Sharemarket
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
Latest
Bargain hunting on the ASX as bad news offers discount deals
“When there’s blood on the dance floor as there is now, this is when the best opportunities emerge,” says Ophir senior portfolio manager Andrew Mitchell.
- by Clancy Yeates
Opinion
For subscribers
‘Goldilocks’ nightmare: The big bet that could go very wrong for investors
Markets are surging as they count on a number of ideal scenarios playing out. There will be widespread damage if they don’t get it right.
- by Stephen Bartholomeusz
Opinion
Inflation
The US surprise that is good news for Australia
The US just got another sign it is starting to win its war on inflation, which is set to shake up the interest rates picture. It is encouraging for Australia’s future.
- by Stephen Bartholomeusz
Birkenstock mulls $9b sharemarket listing as ‘ugly’ sandals become high fashion
The cork-soled shoes developed by Karl Birkenstock in 1963 and marketed as “fitness sandals” have been worn by celebrities including Leonardo DiCaprio and Kendall Jenner.
- by Daniel Woolfson
Updated
Interest rates
ASX falls to 50-day low amid fears of higher US rates
The Australian sharemarket took a sharp dive after a hotter-than-expected US jobs report suggested interest rates in the US could head higher.
- by Millie Muroi
Updated
Bonds
Mining heavyweights BHP, Rio drag down ASX
The Australian sharemarket dropped on Thursday, dragged down by the mining giants, after Wall Street pored over the Fed minutes to gauge how high rates will go.
- by Millie Muroi
Updated
Shares
Australian shares dip as Chinese economy wobbles
The Australian sharemarket pared back gains made on Tuesday after the Reserve Bank pressed pause on its rate rises.
- by Millie Muroi
Updated
Wall Street
ASX jumps after Reserve Bank holds rates steady
The Australian sharemarket has lifted on the back of energy and financials companies after the Reserve Bank held the cash rate steady at 4.1 per cent on Tuesday.
- by Millie Muroi
Dealmakers adrift as $1.5 trillion vanishes in first-half slump
The world’s dealmakers are counting their losses in one of the worst years for takeovers and stock market listings in a decade.
- by Bloomberg News
Updated
Investing
ASX starts new fiscal year in the green
The Australian sharemarket stepped up on Monday as miners and consumer companies climbed after a rally on Wall Street.
- by Millie Muroi