Australia’s sharemarket fell in line with much of the world ahead of the release of a pivotal US report.
Cameron Micallef
Asian share markets have fallen and Europe has opened lower before the release of delayed US employment data that could influence the Fed on interest rates.
Elizabeth Howcroft
Weakness in energy, mining and technology stocks have weighed on the Australian market, turning a modest lift to a clear loss by the close.
Adrian Black
Perseus Mining has stuck to its guns by refusing to bump up a $2.1 billion takeover offer for Predictive Discovery, labelling a rival bid from Robex Resources as ‘inferior’.
Adrian Rauso
Steve McCann, the man brought in to rescue Star Entertainment Group almost 18 months ago, has revealed his immediate exit from the embattled casino operator.
Daniel Newell
Ford will take $US19.5 billion ($29.4b) in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable.
Keith Naughton and Gabrielle Coppola
US stocks have closed lower as investors prepared to digest several points of economic data.
Abigail Summerville and Johann M Cherian
Mining heavyweights BHP and Rio Tinto have led a market slump on Monday led by falling copper and iron ore prices.
The MSCI's broadest index of Asia-Pacific shares outside Japan has fallen as investors await a string of economic data releases this week.
Lawrence White
The charge, a first for ASIC, is part of a “circuit-breaker” package of orders put on the share market operator over a string failures.
Sean Smith
Weakness in iron ore, gold and copper miners has weighed on the local bourse, wiping most of the sector's previous week of gains in a single session.
Two idle underground mines plus adjacent exploration ground is being packaged into a new corporate vehicle called Valiant Gold.
Six of the 11 S&P 500 industry sectors closed lower, led by heavyweight tech stocks, which dropped 2.9 per cent.
Sinéad Carew and Johann M Cherian
Budding silver producer BMC Minerals has burst onto the Australian Securities Exchange carried by the tailwinds of all-time high precious metal prices that led to gains of 50¢ on its first trading day.
Simone Grogan
Gold prices and banking stocks have propelled the Australian sharemarket to surge 105 points, delivering its strongest weekly winning streak since August.
The approval of Hanwha’s doubled stake in Austal is subject to ‘strict conditions’, including limits on access to sensitive intellectual property held by Austal and “stringent criteria” on any board nominee.
European stocks are heading for a third weekly gain as a US rate cut boosted sentiment, while a tech sell-off has weighed on Wall Street futures.
The ASX has ended higher after fading for most of the week, as miners charged on the back of higher commodity prices and optimism rose about a US rate cut.
The Shire of Denmark are hosting a summer celebration, combining the spirit of Christmas with Summer Solstice and the beginning of the Birak season on December 13.
Amy Towers
Treasurer Jim Chalmers has given approval for South Korean defence giant Hanwha to increase its ownership of WA-based shipbuilder Austal.
Andrew Greene and Sean Smith
The S&P 500 and the Dow closed at record highs, even as a sell-off for Oracle and worries about a potential AI bubble weighed on Wall Street.
Rising mining stocks powered the ASX’s performance on Thursday, despite the Australian sharemarket being unable to follow a strong lead-in from Wall Street.
Myer boss Olivia Wirth will wait and see how the rest of the Christmas trading period pans out but says it’s been ‘so far so good’ after the department store chain recorded its best Black Friday ever.
Cheyanne Enciso
