Today
IMF warns Chalmers; Origin’s hydrogen blow; OpenAI’s $229b moment
Read everything that’s happened in the news so far today.
ASX to edge higher, S&P 500 advances modestly
Australian shares are set for a muted start. Tesla slumps as it missed high delivery expectations. OpenAI secures funding. Oil tempers its rally.
- Updated
- Timothy Moore
Yesterday
PM condemns Iran; Vance debates Walz; CBA shuffles ranks
Read everything that’s happened in the news so far today.
ASX to rise; Apple, Nvidia drop as new quarter begins
Australian shares are set to open higher, US stocks closed lower, paced by the megacap leaders. Oil briefly spiked as Iran attacked Israel.
- Timothy Moore
This Month
How to know if it’s time to sell shares
Sometimes it’s best to sell slowly; at other times quicker is better. Experts weigh in on how to know when it’s time to sell.
- Lucy Dean
ASX to fall, S&P 500 ends its quarter on a positive note
Australian shares are set to open lower. The S&P 500 rose as Jerome Powell reassured markets that lower rates lie ahead, albeit he signalled at a moderate pace.
- Timothy Moore
September
ASX has best September quarter since 2013 amid worries it has peaked
More certainty of interest rate cuts and big economic stimulus sent the local sharemarket 6.5 per cent higher. But lower earnings growth is worrying investors.
- Joshua Peach
Magellan raider Nick Bolton’s assets frozen by Supreme Court
A rather extraordinary freezing order has been placed over Bolton, after his investment vehicle loaned nearly $5 million to an Italian entity associated with him.
- Myriam Robin
- Opinion
- Sharemarket
Markets are on their best behaviour as the bulls take charge
The Fed is cutting interest rates and China’s policymakers are pumping its economy with money. Is there anything standing in the way of global sharemarkets?
- Jonathan Shapiro
ASX hits fresh record; Dutton calls for arrests; Five bubble dangers
Read everything that’s happened in the news so far today.
ASX set for fresh record as investors bank on China and rate cuts
Futures indicate the S&P/ASX 200 Index is poised to advance 0.3 per cent at the opening bell, enough to reset Friday’s record high.
- Joanne Tran
- Opinion
- Sharemarket
The ASX’s ‘switch from hell’ has only just begun
The dominance of the banks over the miners in 2024 has been off the charts. But developments out of Beijing could be the catalyst for a final quarter comeback.
- Jonathan Shapiro
Dow resets record high, S&P 500 drifts lower
The S&P 500 ended the final trading session of the week modestly lower. Iron ore extends rebound, for now. Bitcoin holds above $US65,000.
- Timothy Moore
- Opinion
- Chanticleer
Buyout maverick Crescent Capital shakes up private equity
One of Australia’s most successful private equity firms, Crescent Capital, like its founder Michael Alscher, is happiest operating below the radar.
- Updated
- Anthony Macdonald
Rajiv Jain’s GQG cops $725,000 fine for muzzling would-be whistleblowers
US regulator hauls up the fund management giant for violating whistleblower protections by making staff sign overly restrictive non-disclosure agreements.
- Joshua Peach
Dan Murphy’s parent Endeavour rocked by CEO exit
Over three decades Steve Donohue rose from the Dan Murphy’s shop floor to the top job. On Friday, he shocked the market with his departure.
- Updated
- Carrie LaFrenz
Star dives 50pc; Endeavour CEO exits; Negative gearing admission
Read everything that’s happened in the news so far today.
ASX to rise, S&P 500 boosted by materials, tech
Australian shares are set to open higher. S&P 500 resets closing record high. Iron ore tops $US100, gold, copper rally. Oil sinks on Saudi rethink.
- Timothy Moore
China pledges more stimulus, driving asset prices higher
China’s Politburo injected fresh excitement into financial markets on Thursday, pushing for more fiscal spending to stabilise the property sector.
- Updated
- Alex Gluyas
Guzman y Gomez IPO backers sell stake as stock joins ASX 200
The hottest IPO darling in recent memory has rallied hard since listing in June, but a few early investors have taken some money off the table.
- Joshua Peach