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ASX hits record high; CBA eclipses BHP as Australia’s biggest company

ASX hits record high; CBA eclipses BHP as Australia’s biggest company

The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.

  • by Millie Muroi

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ASX notches up healthy session ahead of key US data

ASX notches up healthy session ahead of key US data

Tech stocks and real estate investment trusts lifted the ASX on Thursday as investors turn their attention to the latest monthly US inflation data.

  • by Millie Muroi
‘Selling your soul to the devil’: Tensions rising as Wall Street grapples with 100-hour work weeks

‘Selling your soul to the devil’: Tensions rising as Wall Street grapples with 100-hour work weeks

The death of Bank of America associate Leo Lukenas from a heart attack just days after completing a $3 billion deal has put an unwelcome spotlight on Wall Street.

  • by Katherine Doherty
Miners, utilities drag ASX into the red

Miners, utilities drag ASX into the red

The ASX closed out a quiet session in negative territory on the back of a mixed lead from Wall Street, after Fed chair Jerome Powell did little to change the market’s expectations of when the US central bank will cut rates.

  • by Jessica Yun
ASX stages broad-based rally, Telstra jumps after raising prices

ASX stages broad-based rally, Telstra jumps after raising prices

The Australian sharemarket surged on Tuesday after gains in big-name US technology stocks on Wall Street overnight lifted the S&P 500 Index to its 35th record high of the year.

  • by Jessica Yun
ASX dips as slumping iron ore prices hit big miners

ASX dips as slumping iron ore prices hit big miners

Australian shares fell despite US stocks rising to more records on Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes that interest rates may soon fall.

  • by Staff reporters
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Wall Street is disconnected from reality

Wall Street is disconnected from reality

Wall Street is ignoring what is happening in the world’s biggest economy.

  • by Stephen Bartholomeusz
Far from groovy: How did this 70s house win a top architecture award?

Far from groovy: How did this 70s house win a top architecture award?

Think of sunken lounges - often referred to as “conversation pits” - indoor gardens, exposed timber ceilings, built-in bespoke joinery, and vast open plan entertaining areas.

  • by Stephen Crafti
ASX inches lower as miners and banks weigh on market

ASX inches lower as miners and banks weigh on market

Miners and banks dragged the Australian sharemarket lower on Friday despite European stocks rising, as key elections held centre stage and Wall Street closed for the July 4 holiday.

  • by Millie Muroi
Miners, banks lift ASX after Wall Street rises; Santos surges

Miners, banks lift ASX after Wall Street rises; Santos surges

The Australian sharemarket surged on the back of Wall Street’s record-breaking rally, following weak reports on the US economy which kept the door open for possible interest-rate cuts.

  • by Millie Muroi
How the Trump-Biden debate increased the chance of a rate rise in Australia

How the Trump-Biden debate increased the chance of a rate rise in Australia

A rise in Australian bond yields this week shows how a showdown between two elderly and less-than-impressive politicians could send ripples of unease throughout the global system.

  • by Stephen Bartholomeusz