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World markets
The wrap: ASX closes in the green despite afternoon drop-off
The ASX set a new 100-day high on Thursday as gold and copper shares surged and coal plummeted.
- by Billie Eder
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Opinion
Cryptocurrencies
The crypto industry’s house of cards is tumbling down fast
One of the biggest questions of the FTX debacle is why were so many of the biggest names in business, politics and the media so willing to go along with the whole charade?
- by Matthew Lynn
Updated
World markets
ASX closes higher after a strong day for Qantas and miners
The Australian sharemarket neared a six-month-high on Wednesday as stocks across most sectors advanced.
- by Billie Eder
Opinion
Bonds
Could the world’s most important market crash?
Traders have been concerned about the volatility and lack of liquidity in the US bond market this year, fearing the world’s key financial market might seize up and trigger a global financial crisis.
- by Stephen Bartholomeusz
Updated
World markets
ASX closes higher, bolstered by energy and lithium shares
The ASX brushed off Wall Street’s negative lead and resurgent investor jitters over China’s stringent COVID policies.
- by Billie Eder
Opinion
Oil
Russia’s oil clock is ticking down. How Putin reacts will affect us all
Tensions are rising and speculation abounds in oil markets as the G7 nations, and Australia, prepare to impose a price cap on Russian oil. The consequences of it are uncertain.
- by Stephen Bartholomeusz
Crypto crisis: Bitcoin slumps as bankruptcy rumours hit digital exchange Genesis
Already crumbling from the FTX collapse, the price of Bitcoin has slumped amid reports digital exchange Genesis has warned investors it faces bankruptcy
- by Sunil Jagtiani
Wall Street is falling back in love with China
More than two years of growth-crushing policies sent international investors fleeing China. It’s taken all of two weeks to lure them back.
- by Sofia Horta e Costa and Tania Chen
ASX tumbles after miners, energy stocks close on the back foot
Australia’s sharemarket has closed in negative territory, weighed down by energy, IT, and materials stocks, following the Chinese central bank’s decision to keep benchmark rates on hold.
- by Nell Geraets
Updated
World markets
Banks boost ASX despite hawkish US rates talk
The ASX closed in the green despite Federal Reserve talk around further rate rises, which triggered stocks to fall on Wall Street and Treasury yields to rise.
- by Nell Geraets
ASX bolstered by consumer staples despite Wall Street wobbles
The Australian sharemarket closed in the green despite a sour session overnight on Wall Street and uncertainty around the long-term impact of the latest jobless rates.
- by Nell Geraets