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ASX dips as CBA retreats; miners get China boost

ASX dips as CBA retreats; miners get China boost

The Australian sharemarket lost ground on Friday as banking giant CBA fell from a historic high and the technology sector declined.

  • by Staff reporter

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ASX closes flat as Lynas, MinRes shine, CBA holds strong above $180

ASX closes flat as Lynas, MinRes shine, CBA holds strong above $180

The Australian sharemarket gave up early gains to close flat as investors took a breather in a muted session.

  • by Staff reporter
ASX closes near all-time high, led by energy stocks; CBA jumps above $180

ASX closes near all-time high, led by energy stocks; CBA jumps above $180

The Australian sharemarket extended its gains after a solid lead from Wall Street and softer-than-expected local GDP figures, which raised hopes for further rate cuts.

  • by Staff reporters
ASX closes at 11-week high; CBA hits fresh record, IPD plummets

ASX closes at 11-week high; CBA hits fresh record, IPD plummets

The Australian sharemarket climbed to its highest point since mid-February, boosted by the big four banks and energy stocks.

  • by Staff reporters
Why America may never be great again

Why America may never be great again

When J.P. Morgan chief Jamie Dimon speaks, it’s best to pay attention.

  • by Stephen Bartholomeusz
ASX buckles under tariff concerns; Soul Patts, Brickworks jump on $14b merger

ASX buckles under tariff concerns; Soul Patts, Brickworks jump on $14b merger

The Australian sharemarket declined on Monday as investors were once again in a cautious mood as they grappled with US President Donald Trump’s trade wars.

  • by Staff reporter
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Trump hates it, but ‘TACO’ is the secret to his resilience

Trump hates it, but ‘TACO’ is the secret to his resilience

The US president may not like Wall Street’s ‘Trump Always Chickens Out’ trade but the spirit of it is what makes him viable.

  • by Ross Douthat
Australian sharemarket ends week on a high as Trump uncertainty swirls

Australian sharemarket ends week on a high as Trump uncertainty swirls

The local bourse edged upwards as investors reacted to a court battle over the US president’s sweeping tariff agenda.

  • by Staff reporter
Bitcoin Beach: How a small seaside town became cryptocurrency ground zero

Bitcoin Beach: How a small seaside town became cryptocurrency ground zero

Just a few years ago, surfers sniffing out the region’s world-class waves would have to drag their boards down dirt roads to reach this stretch of tropical shoreline. But then it transformed.

  • by Susie Coen
As Musk exited the White House with a grenade, a ‘nasty’ surprise awaited Trump
Opinion
Trade wars

As Musk exited the White House with a grenade, a ‘nasty’ surprise awaited Trump

Despite the president’s protestations, markets are picking up on Donald Trump’s Michael Jacksonesque moonwalk in his global trade war - appearing to walk forward but going backwards.

  • by Elizabeth Knight
ASX closes at three-month high after US court blocks Trump tariffs

ASX closes at three-month high after US court blocks Trump tariffs

Investors reacted positively to the latest twist in Donald Trump’s tariff plan, but uncertainty about the global trade outlook remains high.

  • by Frances Howe

Original URL: https://www.smh.com.au/business/markets