Wall Street
Updated
World markets
ASX edges higher amid growing Middle East conflicts
The Australian sharemarket closed slightly higher as US stocks drifted overnight, and Treasury yields rose following an encouraging update on the job market’s strength.
- by Kayla Olaya
Latest
Updated
World markets
Tech, consumer stocks drag ASX lower amid Middle East tensions
The Australian sharemarket closed the day lower, with energy stocks – boosted by a jump in oil prices overnight – unable to keep it in the green.
- by Jessica Yun
Updated
World markets
ASX retreats, Wall Street rebounds after Powell speech
The Australian sharemarket closed lower on Tuesday, weighed by the miners, despite Wall Street closing hitting record highs on Monday.
- by Jessica Yun
Updated
World markets
Iron ore miners lift sharemarket to record high
Miners pushed the Australian sharemarket to a record high after China announced a slew of stimulus measures last week.
- by Brittany Busch
Updated
Sharemarket
ASX’s miners bounce back with best week since 2015; Star plunges 44%
With a boost from the mining sector, the Australian sharemarket has finished slightly up to close at a fresh all-time high.
- by Staff reporter
The 39-year-old AI king set for a $15 billion bonanza
After a chaotic year during which he was fired and rehired, OpenAI co-founder and chief Sam Altman is set for a big payday as the company eyes a radical change.
- by Rachel Metz, Dina Bass, Ed Ludlow and Shirin Ghaffary
Updated
World markets
Miners and consumer stocks drive gains on ASX amid China hopes
The Australian sharemarket posted strong gains on Thursday, boosted by cyclical stocks such as retailers and tech companies, while miners powered ahead for a third day.
- by Staff reporter
Updated
World markets
Miners’ rally not enough to offset falling banks on ASX; Premier slumps
The Australian sharemarket has dipped on Wednesday, but the big miners have had another day of strong gains following a slew of stimulus measures by China’s central bank.
- by Staff reporter
Updated
Sharemarket
ASX closes lower as miners jump on China stimulus
The Australian sharemarket has closed slightly lower, after big miners rallied on the back of an announcement of Chinese stimulus.
- by Staff reporter
Opinion
AI
The $22 trillion question hanging over Wall Street
Some of the world’s biggest technology investors have lined up to bet on artificial intelligence pioneer OpenAI. They will be banking on a big return.
- by Stephen Bartholomeusz
Updated
World markets
ASX drops as Woolworths and Coles slump after ACCC action
The sharemarket has closed lower, dragged down by consumer stocks after the competition watchdog took legal against the country’s two biggest supermarkets.
- by Staff reporter
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