‘Resilient consumers’ expected to buoy results
Australians are doing it tough but they’re a resilient bunch, the results of big consumer businesses are expected to show when they report this week.
Australians are doing it tough but they’re a resilient bunch, the results of big consumer businesses are expected to show when they report this week.
Despite conflict in the Middle East and Ukraine, the drivers of last week’s sharemarket sell-off are based on economics and earnings, not geopolitics.
Large premium increases in Australia helped lift QBE’s profit as it now attempts to improve returns from its North American operation.
Stocks rise after strong US gains in response to lower-than-expected jobless claims data and commodities rise on China CPI beat. Super Retail boss ‘used company funds to further affair’: court docs. News Corp flags ‘external interest’ in Foxtel. Life360 shares jump as much as 20pc after revenue rise.
The Reserve Bank of Australia’s ongoing commitment to raise rates if it deems it necessary in the future continues to influence Aussie investors.
The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA ‘won’t hesitate’ to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.
The Aussie share market is bouncing back after experiencing a shocking start to the week.
A $21m healthcare company that specialises in a hi-tech wireless earbud has gone bust in a fallout with a key supplier.
The Treasurer moved quickly to ease fears of a recession after the ASX suffered a very costly $100bn one-day drop.
In this special investor guide, health and biotech guru Tim Boreham leads Stockhead’s deep dive into the most cutting edge sector on the ASX.
Local shares extend gains for a second day, with nearly all 11 sectors in the black. Property and energy stocks found strong support following a rebound in the US. Nikkei up 4.3 per cent on Bank of Japan news it won’t raise rates while markets unstable.
The ASX has clawed back some ground after sweeping meltdowns on global sharemarkets led to big losses at the start of the week.
Financial markets are supposed to capture the wisdom of the crowd, but on Monday the crowd ran in all directions waving its hands in the air screaming. One particular data point triggered the panic.
Local shares finish higher after major sell off. RBA governor Michele Bullock says there will be no interest rate cut in the next six months. Wall Street bled overnight amid a global sell-off.
Carnage on Asian stock markets and a global sell-off fuelled by fears of US recession have driven speculation the RBA could shift from controlling inflation to stimulating growth by early 2025.
Hopes that Guzman y Gomez’s strong start to life on the ASX would jump start a dormant domestic market for listings failed to materialise. Could this work instead?
Investors wiped more than $100bn off the local bourse on Monday as a global sell-off accelerated after US economic data indicated the world’s biggest economy could sink into recession.
Tips and exercises to strengthen and prevent pain from midlife onwards.
Australia’s top 200 companies are only 30 women short of reaching a historic target in the fight to appoint more female directors.
Australian investors suffered the worst trading day on the ASX since May 2020 as fears of a recession in the US sent share prices, oil and the dollar sharply lower.
Original URL: https://www.theaustralian.com.au/topics/asx/page/22