Australia's share market has fallen for a second straight week as mining sector selling continued and ongoing attacks between the US and Iran weighed on global growth hopes.
Telstra says it is "deeply sorry" after revealing the cause of a service outage that left train networks in disarray and customers unable to dial triple zero.
Chip stocks have pulled the Nasdaq and the S&P 500 lower as they continued to lead broader market moves despite generally upbeat US economic data and a strong start to second-quarter earnings season.
Corporate regulators ASIC and APRA have been directed to prioritise economic growth and productivity, in new guidance provided by Treasurer Jim Chalmers.
Wall Street stocks have gained ground as softening inflation data and a robust beginning of second-quarter earnings season put investors in a buying mood.
The S&P 500 and the Nasdaq advanced as solid big bank results and a cooler-than-expected inflation report boosted risk appetite amid rising Middle East tensions.
Australia's share market has clawed back some early losses to end the session flat despite oil trading at one-month highs as the US and Iran ramp up attacks in the Persian Gulf.
Australian drivers could take a financial hit if the US president goes ahead with plans to charge a toll for oil tankers travelling through the Strait of Hormuz.
Tech shares have pulled US stocks lower after President Donald Trump announced he would reinstate a blockade on Iranian ports in the latest escalation of US-Iran hostilities that sent oil prices jumping and dampened risk appetite.
Pauline Hanson and One Nation's popularity have slipped since her controversial Press Club speech with support shifting to the coalition, according to new polling.
The S&P 500 has risen to end just short of a record high as a blockbuster Nasdaq debut of South Korea's SK Hynix fuelled optimism about memory-chip makers.
Australia's share market has broken a four-session losing streak but ended the week lower as a global rally in artificial intelligence and chip stocks largely skipped the local bourse.
The Nasdaq has ended sharply higher as Micron Technology fuelled a rally in chip stocks that eclipsed fears that renewed US and Iranian attacks might prolong the Middle East conflict and fuel inflation.
Australia's share market has fallen for a fourth straight session, as a second day of strikes between the US and Iran hammered hopes of a permanent peace deal and painted a grim picture for global inflation prospects.
The S&P 500 has ended lower after US President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks.
Oil prices spiked on renewed fears that a tenuous peace between the US and Iran was faltering, while US stocks fell, led by technology shares on investors' concerns about the longevity of the AI-driven rally
Telstra has apologised for a national outage that has stopped trains, transactions and some triple zero calls, but is still investigating what caused the issue.
