Investors wipe around $7.54bn from WiseTech amid board woes with founder Richard White. Perpetual sinks KKR deal, hangs ‘for sale’ sign over wealth arm. Iress heavy loser despite swing to profit. Ampol slashes dividends. Underlying earnings up for APA.
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
Takeover bids fire up Domain, Nine, Mayne. Coalition matches Whyalla support promise. RBA too slow to hike rates: Bullock. GYG down on ‘soft’ US sales. QBE soars. Bendigo Bank cuts rates.
Steel, aluminum producers mixed after latest Trump tariff threat. Is JB Hi-Fi topping out? Car Group, JB Hi-Fi and WiseTech leading losses. In contrast, Star and Ansell find support.
The Australian sharemarket closed just off a record high on Thursday, as renewed optimism in the US-China relationship, spurred a rally in key stocks.
Local market gains strongly, led by News Corp, banks, Wesfarmers and property stocks. REA shares rebound after boss sets end date, posts strong half-year results. Beach Energy logs earnings jump, but shares slump. Wesfarmers rises as UBS says the Bunnings outlook is positive.
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
Shares in Google parent Alphabet slumped on Wednesday amid rising trade tensions, raising questions about its ability to compete with AI rivals.
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
The Australian markets had a promising trading day until the last hour when news broke that China and the US had failed to negotiate on tariffs.
Cryptocurrency prices took a dive on Monday, with Bitcoin hitting a three-week low and Ether dropping to its lowest point since early September.
The stock picker will put to test the notion that smarter investing is about backing the ones with skin in the game.
A strong day for Aussie shares as the ASX 200 rises 0.5 per cent to a record high close at 8532.3. Origin cuts APLNG guidance. Citi upgrades BlueScope. Rinehart lifts Lynas stake. Broker upgrade for Zip. Lendlease selling Capella. US probing if DeepSeek used Nvidia chips. Trump advisors hunt for deals as Canada, Mexico tariffs loom.
Original URL: https://www.ntnews.com.au/business/markets/page/4