Business
Markets
Updated
World markets
Miners, tech companies sink ASX as China’s struggles rattle investors
The ASX has dropped sharply, following falls on overseas sharemarkets as China raises worries about the global economy.
- by Millie Muroi
Latest
Updated
World markets
Healthcare companies, wage data lift ASX after Wall Street gain
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
- by Millie Muroi
Updated
World markets
Miners weigh on ASX as $A slumps to nine-month low
Mining stocks dragged the ASX lower, and the Australian dollar dropped to its lowest point since November.
- by Millie Muroi
Updated
World markets
Energy stocks weigh on ASX, as Star soars
The ASX finished in the red after a lacklustre performance on Wall Street, where stocks wavered as investors reviewed the latest update on inflation across the US.
- by Jessica Yun
Money machines: The obscure way Wall Street raked in billions from Russia
The mass exodus of Western companies and investors from Russia a year ago created an opportunity and a dilemma for Wall Street’s financial titans.
- by Donal Griffin, Nariman Gizitdinov and William Shaw
Updated
World markets
Energy stocks power ASX after Wall Street slide
The Australian sharemarket closed higher on the back of energy companies after stocks fell on Wall Street ahead of a highly anticipated inflation report.
- by Millie Muroi
Opinion
Trade wars
Higher and higher: America keeps raising its fence against China
Concerned about the transfer of know-how for military or intelligence-gathering applications, the Biden administration restricts investments by US firms in Chinese tech companies.
- by Stephen Bartholomeusz
Another Chinese developer teeters, raising worries about the economy
Remember China Evergrande, that real estate behemoth whose mountain of debt sent markets spiralling in 2021? Now there’s concerns about another property giant.
- by Alexandra Stevenson
Updated
World markets
ASX finishes in the green as CBA rises on record profit
The Australian sharemarket closed 0.4 per cent higher, as investors in Australia’s biggest bank cheered a solid result.
- by Jessica Yun
Updated
Sharemarket
‘Deeply pessimistic’ consumer confidence weighs on ASX
The local sharemarket closed flat on Tuesday as Myer revealed its sales growth has practically ground to a halt, and consumer confidence data showed sentiment continued to worsen.
- by Millie Muroi
Opinion
Russia-Ukraine war
Vladimir Putin is getting a cash boost and the West needs to stop it
Surging oil prices are allowing Russia to generate more revenue to fund its war. It might be time for the West to step in.
- by Stephen Bartholomeusz