The ASX has hit a six-week high after data showed US inflation continues to moderate, raising the odds for end-of-year interest rate cuts.
Esther Linder
MSCI's broadest index of Asia-Pacific shares outside Japan has climbed 1.44 per cent; Hong Kong's Hang Seng has advanced 0.9 per cent.
Kevin Buckland
Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.
Derek Rose
Retail sales flat in April; Meme stocks snap sharp rally; Indexes up: Dow 0.88 per cent, S&P 1.17 per cent, Nasdaq 1.40 per cent.
Sinead Carew and Bansari Mayur Kamdar
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
Duncan Evans
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
The boss of ASX debutant Sun Silver is banking on a big silver supply squeeze and the commodity’s increasingly crucial use in solar panels as a winning combination for the Nevada-focused explorer.
Simone Grogan
Ken Brinsden-led lithium explorer Patriot Battery Metals won’t pursue downstream lithium processing with its biggest shareholder and US chemicals giant Albemarle, triggering a jarring share price fall.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Santos is giving the boot to about 200 employees — most of them based in Perth — and has pinned the blame on slow project approvals, a reason which Premier Roger Cook has cast doubt on.
Adrian Rauso
Pathology chains have lost ground while major miners made gains following the federal budget, with the ASX200 overall finishing 0.4 per cent higher.
Traders await what could be pivotal US inflation data with global shares rising and a frenzy in so-called "meme stocks" entering a third day.
Amanda Cooper
As Anglo American sets out a survival plan Mike Henry says his BHP will do a better job of delivering value for Anglo’s shareholders.
Thomas Biesheuvel and William Clowes
Meme-stock traders again piled into shares of GameStop and AMC Entertainment in a revival of the retail-trading frenzy that rocked markets during the pandemic.
Bre Bradham and Subrat Patnaik
Fed's Powell: PPI 'mixed', next move unlikely to be a rate hike; Indexes rise: Dow 0.32 per cent, S&P 0.48 per cent, Nasdaq 0.75 per cent.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
WA regenerative medicine company Orthocell has reported a near 100 per cent success rate for its dental bone repair product during a recent clinical study.
Cheyanne Enciso
The ASX200 has dipped 0.3 per cent as traders wait to see if US inflation has cooled.
Investors are waiting to see whether US consumer price growth slows as expected, with world shares marking time near record highs.
Tom Westbrook
An analyst that correctly predicted BHP’s sweetened takeover offer would be rejected by Anglo American says the English miner’s sticker price is upwards of $72 billion.
The return of Roaring Kitty sparked a jaw-dropping advance in GameStop shares in the US overnight, but such a speculative rally in an unprofitable company will likely end badly once again.
Yun Li
A nut milk brand has announced it will no longer be sold in Australia, and this is why.
Madeleine Achenza
Anglo American has rejected a second approach from BHP that valued the miner at £34 billion ($64.4b), as pressure builds on the 107-year old company to lay out a compelling vision to survive on its own.
Thomas Biesheuvel and Daniel Newell
US stocks closed flatter with all eyes on the key inflation data and earnings reports due later in the week.
Staff Writers