Today
- Live
- Markets Live
ASX drops; Azure jumps 42pc; Whitehaven poised to cop strike
Shares fall; US tech stocks dive after earnings shortfall from Alphabet; Westpac’s Ellis tips RBA to raise cash rate on Cup day; SQM to buy Azure for $1.6 billion; Fortescue makes slow start on push for fifth iron ore export record. Follow here for more.
- 1 hr ago
- Joanne Tran, Timothy Moore, Cecile Lefort, Joshua Peach and Vesna Poljak
ASX to slip; Wall St drops after mixed Microsoft and Alphabet results
Australian shares are poised to slip. Wall Street is falling after mixed profit reports from Microsoft and Alphabet. Oil was volatile.
Yesterday
Judo chairman lashes investors for tanking share price
Peter Hodgson said the board was “taken aback” by the falls, and attacked “short-term vicissitudes” in the market.
- Lucas Baird
ASX to rise, Wall Street lifted by data, earnings
Australian shares are set to open higher. Bonds steady after rout. Bitcoin rallies. Microsoft rises, Alphabet falls on quarterly results.
- Updated
- Timothy Moore
This Month
Network Ten doesn’t want to buy Southern Cross Austereo’s TV stations
The most likely buyer for the listed media company’s 96 regional TV signals, Network Ten owner Paramount, says it doesn’t need them.
- Sam Buckingham-Jones
- Opinion
- Chanticleer
Two things holding back Australia’s IPO market
It’s another year of what could have been for new listings on the ASX. The only way to end the drought is to cut prices.
- Anthony Macdonald
ASX to fall, bond volatility persists, Bullock speech on radar
Australian shares are set to open lower, tracking late session weakness in New York. US yields spiked higher, then tumbled. Bitcoin leaps.
- Timothy Moore
Viva underperforms on Geelong refinery troubles
Repairs were expected to be completed by the end of September, but Viva is not finding it that simple to return to full-tilt production.
- Elouise Fowler
- Opinion
- Israeli-Palestinian conflict
Why the Middle East risks exploding
Anthony Albanese arrives in Washington as the Middle East crisis threatens to destabilise the entire region with unpredictable consequences.
- Jennifer Hewett
Roger Corbett says Endeavour chairman must go
The former Woolworths CEO says Peter Hearl should quit the board, even if Bill Wavish, is unsuccessful.
- Carrie LaFrenz and Simon Evans
ASX to fall, weak $A worsens oil pain, rate hike fears
Australian shares are poised to fall 0.9 per cent at the return to trading on Monday, after suffering their worst week in four weeks amid the MidEast conflict.
- Updated
- Cecile Lefort and Ronald Mizen
- Exclusive
- Regulation
Short-staffed ASIC has gone ‘MIA on M&A’
The corporate watchdog is accused of under-resourcing scrutiny of mergers and acquisitions, company fundraisings and sharemarket listings.
- Ronald Mizen
US stocks stumble on heightened Middle East tensions
US shares closed down, with investors wary of weekend geopolitical developments. Iron ore falls. Gold extends rally. ASX futures drop 0.9pc.
- Timothy Moore
A one-time Macquarie banker claims he found oil worth $30b in Cuba
Little-known Sydney-based company Melbana began production on Wednesday at what could be a large oil field on the north coast of the Caribbean country.
- Aaron Patrick
New CHESS advisory group ‘won’t be railroaded’ by ASX
Former ASIC chairman Alan Cameron said a review of ASX’s design of a new CHESS system won’t make a decision “until we have the information we need to make it”.
- James Eyers
ASX futures, Wall Street whipsaw lower on Powell
The yield on the US 10-year spiked towards 5pc as the Fed boss signalled rates may need to rise if the economy’s strength persists. Telsa drops. Netflix surges.
- Updated
- Timothy Moore
Perennial fundie’s top small-cap healthcare picks
Perennial portfolio manager Damian Cottier has increased the fund’s stake in Calix and shares why he likes Immutep.
- Joanne Tran
ASX board narrowly avoids second strike, chairman re-elected
ASX receives heavy protest vote against its remuneration report, missing a second strike by just 4 per cent. Damian Roche re-elected as chairman for last term.
- James Eyers
ASX to drop, oil rises, US bond yields advance
Australian shares are set to tumble 1.2pc. US 10-year yield tops 4.9pc. Netflix surges on subscriber boost. Tesla confirms margin hit. Jobs data pending.
- Timothy Moore
- Opinion
- Chanticleer
Activist who? Whitehaven, Endeavour show you can fight back
Cranky shareholders may be firing up activist campaigns, but they are no sure thing.
- Anthony Macdonald
