Australia's share market has had its worst day since April, as a spike in long-dated bond yields had investors considering fixed income assets for better returns.
The local share market has fallen modestly as major retailers Woolworths and Wesfarmers traded ex-dividend while gold has pushed further into record territory.
World shares were mixed on Monday as investors watched for further developments after a US court ruled against president Donald Trump's sweeping higher tariffs.
The Australian share market has started the new month on the wrong foot, dragged down by the big banks and major miners, while gold surged to a new all-time high following another post by Donald Trump.
The federal government is looking at ways to ensure consumers get more bang for their buck at the checkout, with a crackdown on "shrinkflation" on the cards.
Australia's mail service has posted its first profit in three years as a record number of parcels delivered more revenue for the company, boosting its pre-tax return to $18.8 million.
The Australian share market has finished the day in the green following volatile company reporting results in an otherwise lull session as investors await overseas catalysts.
The Australian share market has moderated and finished the day in the green on the back of strong company reporting data after a drop led by unexpected domestic inflation.
Low-value imports are losing their duty-free status in the US this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods.
The Australian share market has dipped as US President Donald Trump once again returned to the global stage with a move critics say threatens the independence of America's central bank.
One of Australia's biggest supermarket groups is crediting its "Great Value, Hands Down" campaign and its Harry Potter collectibles for a solid financial year.
Wall Street stocks ended lower as investors parsed the outlook for US interest rates and looked ahead to AI chipmaker Nvidia's quarterly earnings this week.
