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Hopes for an IPO revival to save shrinking ASX

The ASX200 index slipped 0.2 per cent before latest US inflation figures are released and may curb expectations of interest rate cuts there.

Telstra rolls out $700m AI boost

The ASX200 index finished up almost 0.5 per cent, with the heavyweight mining sector climbing the most on a jump in Chinese demand.

The Nasdaq fell overnight, while the benchmark S&P 500 bounced off a two-month low and eked out a slight gain.

Step up in the Pacific: Labor to business

The ASX200 fell 1.2 per cent and the dollar hit a nearly five-year low after a strong US jobs report lowered expectations for quick rate cuts.

Dutton targets waste, handouts

The ASX200 fell on Friday but finished the week 0.5 per cent higher, recovering from a slight fall during the previous five days of trading.

Double-dipping uni VCs face crackdown

The ASX200 index has managed to recoup some of its losses and finish on the highs of the day, down just a quarter of a percentage point.

Little changed for US stocks overnight, in a session where they struggled for a clear direction.

Meta move casts cloud on election

The ASX200 hit a four-week high after a report of cooling inflation raised hopes for Australia's first interest rate cut in four years.

Labor faces $7.4b wages black hole

The ASX200 has risen 0.3 per cent as the Australian dollar climbed to its highest level since December 19.

Big super admits its size is a risk

The Australian dollar has hit a one-week high but could be at risk of further decline depending on an upcoming inflation readout.

US stocks rebounded last week as investors near the end of a holiday-shortened period that also rang in a new year.

Labor’s $26b blowout on social spend

Everyone at Business News would like to thank you for your support during 2024 and wish you and your family a safe and happy festive season.

The ASX200 has dropped 1.2 per cent to finish the week down 2.8 per cent, its second-worst weekly performance of 2024.

Big energy ‘distorts market’

Aussie dollar, shares take a hit as US rate hopes fade

Fed cuts rates by 25 bps, as expected; Crypto stocks fall on Powell comments; Indexes down: Dow 2.58 per cent, S&P 500 2.95 per cent, Nasdaq 3.56 per cent.

Labor still out to woo the voters

The ASX200 closed little changed as US central bankers began deliberating on whether to cut interest rates one final time in 2024.

Australia is on track for a soft economic landing despite budget deficits set to widen as spending grows and tax receipts fall, Treasurer Jim Chalmers says.

Technology stocks have weighed on Wall Street as investors grew cautious ahead of the Federal Reserve's interest rate decision this week following a stronger-than-expected retail sales reading.

Super chiefs failing on asset values

The ASX200 rose 0.8 per cent, rebounding strongly from five days of losses as traders swooped in.

Market looks to Fed's final policy meeting of year; Dow Industrials lower; Indexes: Dow off 0.25 per cent, S&P 500 up 0.38 per cent, Nasdaq up 1.24 per cent.