World markets
Updated
Shares
ASX rises after Fed signals rate cuts; Kogan soars
The Australian shares benchmark surged after US stocks rallied to near-record highs after Federal Reserve chair Jerome Powell confirmed US interest-rate cuts are coming soon.
- by Penry Buckley
Latest
Updated
Wall Street
‘Perfect 10’ days: ASX extends winning streak as WiseTech soars higher
The ASX finished up for a 10th consecutive day on Thursday - its longest winning streak in almost nine years - after US stocks held relatively steady overnight.
- by Penry Buckley
Updated
Wall Street
ASX rallies for a ninth straight session; WiseTech leaps
A technology stock rally and further gains by the big miners helped mitigate losses in the energy sector, lifting the Australian market to its ninth straight gain.
- by Penry Buckley
Updated
Shares
Miners drive ASX higher; Baby Bunting surges, Yancoal falls
The Australian sharemarket edged higher on Tuesday, buoyed by stronger commodity prices and a global wave of investor bets that the US Federal Reserve is close to cutting interest rates.
- by Miriam Steffens and Clancy Yeates
Updated
Wall Street
ASX recovers after early dip; A2 Milk shares plunge as Westpac rallies
The Australian sharemarket gained ground for a seventh straight trading session, despite a dip in early trade.
- by Penry Buckley
Opinion
Government debt
The US is out of control and we could all pay a heavy price
Washington is spending money like a drunken sailor. It is a global accident waiting to happen.
- by Ambrose Evans-Pritchard
Updated
Wall Street
ASX ends on a high in its best week of the year
The Australian sharemarket rose for a sixth straight trading session, crowning its best week of the year on Friday, as Wall Street stocks again streaked towards record territory.
- by Penry Buckley
This child actor became a crypto billionaire. But a big gamble is starting to unravel
He appeared in the 1990s Mighty Ducks movies before building a billion-dollar fortune through crypto. Then he turned his attention to Puerto Rico.
- by David Yaffe-Bellany and Laura N. Pérez Sánchez
Updated
Wall Street
ASX rises modestly after mixed jobs data; Origin dives
The Australian shares benchmark advanced for a fifth straight day after July jobs data showed a rise in unemployment, and steady US inflation data cleared the path for interest rate cuts there.
- by Penry Buckley
Updated
Wall Street
ASX edges higher as Temple & Webster soars, CSL slumps
The Australian sharemarket rose modestly on Tuesday amid a flurry of mixed earnings results that sent stocks including Temple & Webster soaring while CSL tumbled.Â
- by Sumeyya Ilanbey
Opinion
Opinion
Why we shouldn’t bet against a major sharemarket crash
Last week’s market wipeout is symptomatic of a wider problem that could turn into a global economic crisis.
- by Jeremy Warner