Business
Markets
Opinion
Middle East at war
The ticking time bomb facing the global economy
It is arguably the most important choke point in the global energy supply chain and is under threat from the Middle East conflict.
- by Stephen Bartholomeusz
Latest
Updated
World markets
ASX closes flat; ASIC to probe market operator
The Australian sharemarket closed almost flat, with energy giant Santos surging on the back of a $30 billion takeover bid from a consortium led by Abu Dhabi’s national oil company.
- by Staff reporters
Safe haven: ASX outperforms Wall Street amid Trump chaos
Investors, driven from the US market by Trump’s unpredictability, have sought out the semi-insulated ASX.
- by Angus Delaney and Clancy Yeates
Opinion
Investing
Danger signs are building as the ‘grumpy rally’ gathers steam
The investment environment has been compared to the lead-up to the dotcom bust of 2000, as share prices hit records despite ongoing Trump chaos and rising risks.
- by Colin Kruger
Updated
World markets
ASX dips as gold, energy stocks soar after Iran attack
The Australian sharemarket has closed in the red on Friday after explosions rang out in Iran’s capital, but energy and gold stocks have soared.
- by Staff reporter
Updated
World markets
ASX closes lower as miners and banks decline; Qantas, gold miners rise
The Australian sharemarket declined on Thursday after US President Donald Trump dialled up trade tensions once again.
- by Angus Delaney
Updated
World markets
ASX closes higher after US and China talks; investors ride momentum
The Australian sharemarket pared early gains after hitting a fresh record peak.
- by Angus Delaney and Staff writers
Opinion
Currencies
Has Trump created an opportunity for the euro to displace the US dollar?
Donald Trump’s trade wars may have opened a window of opportunity for the European Union to realise a long-held ambition: establishing the euro as the world’s reserve currency.
- by Stephen Bartholomeusz
Trump’s Treasury Secretary emerges as contender to run the Fed
A growing chorus of advisers inside and outside the Trump administration are pushing for Scott Bessent to replace Jerome Powell as the next chair of the Federal Reserve.
- by Saleha Mohsin, Nancy Cook and Joshua Green
Updated
World markets
ASX hits record high on US-China talk hopes; Monash plummets on IVF bungle
Investors have been buoyed by hopes this week’s talks between the US and China will ease global trade tensions, while CBA shares climbed to a fresh record.
- by Staff reporters
Opinion
Trade wars
It’s clear who has greater leverage in the trade talks. It’s not Trump
In the trade negotiations between China and the US, the focus has switched from tariffs to export controls as it becomes clear America can’t go without one crucial China export.
- by Stephen Bartholomeusz