World markets
Updated
Wall Street
The Wrap: ASX posts best day in three weeks thanks to tech rally
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
Latest
Australia’s biggest super fund braces for prolonged slowdown
Investment giant AustralianSuper sees the global economy struggling for about two more years as businesses and households adjust to tighter monetary and fiscal policies.
- by Benjamin Robertson and Silas Brown
Updated
Wall Street
The Wrap: ASX posts best week since March as resources recover
The Australian sharemarket edged 0.5 per cent higher on Friday on the back of resources stocks, with commodity prices stabilising after falls earlier in the week.
- by Lachlan Abbott
Updated
Wall Street
The Wrap: ASX moves higher as mining stocks lift
The Australian sharemarket has climbed 0.8 per cent higher as mining stocks regained some ground after slumping on Wednesday.
- by Lachlan Abbott
Updated
Wall Street
The Wrap: ASX drops as commodity crunch hits
The Australian sharemarket has dropped by 0.5 per cent after falling commodity prices drove resource shares significantly lower as recession fears lingered.
- by Lachlan Abbott
Updated
Wall Street
The Wrap: ASX closes higher after RBA raises rates
The Australian sharemarket closed higher after the Reserve Bank lifted interest rates by 50 basis points as expected on Tuesday afternoon.
- by Lachlan Abbott
Analysis
Analysis
Paranoid and paralysed: China’s tech giants lost their swagger and may not get it back
China’s crackdown is showing signs of softening, but the damage has been done.
- by Coco Liu, Zheping Huang and Sarah Zheng
Updated
Wall Street
The Wrap: ASX lifts on energy, real estate stocks ahead of RBA meeting
The Australian sharemarket has kicked off the week with solid gains after energy and real estate stocks rose.
- by Lachlan Abbott
Updated
Wall Street
The Wrap: ASX in the red after last-minute sell-off
The ASX 200 was hit with another last-minute sell-off, dragging the sharemarket into the red on the first day of trading for the new financial year.
- by Angus Dalton
Worst start in history: Recession panic wipes $19 trillion off markets
The 2022 global sharemarket rout has seen trillions wiped away in the worst start to any year on record as business and consumer confidence collapses amid surging inflation.
- by James Warrington and Tom Rees
Updated
Wall Street
The Wrap: ASX ends financial year 10.2 per cent lower after dramatic plunge
A plunge in the last 15 minutes of trade took the ASX 200 to a 2 per cent loss on Thursday.
- by Angus Dalton