The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
Cameron Micallef
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
The ASX200 rose 0.7 per cent to finish at a six-week high, while the Aussie dollar climbed to its highest level in two weeks against the greenback.
Derek Rose
US President Donald Trump's plan to impose trade tariffs on neighbouring countries has made global shares and US Treasuries volatile.
Rae Wee
China is still producing too much steel, setting up the industry for more pain as domestic consumption drops and unprofitable mills reach a tipping point.
Yihui Xie and Katharine Gemmell
Nearly 200 jobs will go when online retailer Catch.com is closed down, after intense competition from companies such as Temu and Shein in the e-commerce space.
The Aussie sharemarket started the week on a high in a broad market rally, largely due to Donald Trump being sworn in as the next US President.
The ASX200 has risen on the back of strong international sentiment as Donald Trump prepares to return to the White House, with gains for major miners and banks.
Embattled casino group Star has warned it is on the financial precipice, following a new financial update to the Australian Securities Exchange.
Jackson Hewett
Global stocks have edged up ahead of Donald Trump's inauguration while Bitcoin jumped four per cent and the US dollar dipped.
Nell Mackenzie and Tom Westbrook
Shares are down seven per cent at Star after the embattled casino company warned of "material uncertainty" about its ability to continue.
Intel climbs on takeover speculation; Indexes up: Dow 0.78 per cent, S&P 1.0 per cent, Nasdaq 1.51 per cent.
Chuck Mikolajczak
Landlords looking to dodge their tax obligations have been put on notice by the ATO, thanks to new data matching technology.
The Australian sharemarket slipped on Friday, despite a positive boost for the country’s commodity sector on the back of results out of China.
Woolworths boss Amanda Bardwell is set to have her hands full in 2025 trying to execute a turnaround plan for the embattled grocer, experts say, following a string of scandals last year.
Cheyanne Enciso
The ASX200 index has finished Friday down 0.2 per cent, but has risen by a similar amount for the week.
The pan-European STOXX 600 is enjoying its biggest one-week jump since September as Britain's FTSE 100 and Germany's DAX hit intraday record highs.
Samuel Indyk and Kevin Buckland
Investors parse retail sales, US jobless claims data; Indexes off: Dow 0.16 per cent, S&P 0.21 per cent, Nasdaq 0.89 per cent.
One of Australia’s high profile retail billionaires has called for a “government inquiry” into discount Chinese online retailers Shein and Temu.
Nathan Schmidt
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The ASX200 index has risen 1.4 per cent, with every sector gaining ground after US inflation came in cooler than expected.
All three major US stock indexes scored their biggest daily percentage gains since November, with growing expectations for more Fed rate cuts.
World shares have risen slightly and the bond market has had some respite before key US consumer price data that could sway the interest rate outlook.
Amanda Cooper
