News

Australia believes it can play a role in negotiating trade disagreements between the US and China under a second Trump administration, as PM Anthony Albanese confirmed he discussed trade with the incoming president.

Labor failing to stem migration

The local bourse has ended 0.1 per cent lower as falling commodity prices hit energy and materials stocks.

Wall Street's main indexes notched record high closes overnight, lifted by stocks expected to benefit from Republican US President-elect Donald Trump's potential fiscal policies.

Green boom at risk from trade war

The ASX200 has slipped 0.4 per cent after investors punished mining stocks for a dip in commodity prices following underwhelming Chinese stimulus measures.

The S&P 500 briefly surpassed the 6000 mark and closed with its biggest weekly percentage gain in a year.

‘Economy won't avoid Trump hit'

The ASX climbed for its third day in a row on hopes of stimulus from Beijing and a US central bank cautious when queried on the inflationary outlook under a second Trump presidency.

US stocks closed higher after the Federal Reserve announced an interest rate cut, extending a sharp rally sparked by Donald Trump's return as US president.

PM presses Trump on AUKUS pact

The local bourse has bounced around as traders digested the implications of former president Donald Trump's return to the White House for Australian companies.

The competition watchdog has approved the $8.8 billion merger of pharmacy businesses Chemist Warehouse and Sigma Health, after deciding it won't hamper consumer choice.

Win to hit Australian economy

The Australian share market finished in the black as counting continues in the US presidential election.

US stocks closed higher overnight in a broad rally after data signalled a solid economy.

Bullock to PM: Don't fuel inflation

The ASX200 has ended 0.4 per cent lower with financials and consumer stocks among the major losers.

American stock indexes traded flat to lower as investors braced for a pivotal week for global markets in which the US will elect a new president.

Investors hit back as Ellison out

The ASX200 has posted gains while investors wait for the outcome of the Reserve Bank meeting and any hints of when interest rates might be cut.

Cooper Metals has announced that founding managing director Ian Warland has resigned from the company, effective immediately.

Wall Street's major indexes ended higher on Saturday morning, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in US job growth in October.

Student loan cut ‘subsidy for the rich'

The ASX200 has fallen 0.5 per cent after worrying earnings forecasts from US tech stocks and diminishing rate cut hopes in Europe dampened risk sentiment.

Major US stock indexes closed lower overnight after both Microsoft and Meta Platforms highlighted growing artificial intelligence costs that could hit their earnings.

‘Don't play politics with big business'

The ASX200 has finished Thursday down 0.3 per cent to record its biggest monthly drop since April, with supermarkets Woolworths and Coles leading the fall.

US stock indexes closed lower overnight as chip stocks tumbled and investors awaited a host of corporate earnings.

Super funds go on $423m marketing blitz

The ASX200 finished 0.8 per cent lower after a fall in headline inflation to within the Reserve Bank's target range failed to impress investors.

The S&P 500 and Nasdaq closed higher overnight while the Dow fell in choppy trading as investors digested a host of corporate earnings and awaited Google-parent Alphabet's results after the market close.