Updated
World markets
ASX hits two-week low after Wall Street suffers worst day since 2022
The Australian sharemarket posted a poor session, with investors bailing on the local tech sector, Macquarie and Fortescue.
- by Sumeyya Ilanbey and Millie Muroi
Latest
Macquarie affirms bet on green energy shift after ‘soft start’ to year
Macquarie Group boss Shemara Wikramanayake says any change in policies, including under a Trump presidency, won’t derail the long-term green energy transition.
- by Millie Muroi
Updated
Sharemarket
ASX dips after losses on Wall Street; Perpetual hit by outflows
The Australian sharemarket traded slightly lower on Wednesday after weak session on Wall Street, where earnings reporting season has ramped up for the bigger companies.
- by Millie Muroi and Sumeyya Ilanbey
‘What’s going on here?’: ASIC probes fast-growing private debt markets
The head of Australia’s corporate regulator wants more visibility when it comes to the private credit market, where companies go if the banks won’t lend.
- by Millie Muroi
Updated
World markets
ASX steps up as Big Tech again drives Wall Street higher
Technology and healthcare stocks lifted the local sharemarket on Tuesday after US equities closed broadly higher overnight.
- by Millie Muroi
Opinion
Network outage
The cinema was ‘cash-free’ but the eftpos machines were down. Was I in a movie?
The CrowdStrike outage reminded me and the rest of the developed world of how reliant we are on a few big companies to keep the show on the road.
- by Millie Muroi
ASX slumps; South32 shares plunge on alumina concerns
The Australian sharemarket fell on Monday as investors pulled back to assess the implications of President Joe Biden’s decision to withdraw from the United States election campaign.Â
- by Sumeyya Ilanbey and Millie Muroi
Global IT crash could cause weeks of ‘teething issues’, minister says
Microsoft has estimated a software update by cybersecurity provider CrowdStrike disabled 8.5 million devices around the world, crippling airport check-ins, supermarkets and emergency information services.
- by Angus Thompson and Millie Muroi
★★★★★
Sydney live reviews
Eloquent and beguiling: Operatic Hamlet is a triumph
Our critics deliver verdicts on the latest shows around town.
- by Millie Muroi, Cassie Tongue, Shamim Razavi, Harriet Cunningham and John Shand
Investors ‘comfortable’ about a Trump presidency, despite volatility
Economists say the outcome of the US presidential election has been largely priced in by investors, as softening inflation helps to buoy shares.
- by Millie Muroi
ASX nosedives after US tech sell-off sends stocks skidding
Miners leading the decline, after several big technology stocks continued their slide and dragged Wall Street down for a second consecutive trading session.
- by Millie Muroi