Markets surge as ceasefire hopes spark $80bn rally on the ASX
Australia’s sharemarket has recorded its strongest session in about a year, with the ASX200 jumping 2.6 per cent and adding around $80 billion in value as investors responded to a reported two-week ceasefire agreement between the United States and Iran. Gains were broad-based, with eight of eleven …
Markets surge as ceasefire hopes spark $80bn rally on the ASX
Australia’s sharemarket has recorded its strongest session in about a year, with the ASX200 jumping 2.6 per cent and adding around $80 billion in value as investors responded to a reported two-week ceasefire agreement between the United States and Iran. Gains were broad-based, with eight of eleven …
Brent Holds Gain as Iran Tensions Flare Up Again
Business and finance news from the Asia-Pacific.Crude oil held its gains as the US and Iran exchanged fire, jolting a four-week-old ceasefire and raising concerns that Middle East tensions could escalate again. Brent edged 0.5% lower to just under $114 a barrel at the open Tuesday as escalating ten…
Super Platforms Face ASIC Scrutiny as the ASX Rallies Into Financial Year End
The ASX 200 rallied 0.7 per cent in a late-session surge ahead of the final trading day of the financial year, with tech stocks leading the gains. Ricardo Gonçalves speaks with ASIC Commissioner Simone Constant about why the corporate watchdog says superannuation trustees must do more to protect me…
Super Platforms Face ASIC Scrutiny as the ASX Rallies Into Financial Year End
The ASX 200 rallied 0.7 per cent in a late-session surge ahead of the final trading day of the financial year, with tech stocks leading the gains. Ricardo Gonçalves speaks with ASIC Commissioner Simone Constant about why the corporate watchdog says superannuation trustees must do more to protect me…
Chipmakers Lead Asia Stock Gains
Business and finance news from the Asia-Pacific.
Stocks in Asia climbed for a second day as chipmakers at the heart of the artificial intelligence boom extended their rebound, offsetting concerns over rising oil prices after renewed escalation in the US-Iran conflict. The rally in technology stock…
Business Now | 28 August
Virgin Australia, Harvey Norman and PEXA report their latest results, with PEXA CEO Russell Cohen on the pressure facing the property market. Plus, Kyle Rodda recaps a wild earnings season as share prices surge and plunge on results.
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Two more interest rate rises to come in 2026?
The big four banks tip another RBA rate rise in September, adding pressure to household budgets.The big four banks now expect the RBA to lift interest rates next week, with ANZ warning thre could be a second by the end of the year, meaning rates could reach 4.85 per cent SBS Finance Editor Ricardo …
Bond Selloff Saps Risk Appetite
Business and finance news from the Asia-Pacific.
Bond investors got a respite in Asian trading from a bruising selloff after surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Asian stocks fell. The US 10-year yield held a…
Biz Report: Asian Markets Stumble on U.S. Tech Rout
Asian markets are stumbling as U.S. tech dominance faces a major test from a sudden breakthrough in Chinese memory chips. Capital.com Senior Financial Market Analyst Kyle Rodda stops by to explain the fallout and what tomorrow's critical inflation data could mean for interest rates and the soaring …
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