ASX 200 soars to two-week high after strong US gains. RBA boss says no rate cuts likely in the near term. ASX Ltd dips amid calls for chair exit. Banks rise on positive signs for net interest margins. Dispute settlement lifts Synlait, A2M. PWR Holdings dives.
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
Serious concerns from steel makers in China and big drops in key energy and medical stocks weighed on the ASX Thursday.
AUD rises on ‘quite tight’ jobs market. Cochlear, Origin sink on profit miss . Telstra rises despite profit fall. Treasury Wine lifts on China boost. Goodman dips on mixed results. Nufarm tumbles on earnings downgrade.
Bullock says ‘the war isn’t yet won’ on inflation, RBA ‘not ruling anything in or out’. Dollar falls. Telstra hit with two-hour outage. Bank of Japan’s first hike in 17 years. Takeover targets Pacific Smiles, Boral gain.
Australia’s biggest company has just made a big call on its ambitions and it could influence corporates everywhere.
With household borrowers desperately holding out for an easing in interest rates, traders on Monday trimmed their rate cut bets.
Vitamins group Nature’s Care in receivership. ANZ boss says rate cuts may not come this year. Iron ore futures back above $US100. China economic data slightly better than expected. Superloop drops.
An Australian state is being hardest hit by the housing crisis with families forking out more than half their income for their mortgage.
Aussie equities fell on Friday, as iron ore dragged and investors grappled with hotter-than-expected US inflation data.
ASX down 2.3 per cent this week. AGL slams nuclear debate as muddying landscape. ASIC concerned by Westpac process. Tabcorp CEO’s comment was about female regulator. ARN Media lifts Southern Cross bid.
Snapping a two-day winning streak, Australian shares sank on Thursday.
The sharemarket has closed slightly lower, as Macquarie downgrade hits banks. Appen dives as takeover bid dropped. Superloop soars as wins contract, Aussie Broadband tanks.
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
Original URL: https://www.thechronicle.com.au/business/markets/page/45