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ASX slips after Putin’s nuclear threat; Amcor shares fall

ASX slips after Putin’s nuclear threat; Amcor shares fall

The Australian sharemarket retreated from Tuesday’s record high after Ukraine fired American-made ballistic missiles into Russia for the first time, triggering fears of an escalation of the war.

  • by Daniel Lo Surdo

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ASX hits a fresh record as IT and energy stocks soar

ASX hits a fresh record as IT and energy stocks soar

The Australian sharemarket had a strong session, powered by energy, IT and industrial stocks after Wall Street recovered some of its sharp losses from last week.

  • by Daniel Lo Surdo
‘Drill, baby, drill’: What if the world doesn’t need Trump’s ‘liquid gold’?
Opinion
Oil

‘Drill, baby, drill’: What if the world doesn’t need Trump’s ‘liquid gold’?

Donald Trump wants America to dominate the global oil market. But his plans to boost production come as demand for the fossil fuel has weakened.

  • by Stephen Bartholomeusz
‘Crocodile of Wall Street’ jailed for role in theft of bitcoin now worth billions

‘Crocodile of Wall Street’ jailed for role in theft of bitcoin now worth billions

The woman who dubbed herself the “Crocodile of Wall Street” and “Razzlekhan” in rap videos was jailed for helping her hacker husband launder cryptocurrency.

  • by Sabrina Willmer
These rock-star stock picks could get markets talking next year
Opinion
Investing

These rock-star stock picks could get markets talking next year

From a travel agency battling COVID blues to a Spanish company with 100,000-odd cell towers, you never know where the next big thing might come from.

  • by Elizabeth Knight
How Wall Street and the Fed could derail Trump’s MAGA plans

How Wall Street and the Fed could derail Trump’s MAGA plans

Sharemarket investors were initially excited about the president-elect’s return to the White House but Jerome Powell quickly became the party pooper.

  • by Stephen Bartholomeusz
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ASX closes higher; CBA, CSL dip but utilities, miners pick up the slack

ASX closes higher; CBA, CSL dip but utilities, miners pick up the slack

The Australian sharemarket has started the week in positive territory, as investors await the release of minutes from the RBA’s most recent monetary policy meeting.

  • by Hannah Hammoud and Daniel Lo Surdo
‘Dutton deal’ and ‘Albo arbitrage’: Can markets predict the next PM?

‘Dutton deal’ and ‘Albo arbitrage’: Can markets predict the next PM?

Professional pollsters are having a hard time picking winners, and financial markets are much better at gauging public sentiment.

  • by William Bennett
ASX closes higher as big banks and utilities rally

ASX closes higher as big banks and utilities rally

The Australian sharemarket ended the day in the green following gains from utilities, real estate and banking stocks.

  • by Hannah Hammoud
Trump will spark a sharemarket boom – then an almighty bust

Trump will spark a sharemarket boom – then an almighty bust

Trump 2.0 is Trump unleashed. His policies and personality are a toxic mix that will poison the global economy.

  • by Jeremy Warner
ASX breaks three-day losing streak with miners the only weak spot

ASX breaks three-day losing streak with miners the only weak spot

The Australian sharemarket has made the most of a bright start to close in the green, with banks and IT stocks setting the pace.

  • by Rita Nazareth and Kayla Olaya

Original URL: https://www.watoday.com.au/business/markets