The Australian sharemarket has started the week on the front foot, climbing by 1.2 per cent thanks to resources and tech stocks.
- by Lachlan Abbott
The local sharemarket gained 0.4 per cent following a lacklustre start to trading, with market heavyweights BHP, Fortescue and Rio Tinto all up between 2 and 2.4 per cent
- by Angus Dalton
One of the largest cryptocurrency lenders in the world has sought bankruptcy protections after suddenly stopping withdrawals last month amid the market rout.
- by Olga Kharif and Joanna Ossinger
The industry lured investors in with its technobabble, used some of that cash flow to buy the illusion of respectability, which brought in even more investors. And for a while, it became, in effect, too big to regulate.
- by Paul Krugman
The Federal Reserve Board’s likely aggressive response to America’s searing inflation rate will further boost the US dollar and step up the pressure on other central banks to respond.
- by Stephen Bartholomeusz
Trade360 owner Sirius Financial is accused of enlisting an offshore call centre to flog its high-risk products that led to significant harm, including one customer losing $400,000.
- by Sarah Danckert
The one-to-one exchange rate is a sight unseen since December 2002, in the early years of the European currency’s existence.
- by Eshe Nelson
Some of the nation’s biggest investors are piling into bonds, betting on RBA chief Philip Lowe’s assessment that a series of robust interest-rate hikes will help get inflation under control next year.
- by Garfield Reynolds
Federal Reserve officials may debate a historic one percentage-point rate hike later this month after another searing inflation report piled pressure on the central bank to act.
- by Catarina Saraiva and Steve Matthews