Australian shares are headed for a tumble after a rapid reversal in US stocks that sent the Nasdaq Composite to its biggest one-day loss since June 2020.... Continue Reading
An hour into a post-increase media conference after the cash rate was raised on Tuesday to 0.35 per cent, Reserve Bank Governor Philip Lowe opened with a mea culpa. There would also be an internal r... Continue Reading
Australian shares were headed for a positive start after US stocks soared to their best performance in over two years when the US Federal Reserve raised rates but calmed markets to assure them a jumbo... Continue Reading
Australian shares are poised to rise as tread cautiously the day before a widely expected rate hike from the US Federal Reserve moves made moderate gains in a topsy-turvy session.... Continue Reading
Governor Lowe insists a strong economy and well-heeled households can cope with higher rates... Continue Reading
Australian shares are set to open slightly lower as US stocks rebounded from an intra-day dip in a late rally after heavy selling on Friday.... Continue Reading
Warren Buffett talked about new acquisitions, cryptocurrency and inflation when he took the stage before thousands of the faithful at Berkshire Hathaway’s annual general meeting on Saturday.... Continue Reading
Australian shares are poised to fall after a broad selloff rattled Wall Street on Friday in the wake of a sharp drop at Amazon.com and worries about higher rates. The Reserve Bank’s board meets ... Continue Reading