Country Road Group is the latest retailer to call out tougher trading conditions due to the Iran war and rising interest rates as it records a brutal sales slump.
Cheyanne Enciso
Middle East war fears and Wall Street’s heavy overnight fall have snapped the ASX 200’s three-day winning streak, with nine of 11 sectors closing lower.
Cameron Micallef
Commonwealth Bank could post a $10.8 billion profit and still disappoint investors, with UBS arguing its lofty valuation leaves little room for anything less than a flawless result.
Ryan Johnson
NAB has released a staggering update on home loan applications and the RBA has made it clear struggling borrowers are on their own.
The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.
Kaaren Morrissey
Shareholders in the lithium miner are set to share in the spoils of a growing cash pile, with chief Dale Henderson not keen to whip out the company’s bulging wallet for an acquisition anytime soon.
Adrian Rauso and Daniel Newell
US stocks closed lower after the Federal Reserve kept interest rates on hold and with AI stocks compounding recent declines.
Staff Writers
Embattled pizza giant Domino’s says its move to dump heavy promotions and popular discount vouchers in WA has proven successful and will be rolled out nationally this financial year.
Softer inflation figures have sent the ASX surging to its highest close in five months, despite the Australian dollar falling.
A lacklustre end to the financial year and a weaker-than-expected outlook have pummelled Liontown’s share price.
Adrian Rauso
European shares and US futures have risen while nerves over AI battered Asian markets, as investors prepare for a Fed rate decision and some big tech earnings.
Niket Nishant and Ankur Banerjee
Northern Star Resources is keeping full-year production expectations close to its chest as it starts up the problematic $1.6 billion expansion of its Fimiston mill at the Super Pit mine in the Goldfields.
Rebecca Le May and Daniel Newell
Higher oil prices fuelled by the Middle East war have pumped up profits for Woodside Energy but the conflict has delayed steel deliveries for its major new US project..
Sean Smith
Rio Tinto is looking to sell, instead of restart, its mothballed Mt Cattlin mine in WA amid a lithium price revival.
Chris Ellison’s Mineral Resources has closed out a resurgent financial year with a quarterly record at its all-important Onslow Iron operation.
US stocks have closed mostly higher as investors scrutinise the need for more corporate spending on artificial intelligence infrastructure.
Noel Randewich
Australia’s sharemarket has bounced back from early losses after Reserve Bank governor Michele Bullock signalled demand growth is slowing faster than expected.
Asian chipmakers have been at the heart of a global stocks sell-off amid concerns about the AI boom, with South Korea's market plunging over 10 per cent.
Tom Westbrook, Ankur Banerjee and Sruthi Shankar
A fire-ravaged processing plant at the Greenbushes lithium mine is just days away from being operational again, according to IGO, but the damage bill is yet to be revealed.
Nvidia’s fresh round of AI infrastructure deals are accelerating a streak of investments that sceptics warn is artificially inflating demand and valuations across the industry.
Dina Bass and Winnie Hsu
US stocks have closed mostly higher as investors focused on major companies' earnings results and a Federal Reserve decision.
Sinéad Carew and Noel Randewich
An unofficial US-Iran ceasefire has sent the ASX to its best trading day in six weeks, with oil prices plunging and stocks surging across nearly every sector.
One of the nation’s biggest players in the tyre market has flogged off its trouble-plagued WA operation after a period of declining revenues and substantial losses.
Myer boss Olivia Wirth says she has seen a sharp slowdown in trading as the perfect storm of higher fuel prices, rising interest rates and a cooling housing market force shoppers to keep their wallets shut.
