World markets
- Opinion
- Trump's White House
Trump is pushing China and Europe together to create a new world order
It takes a lot to throw these two foes together, but the US president may have pulled it off over the 10 days that shook the world, culminating in the Greenland disgrace.
- Ambrose Evans-Pritchard
Latest
- Updated
- Shares
ASX closes lower as gold loses shine and The Star stumbles
Gold stocks retreated after the precious metal fell about 5 per cent overnight before stabilising at around $US5200 an ounce.
- Staff reporter
- Updated
- Wall Street
Bumpy ride as sharemarket claws back early losses to close slightly down
After seeing red in morning trade as investors marked down stocks sensitive to interest rate rises and some miners slumped, the sharemarket regained some ground.
- Staff reporter
- Updated
- Wall Street
ASX loses steam as inflation surprise boosts rate rise chances
The Australian sharemarket closed flat while the Australian dollar broke through the US70¢ barrier on Wednesday morning to hit a three-year-high.
- Staff reporter
- Updated
- Markets
BHP overtakes CBA as Australia’s most valuable company
The “Big Australian” is once again the most valuable company on the ASX as investors pile into mining shares and sentiment towards CBA cools.
- Clancy Yeates
The young gamblers making a fortune betting on absolutely anything
From gambling on which turkey Donald Trump will pardon to whether the US will confirm aliens exist, there is a market for everything – and these traders are cashing in.
- Benjamin Wallace
- Opinion
- AI
The critical question hanging over the $7.3 trillion AI bonanza
As spending on artificial intelligence surges, the history of massive technology booms suggests it’s often a rocky path for investors.
- Clancy Yeates
- Updated
- Wall Street
ASX finishes week down; Gold miners jump, Life360 soars
A Donald Trump about-turn on tariffs over Greenland buoyed US markets.
- Staff reporter
- Updated
- Markets
Strong jobs figures double chances of RBA rate hike next month
A surprise fall in Australia’s unemployment rate has prompted markets to up the odds that the Reserve Bank will increase interest rates.
- Clancy Yeates
- Updated
- Wall Street
ASX slides as Wall Street sinks on Trump’s Greenland threat
Australia’s sharemarket has fallen for a third straight session as a slump in global risk sentiment weighed on stocks, sending investors flocking towards gold and other “real” commodities.
- Staff Reporters