ASX tumbles again,scotching hopes of Santa rally

ASX tumbles again,scotching hopes of Santa rally

The Australian sharemarket had another poor day on Friday,and the bourse has declined 2.8 per cent over the week.

  • byDaniel Lo Surdo

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How Elon Musk and Taylor Swift can resolve US-China relations
Opinion
Trade wars

How Elon Musk and Taylor Swift can resolve US-China relations

While we were sleeping,China took a great leap forward in high-tech manufacturing of everything. Will China bury us? That is not at all inevitable.

  • byThomas L. Friedman
ASX loses almost $50 billion after Wall Street plunge;$A slumps to two-year low

ASX loses almost $50 billion after Wall Street plunge;$A slumps to two-year low

The Australian sharemarket lost almost $50 billion and the Aussie dollar hit a new two-year low on Thursday,after the US Federal Reserve signalled fewer rate cuts in 2025 than expected.

  • byDaniel Lo Surdo
Fed cuts rates but Wall Street rattled by change to 2025 outlook

Fed cuts rates but Wall Street rattled by change to 2025 outlook

Wall Street sank as the US Federal Reserve says it expects to see fewer rate cuts next year than previously projected.

  • byHoward Schneider andAnn Saphir
ASX ends flat ahead of Fed decision;tech stocks gain,banks wobble

ASX ends flat ahead of Fed decision;tech stocks gain,banks wobble

The Australian sharemarket closed largely flat on Wednesday afternoon,reversing a rise earlier in the day,as investors await the latest rate decision from the US Federal Reserve.

  • byHannah Kennelly
ASX ends its losing streak as Santa Rally kicks off

ASX ends its losing streak as Santa Rally kicks off

The Australian sharemarket closed higher on Tuesday,defying fears of a sixth day of losses after expectations of an interest rate cut by the Federal Reserve this week boosted Wall Street.

  • byDaniel Lo Surdo
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The $470 billion man:How Will keeps beating Wall Street

The $470 billion man:How Will keeps beating Wall Street

In 1990,a Harvard graduate landed what would become,quite literally,the job of a lifetime.

  • byLoukia Gyftopoulou
ASX posts fifth day of losses as weak China data weighs on miners

ASX posts fifth day of losses as weak China data weighs on miners

The Australian sharemarket made a dour start to the week,as mining shares fell and data centre owner DigiCo dropped again.

  • byDaniel Lo Surdo
Why all I want for Christmas is a bear market
Opinion
Investing

Why all I want for Christmas is a bear market

I don’t want to be a Grinch,but at Christmas,you tell the truth:everyone is bullish,and I can’t help but feel concerned.

  • byWilliam Bennett
ASX falls as miners slump;Insignia jumps,DigiCo dips on debut

ASX falls as miners slump;Insignia jumps,DigiCo dips on debut

The Australian sharemarket closed in the red,led by declining materials which dipped 1.8 per cent following a negative lead from Wall Street.

  • byHannah Hammoud
‘Dancing in the street’:Wall Street’s titans can’t wait for Trump 2.0

‘Dancing in the street’:Wall Street’s titans can’t wait for Trump 2.0

These days,it seems that everyone who is anybody on Wall Street is amped up for Trump’s return to the Oval Office. With Trump 2.0,there’s apparently something for everyone in the financial arena.

  • byRob Copeland