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Santos cleared of greenwashing

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Resources giant Santos has beaten a greenwashing lawsuit against its net-zero goals after telling a court it made targets not promises to slash emissions.

Shares edge up in thinly-traded Asian holiday markets

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World shares steadied have steadied after Friday's drop triggered by AI-related ‌concerns as the Lunar New Year holiday in Asia and President's Day in the US made for thin trading.

Shares rise at start of a busy earnings stretch

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The local share market has closed modestly higher as traders digest a spate of earnings reports from companies including JB Hi-Fi, Treasury Wine Estates, A2 Milk and BlueScope Steel.

JB Hi-Fi's tech sales up

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Mobile phone, computer, video game and small appliance sales have pushed up the profit for electronics giant JB Hi-Fi, which recorded more than $6 billion in sales over six months.

Global body urges pre-budget tax shake-up

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A global financial body has urged the federal government to implement tax reform as Australia's economy manages a "soft landing".

Shares end week higher despite late sell-off

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Australia's share market has had its best week in nine months, despite a bleak final session as jitters around artificial intelligence disruption hit risk sentiment.

Ley resigns as Liberals knife their leader

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UPDATE: Sussan Ley will resign after 25 years in parliament after she was toppled as the Liberal leader by Angus Taylor, alongside her deputy.

Shares pare early gains to fade from record

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Australia's share market has retreated after brushing up against record highs as heavyweight earnings results weighed against shocking misses for smaller companies.

Shares soar to three-month highs as miners fly

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Australia's share market is trading at its highest level since late October after CommBank shares rocketed higher on a record $5.4 billion first-half cash profit.

SGH says rebuffed BlueScope offer full and fair

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The Stokes family-controlled SGH says it has delivered a strong first-half result, and signalled its not for turning on its rejected BlueScope takeover bid.

CBA posts strong half-year profits

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Commonwealth Bank shares have hit a three-month high after the largest bank lifted earnings and boosted its dividend payout.

US stocks drift to a mixed finish as yields fall

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The S&P 500 and the Nasdaq has closed lower, while the Dow edged up to its third record close in a row, as investors digested disappointing retail sales figures and waited for ‌a key labour market report.

Shares pare early gains for flat finish

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The Australian share market has handed back some of its early gains but finished higher as sluggish banks and insurers weighed against upticks in miners, energy and IT stocks.

Wall Street advances, tech bounces further off losses

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The S&P 500 and the Nasdaq rose solidly after a shaky ‍start, as technology stocks found their footing following last week's AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve's interest-rate path.

Bourse back as miners, IT stocks surge

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Australia's share market has rebounded with gusto from the previous session, recapturing the bulk of Friday's more than $60 billion in losses.

Carsales.com owner sees big potential in AI

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Vehicle sales platform CAR Group says it's using AI to let consumers browse for new vehicles using conversational voice search, after posting a rise in profit.

Dow Jones Average breaks record

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The Dow Jones Industrial Average surged to close above the 50,000 mark for the first time on Friday.

Shares log worst session since ‘Liberation Day’

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Australia's share market has logged its worst session in 10 months, after US tech worries and aftershocks from the precious metals sell-off hammered risk sentiment.

'Blame game' fears after Perth terror act

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A senior politician has warned against a "blame game" in the wake of a failed Invasion Day bombing as First Nations leaders claim elected officials have turned a blind eye to the rising threat of racism.

Wall Street ends sharply down as AI worries weigh

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Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its ‍lowest since November by losses in Microsoft, Amazon and other tech heavyweights after Alphabet said it could double capital spending on AI in the race to dominate the ​emerging technology.

Miners drag Aussie shares lower as gold price whipsaws

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Australia's share market has traded lower, with miners and energy stocks tumbling as commodity price volatility continues.

More drops for tech stocks

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More drops for technology stocks weighed on Wall Street Wednesday.

Shares reverse early dip as miners soar

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Australia's share market has shrugged off a morning slump to charge higher by the close, buoyed by strength in large cap miners, banks and energy stocks.

Tech stocks pull Wall Street lower

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The US stock market sank in mixed trading on Tuesday, while gold and silver bounced higher after their latest sell-off.

Shares bounce, but RBA rate rise caps upside

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Resurgent performances from miners and banks have lifted the Australian bourse higher, but a monetary policy pivot could pave a bumpy road ahead for investors.

US stocks climb as gold, silver fall

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US stocks rose on Monday following sharp swings that shook financial markets overnight, including tumbles for Asian stocks. Gold and silver prices sank further following their latest wild moves.

Miners drag bourse lower, gold loses shine

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Australia's share market has been dragged lower as an exodus from precious metals weighed on heavyweight raw materials stocks.

BlueScope under new leadership

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Australia's largest steelmaker BlueScope Steel is under new leadership as investors wait for the next shoe to drop in its ongoing takeover saga.

Investors fret over Trump's Fed nominee

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US stock indexes have closed lower as investors viewed President Donald Trump's nomination of former Federal Reserve Governor Kevin ‍Warsh as a hawkish choice to succeed Federal Reserve Chair Jerome Powell, while also digesting earnings reports and a high inflation reading.

Shares end week down after rollercoaster trading

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Australia's share market has handed back an early gain to slip lower, with miners plunging after carrying the bourse for most of the week.

Liberal MP rules himself out of leadership challenge

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Andrew Hastie will not contest a potential leadership challenge against Sussan Ley, after saying he does not have the numbers for a move.

Nationals given deadline to save coalition after split

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Liberal leader Sussan Ley has given the Nationals a week to reconcile with the coalition before she crosses the Rubicon by replacing their leadership team.