Business
Markets
Updated
World markets
ASX slides lower after Wall Street drifts ahead of data dump
The Australian sharemarket spiked at the open but fell into the red by midday as a slump in tech shares more than offset a rise in the nation’s banking stocks.
- by Staff writers
Latest
Opinion
Inside China
China’s property cancer is spreading through its economy
Four years after its biggest and most indebted property developer collapsed, China’s domestic economy is still struggling with the fallout.
- by Stephen Bartholomeusz
Updated
World markets
ASX closes in the red as miners fall; ASX Ltd tumbles
The Australian sharemarket lost ground on Monday as lower iron ore prices dragged down the big miners’ share prices.
- by Staff writers
Updated
World markets
ASX jumps as miners, banks bounce higher
The Australian sharemarket has closed the week on a high thanks to miners and the big banks, while Wall Street hit a fresh record overnight.
- by Millie Muroi
Households are being stung by higher costs as port fees soar: ACCC
The watchdog has called out a surge in fees charged to transport companies bringing goods such as electronics, cars, and clothing into the country.
- by Elias Visontay
Updated
World markets
ASX gains on jobs surprise and US rate cut
The Australian sharemarket broke its three-day losing streak and closed in the green, though disappointing results from the US tech giant Oracle soured the session for IT stocks.
- by Staff writers
Updated
Shares
ASX slips for a third day as tech stocks fall, gold miners advance
Gold miners bolstered the Australian sharemarket on Wednesday, but their gains weren’t enough to offset losses by interest-rate sensitive sectors such as technology.
- by Staff writers
ASX finishes in the red after RBA keeps rates on hold; TPG shares fall
The Australian sharemarket stayed in the red after the Reserve Bank held interest rates steady on Tuesday afternoon and said recent data suggested “the risks to inflation have tilted to the upside”.
- by Staff writers
Opinion
Trade
‘They’re killing their own customers’: Beijing, we have a $1.5 trillion problem
China has posted a record trade surplus of more than $US1 trillion, and that is before the year is even finished. Its trading partners are threatening to revolt.
- by Stephen Bartholomeusz
The winners and losers of an RBA rate hike
The prospect of the Reserve Bank raising official interest rates next year is money in the bank for these businesses.
- by Clancy Yeates and Millie Muroi
ASX snaps four-day winning streak as miners slide
The Australian sharemarket dipped lower to start the week as investors await the Reserve Bank’s interest rate decision on Tuesday.
- by Staff reporters
Original URL: https://www.watoday.com.au/business/markets