‘Mixed bag’: ASX trades sideways
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
The ASX 200 has again traded sideways on Thursday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
The precious metal could double in price as central banks continue to cut interest rates.
Australia’s budget surplus is one of the best in the world, but it’s not all good news for the economy.
The ASX 200 traded sideways on Wednesday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
Australia’s largest regional airline has declared Covid-19 vaccines will be mandatory for all frontline staff.
Already one of Australia’s best-paid executives, Qantas boss Alan Joyce has pocketed a handsome jump in pay over a horror year for the airline.
Just as Australia’s parcel delivery network buckles under the strain of an online shopping boom, couriers plan to walk off the job.
The ASX was dragged lower by miners, with Fortescue battered by an iron ore price plunge, while a tech firm was left at the altar.
The price of Australia’s biggest export continues to plummet and it’s only going to get worse, experts say, as demand shrinks and supply expands.
The ASX finished firmly in the green, with Priceline’s owner and Myer recording double-digit gains on takeover and profit news.
A controversial project has been given the green light as credit experts note financing is drying up for the ‘dirty’ industry.
There’s new proof that unemployed people are giving up trying to look for a job in Australia, while lockdowns have slashed hours worked.
The ASX could not recover from an early stumble on the back of a negative US lead, weighed down by resources sector giants.
New data has confirmed the regional real estate hotspots sent soaring by the ‘escape from the city’ phenomenon.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/158