Business
Markets
This country had ‘free’ mortgages. Now it’s coming to an end
For years, mortgages in Japan have been nearly cost-free. Homeowners are now bracing for that to change as Japan’s central bank has announced an end to the era of zero interest rates.
- by River Akira Davis and Kiuko Notoya
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Sharemarket
ASX slumps after Wall Street dives; Miners, banks, tech stocks decline
The Australian sharemarket followed the lead of Wall Street, which had its worst session since the August 5 market meltdown amid concerns about a slowdown in the world’s largest economy.Â
- by Rita Nazareth
Opinion
Federal Reserve
Pressure on the Fed is mounting as sharemarkets spiral again
Nearly a month ago, Wall Street plunged in response to a shock set of US job figures. Overnight, the market plunged again, in expectation of more bleak numbers this week.
- by Stephen Bartholomeusz
Wall Street darling suffers record $416 billion meltdown in one day
The value of AI powerhouse Nvidia just fell by the equivalent of the total value of energy giant Chevron in a single session.
- by Jeran Wittenstein and Ryan Vlastelica
Opinion
Inflation
Why economists worry about Trumpflation
Despite Kamala Harris’ ascent in the polls, it remains quite possible that Donald Trump will win the US election. And if he does, inflation in the world’s largest economy may become a major problem again.
- by Paul Krugman
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World markets
ASX wobbles as Woolies trades ex-dividend, current account deficit widens
The Australian sharemarket was treading water on Tuesday after economic data showed that falling commodity prices have pushed Australia into its biggest current account deficit in six years.
- by Sumeyya Ilanbey
Updated
World markets
ASX rallies as CBA hits record high; The Star suspended from trading
The Australian sharemarket started the week stronger on Monday, as investors continue to be buoyed by expectations the US Federal Reserve will cut interest rates later this month.
- by Penry Buckley
Opinion
US election
Gold is soaring on fears Kamala Harris is about to unleash an economic catastrophe
The US dollar may be about to be debased, and gold has always been the only real protection against that.
- by Matthew Lynn
Updated
World markets
ASX finishes higher; Qantas jumps, Harvey Norman slides
The Australian sharemarket closed higher after promising results on the final day of earnings season.
- by Brittany Busch
Updated
Sharemarket
ASX closes down; Mineral Resources, Wesfarmers decline
The Australian sharemarket declined on Thursday, led lower by mining and consumer discretionary stocks, after Wall Street slid amid a pullback in big technology companies.
- by Brittany Busch
Updated
Sharemarket
ASX finishes flat after results flurry; Tabcorp tumbles, Woolies gains
The Australian sharemarket recovered in afternoon trade as gains by supermarket giant Woolworths and the big four banks offset losses by the mining heavyweights.
- by Staff reporter