Australia's share market has edged higher after a choppy trading session, riding out the storm as strong commodity prices supported a mining sector rally.
Australia is in a "very good position" on inflation but there are signs financial markets are being complacent about the geopolitical risks, the central bank boss says.
Australian shares have ended the day lower as Santos led a plunge in energy stocks after yet another suitor abandoned plans to buy the oil and gas giant.
Shares in a major Australian gas producer have dropped by double digits following the collapse of what would have been the biggest all-cash transaction in Australia's corporate history.
Australia's share market has more than wiped the previous session's gains, as financials, miners and real estate stocks weighed on the bourse ahead of a key central bank decision.
Donald Trump reprimanded an Australian journalist who questioned the president's business dealings, before confirming he will meet with Anthony Albanese soon.
Record overnight results in the United States have paved the way for Australian shares to finish in the green as traders anticipate a critical rates decision.
The federal opposition is on the edge of open revolt over a bombshell climate report, with one frontbencher threatening to resign and a Nationals senator likening the report to a biblical apocalyptic screed.
Australia's share market has clawed back most of an early-session sell-off to finish the day slightly lower, as the bourse's third-largest company continued to weigh.
The defence minister denies that a multi-billion dollar boost to naval capabilities for the AUKUS submarine deal is about easing the concerns of the United States
Wall Street's main indexes have notched record-high closes following gains in Tesla and Micron Technology while US inflation and jobless data fuelled expectations that the Federal Reserve will cut
