Business
Markets
Updated
World markets
ASX rises despite slide in mining and energy stocks
The Australian sharemarket lifted on Thursday, even as the Federal Reserve raised interest rates to their highest level in more than two decades.
- by Millie Muroi
Latest
Updated
World markets
ASX jumps as inflation surprise raises hopes of RBA rates rise pause
The Australian sharemarket has built on its morning gains amid news that inflation is cooling.
- by Jessica Yun
Updated
World markets
ASX closes higher as shares in mining giants BHP, Rio Tinto rise
The S&P/ASX 200 closed 0.5 per cent higher, helped by gains in materials and energy stocks.
- by Jessica Yun
Updated
Investing
ASIC accuses $11 trillion investment giant Vanguard of greenwashing
The corporate regulator claims that Vanguard’s ethically conscious bond index fund may have been exposed to investments with ties to fossil fuels despite the company pledging to exclude these.
- by Emma Koehn
Updated
World markets
ASX declines as big miners and banks retreat
Local shares lost early momentum to close 0.1 per cent lower on Monday.
- by Emma Koehn
Earnings pain on the menu as rate rises bite
Profit growth is tipped to slow and CEO commentary to be cautious as companies get ready to deliver their annual results. But experts say it’s more of a slowdown than a cliff.
- by Clancy Yeates
Updated
World markets
Tech stocks drive ASX lower on back of Wall Street woes
The Australian sharemarket finished the week on a flat note after share price falls in major US tech stocks overnight.
- by Jessica Yun
Disgruntled investor charged with kidnapping 24-year-old ‘Crypto King’
Aiden Pleterski lived a lavish lifestyle before declaring bankruptcy after crypto markets tanked. Late one night in December, he was kidnapped, then beaten and tortured over three days, according to court records.
- by Jesus Jiménez
Updated
World markets
ASX closes flat on jobs data, as Flight Centre and tech stocks rise
The local market pared back early gains to finish the session flat, as positive jobs data raised the prospect of further interest rate hikes by the Reserve Bank
- by Emma Koehn and Jessica Yun
Opinion
Inside China
Evergrande offers an ugly view into China’s property woes
China’s authorities have only two options for dealing with the country’s distressed property sector: They can let it bleed out over time or accept a nasty hit to the economy.
- by Stephen Bartholomeusz
Rich Chinese eye Australian homes as 700,000 set to emigrate by 2025
Australia was the top overseas destination for Chinese property hunters in the first half of this year, according to real estate firm Juwai IQI’s latest ranking.
- by Selina Xu