Today
Iron ore faces ‘riot point’ in 2025 as Rio Tinto floods the market
The mining giant’s Simandou project will bring a fresh wave of supply late next year, further exacerbating growing stockpiles of the steel-making ingredient at Chinese ports.
- Alex Gluyas
This Month
ASX extends rebound ahead of Christmas
The sharemarket added 19.3 points in a shortened trading session, buoyed by a rally on Wall Street and hopes of a rate cut in early 2025.
- Updated
- Alex Gluyas
ASX records best session in six months, as bank, property stocks rally
Bargain hunters piled into the Australian sharemarket after two days of heavy selling, pushing the ASX 200 up 1.7 per cent and sending the banking and property sectors higher.
- Updated
- Sarah Jones
This pro-Trump ETF just smashed its rivals
An exchange-traded fund created for “flag-waving conservatives” beat its political competitors this year and the benchmark S&P 500.
- Updated
- Saijel Kishan and Jeff Green
The 11 wild trades of 2024: Booms, busts and a 2900pc windfall
As the trading year draws to a close, here are the biggest ups and downs, as told by reporters from all corners of world markets.
- Bloomberg News
ASX says it will trade as normal on Monday, narrowly avoiding disaster
The market operator had been hit by technical issues on Friday which meant that trades could not be settled. Staff worked through the weekend to fix the issue.
- James Eyers
The stocks that did the most damage in 2024 – and the ones that ruled
One fintech darling has more than tripled in the past 12 months, but the same can’t be said for lithium stocks on the front line of the EV slowdown.
- Joshua Peach and Joanne Tran
ASX scrambles to fix CHESS settlements outage as traders fume
At lunchtime on Friday as many stockbrokers went to end-of-year lunches, the market operator said its batch payments had failed, threatening a cash flow crunch.
- James Eyers
Chook awards for 2024 and stock picks for 2025
James and Anthony bring 2024 home to roost with the Annual Chook Awards. Plus get some sharemarket tips from a fund manager with a nearly $8 billion portfolio.
- Opinion
- Chanticleer
Macquarie’s Viktor Shvets nailed 2024. Here’s what he thinks will come next
No economic cycles? No mean reversion? Macquarie’s top global strategist’s radical view of markets challenges investors to consider how the world has changed.
- James Thomson
Fundie says this ASX non-bank lender is ripe for a rally
K2 Asset Management’s chief investment officer, David Poppenbeek, says small caps are in a “generational sweet spot”.
- Updated
- Joanne Tran
ASX plummets to six-week low in broad sell-off
Shares hit six-week low; Mesoblast up 50pc on breakthrough; BoJ holds on rate hike. Pay rejection for ANZ and Elders; AGL cops a fine. Follow updates here.
- Updated
- Timothy Moore and Nicola Blackburn
- Opinion
- China
There is a better way to make billions from China
The sheer scale and prominence of China in the global supply chain means economic dynamics there can affect investments that don’t have direct exposure.
- Shuli Ren
The 10 biggest surprises to wrong-foot investors this year
No rate cuts, surging bank valuations and resilient iron ore prices are some of the calls that the market and experts were incorrect on over the last 12 months.
- Updated
- Alex Gluyas
- Opinion
- Chanticleer
MYEFO has short-term gain and long-term pain for investors
Growing government spending will help prop up tepid ASX profits. But investors should fear the longer-term issues that are being created.
- James Thomson
Ten wildcard scenarios for 2025
To navigate the future, it can help to anticipate the unlikely. Here are 10 unbelievable-sounding things that could happen next year.
- The Economist
ASX slips ahead of Fed meeting; ASIC sues Binance, Insignia falls
Sharemarket flat ahead of Fed meeting. ASIC sues Binance; DigiCo and HMC Capital have rebounded; Insignia drops after rejecting Bain bid. Follow updates here.
- Timothy Moore and Nicola Blackburn
Meet the $3b Aussie wealth manager you’ve never heard of
Hakan Ozyon and Muzzammil Dhedhy have quietly built a major financial services player with $3 billion in funds under management, servicing Australian Muslims.
- Yolanda Redrup
- Opinion
- Commercial real estate
5 opportunities for commercial property investing in 2025
Sydney hotels, data centres and regional shopping centres are among the segments tipped to grow next year.
- Sam Tamblyn
Global fund managers are ‘super bullish’ on US equities
“Long magnificent seven”, which is long-term investment in US mega-cap tech stocks, has held the top spot for the most crowded trade for 21 consecutive months.
- Timothy Moore