ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Technology
ASIC prepares to bet it all on casino legal fight
The regulator’s blockbuster action against the casino’s former directors is about to start. And the stakes couldn’t be higher.
Warning over mass Aussie skill shortage
Alarm bells have been raised over fears Australia will face a mass skill shortage across key industries, unless slipping education standards are halted.
Trump launches AI into a new space race
The new Trump administration’s massive spending plan will certainly flow through to a handful of Australian companies already enabling artificial intelligence.
More Stories
Besieged billionaire CEO stands down
After weeks of embarrassing headlines, billionaire Richard White has stood down from key roles of the major tech company he founded.
Bank staff ‘break in’ to help customers
As customers of banks were left high and dry in Broken Hill’s blackout, staff of the locally-owned bank went to extremes to help customers.
Why Bank of America’s boss thinks the inflation fight has been won
Bryan Moynihan says in an interview says the US economy can absorb two more modest interest rate cuts this year, but has a warning about debt.
Renewed optimism leads to ASX rally
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
How ‘dumb luck’ launched a $1 trillion opportunity
Stonepeak founder Mike Dorrell was in the right place at the right time. But the highly sought after fund manager is rewriting the rules on infrastructure.
WiseTech’s board confronts tough choices with White
The billionaire founder of WiseTech Global, Richard White, has the backing of his board but there are active discussions about the chief executive taking leave from the tech major.
ASX continues record breaking week
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
How Blackstone became an ‘AirTrunk believer’
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
Oil, debt and China: A trifecta of threats to global recovery
For Citi’s New York-based global economist, Nathan Sheets, the difference between a recovery and global recession are finely balanced.
‘Fiddling’: Surcharge crackdown lashed
A crackdown on card surcharges has been criticised as “fiddling around the edges while Rome burns”.
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