket has closed in the green with energy and banking stocks doing the heavy lifting.
- by Jessica Yun
Opinion
Inside China
Iron ore slump shows that China’s deflation risk is rising
If the iron ore price is a barometer of the health of China’s economy, then it is signalling a level of weakness that ought to galvanise China’s policymakers.
- by Stephen Bartholomeusz
Carl’s $26 billion meltdown: Wall Street has lost faith in an 88-year-old legend
Carl Icahn has long been feared by CEOs of some of the world’s biggest companies, but now the man himself is under intense scrutiny and his fortune is plummeting.
- by Maureen Farrell
Updated
World markets
ASX falls after Wall Street tech sell-off
The local market pared back some early losses on Monday but still closed down. Consumer discretionary and healthcare stocks were the biggest losers.
- by Brittany Busch
Updated
Sharemarket
ASX finishes higher as Wall Street braces for key jobs report
The ASX gained on Friday despite a choppy Wall Street session overnight as wary investors awaited monthly non-farm payrolls data in the US.
- by Brittany Busch and Penry Buckley
Updated
Sharemarket
ASX finishes in the green as US losses ease; IT, property stocks gain
The Australian sharemarket finished higher on Thursday as the pace of declines slowed on Wall Street overnight from its frenetic sell-off in the previous session.
- by Penry Buckley
Opinion
Gas
Drill, baby, drill! Let’s face it - shale fracking has saved the West
Imagine what the world would look like today if US fracking technology and America’s wildcat drillers had not delivered the shale revolution.
- by Ambrose Evans-Pritchard