Business
Markets
Updated
World markets
Miners dive as ASX slumps; Tech shares jump
The Australian sharemarket has added to its opening losses to be sharply lower at lunchtime with mining stocks bearing the brunt of the pain after another volatile night on global markets.
- by Staff writers
Latest
ASX higher as tech stocks jump; oil continues to climb
The Australian sharemarket finished back in the green on Thursday, rebounding from its mid-week plunge, led by a rally in technology shares.
- by Staff writers
Opinion
Online gambling
Unusual bets on Trump’s war have rung alarm bells
Highly profitable trades made ahead of the US-Israeli strikes on Iran have put a spotlight on a fast-growing threat to the financial system.
- by Stephen Bartholomeusz
Updated
World markets
More than $50b wiped off ASX as miners and banks fall; Oil prices climb
The losses came after falls on Wall Street and other markets around the world, as oil prices leaped even higher on worries about the widening war with Iran.
- by Miriam Steffens
Opinion
Middle East at war
Markets are down on Iran war, but the slump could be a lot worse
Investors’ relatively calm response to the attack on Iran will be short-lived if the hostilities drag on.
- by Stephen Bartholomeusz
Updated
Shares
War concerns weigh on ASX as airlines, retail and mining stocks fall
Investors head to the exits amid fears the Iran war will drag on, clogging the flow of oil, disrupting global transport and worsening inflation.
- by Staff writers
Drone strike on key Qatari plant reignites global gas crunch fears
Soaring gas prices are handing a potential windfall to Australian LNG giants, but reigniting worries of spiking energy costs at home.
- by Nick Toscano
Updated
World markets
Oil, energy and gold stocks keep ASX stable amid Middle East attacks
Investors digesting the implications of unfolding attacks in the volatile region took refuge in safe haven trades.
- by Staff reporter
Opinion
Middle East at war
Dire straits: The oil industry is facing its worst nightmare
The US-Israeli assault on Iran has brought into sharp focus a critical choke point for global shipping.
- by Stephen Bartholomeusz
Volatility the new normal for investors – and not just because of AI concerns
Record sharemarket highs weren’t the focus for investors when earnings season ended; it was the massive volatility hidden beneath the market’s overall gains.
- by Colin Kruger
Updated
World markets
ASX closes higher; Block soars; Coles slumps
The Australian sharemarket closed higher on Friday, following a volatile earnings reporting season.
- by Staff reporters