Mining giant cops huge $23.7bn disaster bill
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
Australian Dollar
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
ASX continues record breaking week
The ASX has closed at another record high this week, driven by stronger than expected Australian economic news.
ASX falls from record high
Australia’s sharemarket has temporarily fallen from its record high on Tuesday, as tech stocks offset strong gains by banks and miners.
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Historic gold mint releases new coins
Australia’s largest precious metals mint will celebrate 125 years in operation with the release of five special coins, including a gold coin with a mintage of just 500.
Supermarket giant backs new $190m fund
Australia’s largest retailer is going direct to the world’s top start-up companies to keep Aussie supermarkets at the forefront of emerging tech.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
Stocks drop as rate cut jitters return
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
ASX hit by faltering US rate cut hopes
Taking its lead from Wall Street, the local benchmark slipped as rate cut expectations continued to unwind.
ASX edges lower after reaching record
After resetting its intraday record, the benchmark edged lower as traders grew skittish.
Miners push sharemarket to new record
Following a rebound in commodity prices, the local benchmark advanced to hit an all-time high on Thursday.
ASX slips ahead of inflation print
Ahead of key inflation data at home and abroad, Australia’s share market slipped on Tuesday as investors took profits.
Surge in real estate pushes ASX higher
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
ASX rallies on US interest rate outlook
The ASX booked a ‘relief rally’ on Thursday on the back of a US Federal Reserve meeting that maintained its outlook for three rate cuts in 2024.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/24