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Employment falls; Trump ‘approved’ Iran plan; 2 unis in world’s best

Read everything that’s happened in the news so far today.

Wall Street slid on Wednesday.

ASX flat despite jobs data miss; KMD slumps to record low

ASX seesaws; Wisetech dips after board changes; France’s EDF buys 75pc of EnergyAustralia’s pumped hydro project. Follow live.

ASX dips; Fortescue, MinRes, BHP fall as iron ore extends decline

Australian shares fell; Optus hit with $100m penalty for sales tactics; NextDC shares tipped to double; UBS upgrades oOh!Media to “buy”. Follow live updates.

US dollar back as a safe haven? Not so fast

The greenback’s sudden resurgence may be more about oil prices and shifting global money than investors seeking safety from the escalating Middle East conflict.

BlackRock cuts ASX exposure again. Here’s where it’s looking next

After a stunning rebound in Australian equities, BlackRock has decided to take profits to invest elsewhere. It’s also worried about the US dollar.

PM mulls NATO visit; High Court rejects CFMEU challenge; Markets’ Iran fears

Read everything that’s happened in the news so far today.

Opinion & Analysis

‘Stupid’ Powell is the ultimate lame duck central banker

US Federal Reserve chairman Jerome Powell was smart to hold rates. But only Donald Trump’s Fed call matters now, and it could make all hell break loose.

Chanticleer

Columnist

Chanticleer

Reviving Australia’s public markets requires more than just deregulation

It is not just about cutting red tape. It requires rebuilding the ecosystem so that listing is attractive for issuers, and investing in listed equities is rewarding.

Carole Comerton-Forde

Finance expert

Carole Comerton-Forde

Trump is bringing markets’ biggest Iran fears closer

The prospect of a US attack on the Islamic Republic is already moving prices. It creates the potential for an energy shock investors thought they had dodged.

Chanticleer

Columnist

Chanticleer

The ‘buying vortex’ that could inflate the CBA bubble further

The Commonwealth Bank’s surging share price is an obsession for the local market for good reason. One veteran bank watcher says its run may not be over.

Chanticleer

Columnist

Chanticleer
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Meet the Fundie

Jacob Celermajer, portfolio manager at Cordis Asset Management.

How a $170,000 X-ray helped this fund to make money

In a world where people live so long that their organs wear out, Cordis fund manager Jacob Celermajer has been buying up companies that tackle some of the world’s most chronic diseases.

Elise McKay, co-portfolio manager of Pendal’s Horizon fund, was born in Hong Kong, finished high school on the Gold Coast, and worked in Washington DC when Donald Trump was first elected president.

The ASX stock picks that put this Pendal fund back on track

Working alongside Crispin Murray, newly promoted portfolio manager Elise McKay is sticking with the ASX’s tech sector, alongside SGH and Commonwealth Bank.

Warakirri’s diversified agriculture fund manager Steve Jarrott has made big acquisitions in the wine, citrus, berry, and nut sectors.

Here’s how this fundie is making money from the land

Warakirri’s Steve Jarrott is looking to buy up more agricultural land just as farmers enjoy the fruits from the US-China trade wars.

More From Today

Donald Trump is casting a big shadow over Jerome Powell’s final year as Fed chair.

‘Stupid’ Powell is the ultimate lame duck central banker

US Federal Reserve chairman Jerome Powell was smart to hold rates. But only Donald Trump’s Fed call matters now, and it could make all hell break loose.

Reviving Australia’s public markets requires more than just deregulation

It is not just about cutting red tape. It requires rebuilding the ecosystem so that listing is attractive for issuers, and investing in listed equities is rewarding.

Yesterday

The widening of the conflict in Iran is now a distinct possibility.

Trump is bringing markets’ biggest Iran fears closer

The prospect of a US attack on the Islamic Republic is already moving prices. It creates the potential for an energy shock investors thought they had dodged.

This Month

A Real Housewife, townhouses and mobile phone in billionaire feud

Billionaire Alex Waislitz attempted to settle a long-running dispute with his future sister-in-law six months after she launched her legal claim.

As the ASX trades near record levels, there are some stocks that brokers say investors should be selling.

Brokers and investors collide on these four ASX stocks

As the sharemarket pushes Commonwealth Bank and JB-Hi to record highs, analysts are warning the rally in some stocks won’t last.

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CBA chief executive Matt Comyn has overseen a huge share price surge.

The ‘buying vortex’ that could inflate the CBA bubble further

The Commonwealth Bank’s surging share price is an obsession for the local market for good reason. One veteran bank watcher says its run may not be over.

There’s a real fork in the road for private credit in Australia.

ASX edges lower; Santos takeover bid has ‘long way to run’: Chalmers

Australian shares slipped after Trump’s Tehran warning; BoJ holds rates; CSL dips despite FDA approval; uranium stocks extend rally. Follow live.

AFR ESG SUMMIT 2025 Panel | Navigating sustainable growth: balancing governance and financial returns in ESG Speaking is Alice Bielawska, Director of Asia-Pacific Research, Glass, Lewis

Alice Bielawska, director of asia-pacific research advisory Glass Lewis said

Risk matters more than ESG label

How to balance good governance with financial return for shareholders remains a burning issue when it comes to ESG investing.

Barrels at a uranium production facility in Utah. Shares in ASX-listed producers and developers have soared this week.

Panicked investors rush to uranium stocks to beat price spike

Traders are rushing to get exposure to the nuclear fuel as the world’s largest physical uranium fund prepares to go on a buying spree.

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Trump’s G7 exit snubs PM; US moves warships; Israel-Iran wildcard

Read everything that’s happened in the news so far today.

The price of oil fell on Monday night, but the potential for an energy shock isn’t over.

Markets say Israel-Iran is done. This could be the wildcard

Donald Trump’s call for Tehranians to evacuate backs investors’ view that their nation’s defeat looks almost certain. But the danger hasn’t completely passed.

A closure of Hormuz could propel international oil prices to as high as $US130, JPMorgan predicted.

Should investors buy oil stocks amid Iran-Israel conflict?

Traders had been positioning for Israel’s attack on Iran, but there is still anxiety that prices could continue to surge well beyond $US100 a barrel.

Shares to fall as Middle East tensions escalate; oil spikes above $US78.32. Adnoc agrees to buy Santos; PointsBet rejects Betr proposal. Follow live.

ASX edged higher as oil spikes; Santos up 11pc; Tourism Holdings soars

Shares rose despite escalation of Middle East tensions; SA premier talks to XRG on Santos bid; Vulcan boss resigns; oil spikes above $US78.32. Follow live.

The new hedge fund that invests in ASX 300 companies.

UniSuper invests $500m in new ASX hedge fund

The new quant fund run by RQI Investors’ Joanna Nash is using AI to make stock bets – it is long Qantas, but also betting against IDP Education.

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$30b Santos bid; ASIC probes ASX; PM to negotiate EU pact

Read everything that’s happened in the news so far today.

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Jacob Celermajer, portfolio manager at Cordis Asset Management.

How a $170,000 X-ray helped this fund to make money

In a world where people live so long that their organs wear out, Cordis fund manager Jacob Celermajer has been buying up companies that tackle some of the world’s most chronic diseases.

Viktor Shvets says investors are seeing what an America First world looks like.

Viktor Shvets’ big lesson for investors from the Israel-Iran conflict

The battle between the two Middle East nations shows we live in a world of rising volatility and risk. Shareholders keep ignoring both.

Australia’s regulatory framework has been trailing behind for some time.

What ASIC’s review into public and private markets misses

The ASX’s ambition for Australia to be the most attractive place to list globally is worth striving for, but it needs to be grounded in reality.

Alphabet and Google CEO Sundar Pichai.

Is Google facing its own Kodak moment with the rise of AI?

A new age of search is dawning on us, but the sharemarket can’t work out if the dominant player can maintain its status as the internet’s front door.

People observe fire and smoke from an Israeli attack on the Shahran oil depot in Tehran.

Markets on war footing as oil spike threatens ASX rally

The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid escalating tensions in the Middle East.

Original URL: https://www.afr.com/markets