ASX plunges to six-month record low
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
World Markets
China woes to stymie Aussie cash cows
Australia’s economic outlook has darkened, with the value of resource exports set for a staggering fall on the back of a China slowdown.
$300bn issue in major energy change
The world’s largest mining company is warning global climate change aspirations are at risk because investment in a key ingredient to fuel a green future is too low.
ASX flat despite inflation jump
While inflation data jumped higher for the first time in four months, the local benchmark barely budged on Wednesday.
ASX 200 sinks to two-month low
A continued correction following last week’s rates warnings pushed the local sharemarket to a two-month low on Tuesday.
ASX slumps to 10-week low
The local sharemarket was a sea of red on Thursday after hawkish signals from the US Federal Reserve overnight triggered a broad sell-off.
Major update in worker fight with gas giant
There’s new hope of a resolution to the industrial dispute affecting global energy markets with union workers agreeing to consider a set of recommendations to end the strike.
Qantas share bombshell as ASX jitters
Qantas stocks plummet after news that Alan Joyce pocketed a $21.4 million salary in the 2022-23 financial year.
‘Buoyant’: Winemaker sees hope in China
One of Australia’s leading winemakers travelling in a special delegation to China reveals why he is so optimistic about the future.
Plunge in Tech shares drags ASX down
All 11 sectors finished in the red on Monday, with the local benchmark dragged down by a sell off in tech stocks.
ASX jumps as miners soar
The share market soared on Friday as strong leads from Wall St and Europe and better-than-expected data from China lifted traders’ confidence about the global economic outlook.
‘Opportunity’ for Australia to help Ukraine
Australia has begun negotiations with Ukraine over a deal that will cut both ways and help rebuild the war-torn country.
ASX up on iron ore, banks
The Australian share market closed in the green on Thursday, as iron ore miners and the big banks pulled the benchmark higher.
Genius Aussies plan to slash power bills
Energy prices are a big part of the cost-of-living crisis crushing Australians, but some Sydney university students and tech visionaries are working on a new fuel that would eliminate power bills.
ASX falls after US tech rout
The Australian share market was dragged lower on Wednesday after an overnight tech rout on the Nasdaq weighed heavily on the local benchmark.
Date set to hear gas workers dispute
The Fair Work Commission noted the dispute between Chevron and unions has a potentially devastating effect on global energy markets, which was a key reason to expedite the next hearing.
Giant losing $76m a day in worker battle
Millions of dollars in revenue and an important pipeline for world energy supply hang on the outcome of a Fair Work Commission hearing booked for Tuesday.
Miners weigh down ASX
Falls in the materials sector saw the local sharemarket close lower on Friday, while Apple stocks took a battering in the US overnight.
Deadly finds in some food imports
Australia’s biosecurity officers have flagged some dodgy and potentially life-threatening food imports bound for our plates.
Shock twist in Evergrande crisis
Evergrande sparked global panic with a drastic and unexpected move this week – but now, there’s been a new twist in the saga.
Crisis could impact ‘literally the entire world’
China’s Evergrande nightmare has caught the world’s attention – and now, there’s a new sign it could have “profound ramifications” for us all.
‘Contagion’: Fears as second firm in crisis
As Evergrande faces total ruin, a second Chinese property developer is now drowning in debt, sparking concerns a contagion is underway.
‘Possible storm’: China braces for collapse
The fate of one of China’s biggest companies is hanging in the balance, with authorities reportedly quietly warning of its looming downfall.
‘Speechless’: Man becomes $6.5 billion richer
The net worth of the CEO of the world’s hottest company skyrocketed this week after profits that left the industry “literally speechless”.
Profit slump hits big Aussie miner
The Big Australian has produced billions in profits for shareholders, but the heady days of 2022 look to be over.
Why Aussies will pay less for bottle of wine
Australian wine lovers look set to enjoy quality reds at reduced prices for years to come because of these factors.
PM warns business on undercutting workers
The prime minister has called on bosses to ditch cuts to workers’ entitlements, arguing that one thing will help business succeed.
Aussie dollar drops as $11b horror hits China
Shares in Chinese property giant owned by one of the richest women in Asia have tumbled dramatically, reigniting fears for the nation’s economy.
Stock market hits three-week low
The ASX 200 crossed below its 20-day moving average during Monday’s trade, negatively affected by US jobs data.
Price of Aussie favourite set to stay high
The hot European summer is pushing up the price of one of Australia’s favourite grocery products, and it is expected to stay high for a while.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/15