ASX 200 hits record highs
Interest rate-sensitive real estate and tech stocks surge. Uranium stocks rally. MUA and DP World reach deal. Atlassian halves net loss. Halo Food to be wound up.
Markets
Aussie dream dying as new loans collapse
The dream of owning your own home has motivated millions to save over generations, but the latest data on new loans for first home buyers suggests many Aussies are giving up.
ASX dives as Fed dampens rate cut hopes
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
ASX falls from record; Fortescue exec quits
Another high-profile Fortescue empire departure. IGO hit by South32 royalties claim, broker downgrades. Business confidence falls. SkyCity ups AUSTRAC penalty provision.
More Stories
Crypto spikes 10 times in value in two days
A cryptocurrency named Omicron soared in the market, jumping 10 times in value, after the WHO named the latest Covid variant.
ASX bounces back to close down 0.5%
ASX closed down 0.5% after erasing heavy losses, US futures up, tech stocks gain, BPAY boss to head up illion, LaTrobe Financial cops $750k penalty and Nuix more class action.
China’s Australia revenge plan backfires
China has swallowed its words in what is embarrassing for the communist nation but a clear win for Australia.
Bitcoin’s incredible surge defies Omicron
Cryptocurrency has made an incredible comeback while the rest of the world is feeling the economic shockwaves from Omicron.
Bell fund chief sees return of value in stocks
After a year and a half of blistering gains in global sharemarkets, Ned Bell believes buying opportunities could be just around the corner.
Omicron’s unexpected toll on bitcoin
The emergence of the Omicron covid variant has panicked investors and caused a dramatic plunge to the price of bitcoin, the biggest cryptocurrency.
Stocks plunge on new variant concerns
US stocks have plunged in a frantic sell-off amid growing concerns over the new Omicron Covid-19 variant.
ASX tumbles, slicing $41bn off stocks
ASX 200 falls 1.7 per cent at close as travel stocks plunge over Covid fears, CBA hikes rates for third time in six weeks, and Appen slump deepens.
Crypto fail costs people $1.4 million
Around 17,000 people who tried to use crypto to buy a rare copy of a historical document are now facing a huge bill.
ASX 200 flat in mixed trading
Australia’s share market was flat in mixed trade before Thanksgiving; EML soared on regulatory news, iron ore miners rose, banks fell.
Original URL: https://www.themercury.com.au/business/markets/page/190