CBA leads bank losses, offset by gains in miners and CSL. RBA lowers chance of ‘severe’ hit to economy. Insignia’s relief rally as CC Capital’s lower-than-expected $4.80 per share offer lands.
The ASX 200 index fell sharply from a record high as banks are hit by profit taking. Resources outperform. AMP hails super win in volatile market. South32 beats FY25 output guidance. Insignia’s $3.4bn offer yet to materialise as talks continue.
A beloved boutique chocolate retailer is battling through a whopping rise in global cocoa prices, but Australia’s sweet tooth is helping out.
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
Bullish sentiment boosts local bourse as ASX 200 breaks key chart point. BHP’s FY26 production forecasts more subdued amid Jansen blowout, but CEO upbeat on China. Mesoblast banks first millions from key US product sales.
Bullish traders pushed the ASX higher as traders banked on a rate cut in August following disappointing employment figures.
June jobless rate spikes to 4.3 per cent, with some saying RBA’s recent hold call is ‘policy error’. AUD down. BUMA slaps statutory demand on Bowen.
A $150m childcare company has kept quiet on its response to the Joshua Brown allegations, even as other centres flag major changes.
Australia’s sharemarket had its sharpest one-day sell-off since May, with the major miners slumping during Wednesday’s trading.
Rio down on weak day for miners as investors digest mixed June quarter report, CEO update. G8 selloff continues on fresh alleged Vic offender update. DroneShield soars to another record high. Boost for Gina Rinehart’s US, Aussie rare earths bets.
The Australian sharemarket lifted to a fresh record high on Tuesday as investors followed gains on Wall St.
Mining giant Rio Tinto has appointed Simon Trott as its new chief executive, following the surprise resignation of Jakob Stausholm in May.
Original URL: https://www.couriermail.com.au/business/markets