The Australian sharemarket has eked out a slim gain, as rising oil prices and looming global interest rate hikes rattled investor sentiment.
Cameron Micallef
NRW Holdings continues to beef up its order book, with $313 million worth of contracts secured across mining and civil projects.
Daniel Newell
Mine financing giant Franco-Nevada has doubled down on Tim Goyder’s Bullabulling project as Minerals 260 lines up about $450m to push the WA gold mine towards construction.
Ryan Johnson
A Laverton gold miner has appointed administrators to two subsidiaries following a fight with a contractor.
Matt Mckenzie
Global tech shares have fallen on warnings by AI CEOs about the dangers of the technology, while crude prices and bond yields continue their worrying rise.
Amanda Cooper
Strong consumer price data reinforced expectations the Fed will raise interest rates to fight inflation, as oil prices fell and Wall Street ended higher.
Noel Randewich
The ASX 200 has slipped almost one per cent, as oil prices soared and fears of a rate hike spooked investors.
Angie Raphael
Donald Trump’s threat to wipe Iran “out as a country” has delivered a brutal reality check to Australian investors.
Paige Fryer
Elliott Investment Management has upped the ante in its push for a radical shake-up of Super Pit owner Northern Star Resources.
The Australian sharemarket faces fresh pain as oil prices surge and the US Federal Reserve edges closer to raising interest rates.
Joanne Williamson
Oil extended its powerful rally above $US100 a barrel following an escalation of hostilities in the Middle East that has stoked fears of deeper supply disruptions.
Bingyan Wang and Mia Gindis
US stocks have closed lower as investors digested economic data and oil prices continued to move higher.
Noel Randewich and Niket Nishant
Austal suitor Wildcat Infrastructure has confirmed it has made an offer for the Australian-based shipbuilder’s American arm for up to $1.87b in an effort to return ‘maritime capability and supremacy’ to the US.
Adrian Lowe
Australia’s sharemarket has recorded one of its weakest trading days of the year after oil prices surged above US$101 a barrel.
Vulcan Energy Resources executive chair Francis Wedin will step down from the top job and transition into a consultancy role.
Adrian Rauso
US stocks have closed lower as investors monitored developments in the Middle East and the price of oil.
Noel Randewich and Tharuniyaa Lakshmi
The Australian dollar has surged to a four-month high amid hawkish comments from the Reserve Bank and oil prices topping US$100 a barrel.
The chief executive says he doesn’t expect the spectre of a major new tax on the oil and gas sector will go away any time soon — and investors remain worried.
Rebecca Le May
Global stock markets are under pressure as oil prices raised concerns that higher inflation will prompt central banks to keep monetary policy tighter.
Staff Writers
IGA supplier Metcash is bracing for increasing tobacco excise to hit earnings as shoppers shun supermarkets to buy cut-price smokes at dodgy retailers.
Cheyanne Enciso
Little-known Wildcat Infrastructure has bettered South Korean conglomerate Hanwha’s offer of between $US1.05b to $US1.2b.
Sean Smith
US stocks have closed lower as Gulf tensions push the price of oil to nearly $US100 a barrel as investors worry over potential inflation concerns.
Pete Schroeder
The Perth company will issue 80 million shares at 50¢ each, giving it an indicative $158.3m market value when it hits the boards under the ticker INN.
