Wall Street
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- World markets
ASX slides amid concerns over Middle East escalation while miners decline
The Australian sharemarket closed lower on Wednesday as investors track developments in the escalating conflict in the Middle East.
- Frances Howe
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- Biotech
This mysterious company has never sold a single product. Its founder is now worth $51 billion
A company that aims to treat neurological conditions such as ADHD and autism has made a dizzying share price surge without a single sale. It has made its founder very rich.
- Angel Adegbesan and Dylan Sloan
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- World markets
ASX edges lower after Trump’s Tehran warning; Gold, uranium stocks advance
The Australian sharemarket was treading cautiously after the US president’s comments raised fears of a wider conflict in the Middle East.
- Staff writers
- Opinion
- Middle East at war
The ticking time bomb facing the global economy
It is arguably the most important choke point in the global energy supply chain and is under threat from the Middle East conflict.
- Stephen Bartholomeusz
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- World markets
ASX closes flat; ASIC to probe market operator
The Australian sharemarket closed almost flat, with energy giant Santos surging on the back of a $30 billion takeover bid from a consortium led by Abu Dhabi’s national oil company.
- Staff reporters
Safe haven: ASX outperforms Wall Street amid Trump chaos
Investors, driven from the US market by Trump’s unpredictability, have sought out the semi-insulated ASX.
- Angus Delaney and Clancy Yeates
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- World markets
ASX dips as gold, energy stocks soar after Iran attack
The Australian sharemarket has closed in the red on Friday after explosions rang out in Iran’s capital, but energy and gold stocks have soared.
- Staff reporter
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- World markets
ASX closes lower as miners and banks decline; Qantas, gold miners rise
The Australian sharemarket declined on Thursday after US President Donald Trump dialled up trade tensions once again.
- Angus Delaney
- Updated
- World markets
ASX closes higher after US and China talks; investors ride momentum
The Australian sharemarket pared early gains after hitting a fresh record peak.
- Angus Delaney and Staff writers
- Updated
- World markets
ASX hits record high on US-China talk hopes; Monash plummets on IVF bungle
Investors have been buoyed by hopes this week’s talks between the US and China will ease global trade tensions, while CBA shares climbed to a fresh record.
- Staff reporters
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