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Markets

Australian share market on Monday reaches two-week high but China issue looms

by Anas Siddiqui
Australian share market on Monday reaches two-week high but China issue looms

More positive than gloomy financial results have dragged the Australian share market into positive territory, although serious concerns about the iron ore price loom large. Jim Chalmers raised the alarm …

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‘Malicious’: 20 fake investment scam sites pulled offline every day by Aussie business watchdog

by Anas Siddiqui
‘Malicious’: 20 fake investment scam sites pulled offline every day by Aussie business watchdog

The Australian corporate watchdog is ripping down 20 investment, phishing and cryptocurrency scam websites every day. The Australian Securities and Investments Commission kicked off an investment scam disruption crackdown last …

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Asia shares, gold underpinned by US rate cut hopes

by Anas Siddiqui
Asia shares, gold underpinned by US rate cut hopes

Asian stocks were taking a breather on Monday after global equities enjoyed their best week in nine months on expectations the US economy would dodge a recession and cooling inflation …

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CNBC Daily Open: Wall Street ‘dress rehearsal’

by Walter Watson
CNBC Daily Open: Wall Street ‘dress rehearsal’

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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Wall Street gains, wraps up best week of the year

by Anas Siddiqui
Wall Street gains, wraps up best week of the year

US stocks have ended higher, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole Economic Symposium …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor at the New York Stock Exchange on Aug. 8, 2024. Brendan McDermid | Reuters Stock futures inched higher in overnight trading Sunday after the S&P …

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Wall Street gains, wraps up best week of the year

by Anas Siddiqui
Wall Street gains, wraps up best week of the year

US stocks have ended higher, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole Economic Symposium …

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Tech boost helps Norway wealth fund to $209b profit

by Anas Siddiqui
Tech boost helps Norway wealth fund to 9b profit

Norway’s sovereign wealth fund, the world’s largest, has posted a profit of 1.48 trillion Norwegian crowns ($A209 billion) in the first half of 2024 as global stock markets rose. The …

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Treasurer Jim Chalmers warns falling iron ore prices could impact Australian economy

by Anas Siddiqui
Treasurer Jim Chalmers warns falling iron ore prices could impact Australian economy

Falling iron ore prices and China’s struggling steel business could result in a $3 billion dent in the Australian economy, Treasurer Jim Chalmers warns. With iron ore prices closing at …

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WTI falls as cease-fire talks continue

by Walter Watson
WTI falls as cease-fire talks continue

U.S. crude oil futures fell more than 1% on Friday amid reports that Qatar told Iran to not attack Israel while Gaza cease-fire talks are ongoing. Qatar’s prime minister told …

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