Business
Markets
ASX declines, weighed down by rate concerns and losses on Wall Street
The Australian sharemarket had a soft start after a weak lead from Wall Street amid speculation the RBA could raise rates to a 12-year-high on Melbourne Cup Day.Â
- by Millie Muroi
Latest
Opinion
Inside China
China’s $217 billion attempt to stimulate a sluggish economy
China has announced spending that will make its budget deficit the largest in 30 years. It’s the biggest attempt yet to lift a weak growth rate that is threatening Xi Jinping’s long-term ambitions.
- by Stephen Bartholomeusz
Updated
Sharemarket
ASX drops as inflation surprise raises risk of interest rate rise
The Australian sharemarket reversed its earlier gains on Wednesday as the latest inflation data kept the door open to another Reserve Bank interest rate rise.
- by Millie Muroi
Opinion
Energy
China’s slowdown and the looming glut of fossil fuels
The International Energy Agency predicts peak demand for oil, gas and coal within this decade. It would be grim news for major fossil fuel exporters like Australia.
- by Stephen Bartholomeusz
ASX drifts higher as miners and energy companies gain
The sharemarket bounced up from a 12-month low on the back of energy companies and miners after a mixed day on Wall Street amid a renewed bout of bond market volatility.
- by Millie Muroi
Opinion
Interest rates
The world’s most important interest rate sounds a warning
The yield on US 10-year government bonds briefly hit 5 per cent on Monday for the first time since 2007, a level that could threaten the prices of property and shares.
- by Stephen Bartholomeusz
Opinion
AI
China-US AI tensions take another turn for the worse
After the US announced tighter restrictions on exports of advanced semiconductors to China last week, China has responded by introducing export controls on graphite, a critical material used in the batteries of electric vehicles.
- by Stephen Bartholomeusz
ASX hits one-year low as interest rate jitters sours sentiment
Consumer stocks and healthcare rose but energy companies retreated sharply following a recent rally.
- by Millie Muroi
Opinion
Investing
Peace dividend blow puts philanthropy in peril
If we are serious about lifting Australian philanthropy to be in line with our peer nations, we need an innovative and collaborative effort from government, business and the community.
- by Geoff Wilson and Caroline Gurney
Updated
Sharemarket
ASX caps off a torrid week as fear returns to the market
The Australian sharemarket has lost more than $50 billion in the last two sessions, as Treasury yields approached a decade high and conflict in the Middle East continued to weigh on investors.
- by Millie Muroi
Updated
Sharemarket
ASX dives below 7000 amid rising Middle East risks
The ASX plunged on Thursday after a deadly blast in Gaza complicated efforts to rein in the Israel-Hamas war and a jobs report came in stronger than expected.
- by Millie Muroi