Aussie sharemarket closes at record levels
A jump in Chinese manufacturing and anticipation of a rate cut led to the Australian sharemarket closed at an all-time record.
Markets
340 jobs at risk as Aussie paper mill teeters
The owner of Australia’s last remaining paper mill has warned that 340 jobs could disappear due to shock power shortages.
ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
Medibank tracks new record; HMC down as energy changes weigh
CC Capital still keen on $3.4bn Insignia bid amid delays. ASX 200 may climb to 8700 points by December. Broker upgrade lifts Medibank to all-time high. HMC energy head out in rejigged strategy.
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Aussie market dips on US tax jitters
Australia’s sharemarket dipped after setting a 50-day high, with growing unease over US spending plans sparking a cautious turn among global investors.
‘Hope’: Huge leap in dementia treatment
A breakthrough drug expected to give back years to hundreds of thousands of Australians suffering through a debilitating disease has been approved.
Big bank to cut 1500 jobs in huge cull
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
ASX gains on surprising RBA tone
Australia’s sharemarket traded higher on Tuesday after the Reserve Bank of Australia left the door ajar for more rate cuts.
400 jobs at risk as major retailer goes bust
A legendary motorcycle retailer with a 55-year history has entered voluntary administration, putting 400 jobs in limbo.
ASX jumps on rate cut call
ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.
Mixed day for Big Four; Paladin leads uranium falls
CBA hits intraday record of $172.92, surges past best ‘fair price’ estimates. What to expect from the RBA next week. Trump’s week of Arab bromance. David Dicker steps down from Dicker Data.
CBA hits record high; RBA set to cut rates
The sharemarket has closed higher for a seventh day in a row following April’s 89,000 jobs bounce and expectations the Reserve Bank will cut interest rates on Tuesday. CBA continues to power ahead, hitting a record of $169.74. GrainCorp soars on profit upgrade.
ASX extends rally on shock jobs figures
A surge in the banking sector on the back of better than expected employment figures has helped drive the ASX200 higher during Thursday’s trading.
Major update in historic Aussie rocket launch
There’s been a huge update as Gilmour Space Technologies enters its launch window to fire off a rocket into orbit.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/12