ASX 200 ends down on weak China data
ASX at fresh five-week low. China GDP up 5.2pc in 2023. Ecuador seeks $US209m from Worley. NAB sees rates on hold until November. Evolution Mining dives, Citi upgrades to a buy.
Markets
Major brands hit by credit card scam
Thousands of Australian shoppers have fallen victim to a major online scam, affecting major brands.
ASX tumbles to four-week low
With all sectors posting declines, the local benchmark slumped to its lowest level in four weeks on Tuesday.
ASX a sea of red, down 1.1pc to four-week low
Consumer gloom continues, according to Westpac survey. Rio flags second-half China recovery. Lovisa, Seven, Super Retail hit by analyst downgrades.
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ASX retreats as supermarkets wobble
The Australian sharemarket more than surrendered its gains from the previous session as a host of blue-chip firms slipped into the red.
Big changes to buy now, pay later
The hyper-competitive buy now, pay later sector has a brand new player – a name that many will be familiar with.
What your power bill will look like now
Households across the nation can expect power prices to surge from July, although the residents of one state will receive a welcome discount.
Major bank backs bitcoin over real estate
In a major move, a US investment bank has told clients cryptocurrency has taken over real estate as its preferred alternative asset.
ASX gains 0.4pc; banks, miners, telcos rally
ASX ends higher despite a late selloff. Costa Group jumps on update, Chalice drops on $100m raise, Hesta to oppose AGL demerger, Flight Centre names new MD and Worley secures US job.
ASX shakes tech blues to move higher
The local sharemarket moved higher on Wednesday, even after technology stocks had another shocker.
Bitcoin to lose 70 per cent of its value
It’s been a horror few weeks for cryptocurrency – and now the two biggest blockchains are set to shed as much as 70 per cent of their current value.
ASX drops; BGH ups Virtus Health offer
ASX lower as tech stocks fall on Snap warning. BGH Capital matches CapVest’s Virtus offer, Mercer set to buy BT Super, Crown targets June takeover and The Lottery Corp debuts.
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