ASX up as miners surge higher
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
Snapping a two-day winning streak, Australian shares sank on Thursday.
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
The benchmark eked out a 0.1 per cent gain on Wednesday after the financials sector rallied late in trading.
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
Shares slipped on Monday as iron ore miners sank and fears intensified of a weaker-than-expected GDP reading in the final three months of 2024.
The local share market was off to a record breaking start in March, as fresh highs on Wall Street and positive manufacturing data from China bolstered the benchmark.
The ASX surged to a near record high on Thursday after soft inflation and retail data suggested an end to the RBA’s rate hiking cycle.
One of Australia’s biggest banks has just announced a new round of job cuts, with some of the positions set to move offshore.
Google’s AI platform Gemini has been rocked by controversy over its bizarre outputs, leading investors to desert the company.
Despite fresh inflation data showing consumer prices held steady in January, the share market edged lower on Wednesday.
A billionaire CEO who has been dubbed a ‘Chinese Elon Musk’ has just seen his personal wealth skyrocket by a staggering amount.
A dramatic boom in US tech stocks overnight pushed the local share market higher on Friday.
An expected boom in US tech stocks was not enough to lift the ASX on Thursday.
The Australian share market edged up slightly on Monday’s trading despite a dramatic fall in real estate stocks.
The CEO of a rideshare giant has accepted responsibility for a seemingly small typo that created a $2.8 billion shockwave.
Three Aussie drop outs created a $100m business from Bondi, Australia. Here’s how they will take on America.
Gains in utilities and materials saw the Australian sharemarket climb on Wednesday as companies announced some big news.
From the legendary Los Angeles Police Department to a school district in Las Vegas, one Aussie tech company is soaring in the budding virtual reality market.
Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
The ASX came within 2.3 points of breaking its record high set almost two and a half years ago.
The energy sector propelled the benchmark higher on Monday as fears of a broadening of conflict in the Middle East intensified.
Domino’s Pizza has suffered a huge blow to its share price despite reaching a six year sales high due to one issue.
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/6