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AUSTRALIAN MARKET UPDATE
India-Australia ties hold 'key role' in Indo-Pacific calculus, ex-PM Scott Morrison saysFormer Australian PM Scott Morrison highlighted the Indo-Pacific as the world's center, emphasizing the Australia-India partnership's cruci...- Quad’s 5-step push for Indo-Pacific cooperation unveiled at Delhi meetingThe Quad grouping has launched five new initiatives for enhanced cooperation. These focus on maritime surveillance, port infrastructure, en...
- Australian shares flat as housing-tax changes, global risks cap volatile weekAustralia's federal budget on Tuesday proposed curbing negative gearing to encourage investment in new housing, raising concerns about slow...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
- Global markets | Australian shares slip as RBA decision looms, NAB posts profit missAustralian shares declined on Monday. The S&P/ASX 200 index closed lower. NAB reported a miss in half-year earnings, affecting market senti...
- Yen steady as BOJ kicks off big week for central banksThe Japanese yen held steady as markets awaited the Bank of Japan's policy decision. Other major central banks, including the US Federal Re...
- Global Markets | Australia Inc starts to feel Iran war fallout, raising stagflation riskAustralia's economy faces a stagflationary shock as the Middle East conflict drives up fuel prices. Top companies like Qantas and Westpac a...
- Dollar stays stable after Trump says Iran war could finish soonThe dollar saw its safe-haven gains fade as President Trump suggested the Iran conflict could end soon, though mixed signals kept markets c...
- Australia raises income thresholds for employer-sponsored visas; changes tied to annual wage indexationAustralia has revised salary rules for hiring foreign workers. New income thresholds will apply from July 1, 2025. These changes ensure ove...
- Oz 2020 investment in India similar to 2018: Australian govtAs per the Australian government’s India Economic Strategy (IES) to 2035 update, one in every five students studying in Australian universi...
- Australian shares end slightly higher on banking, gold stocks boostThe mining index shed 0.4%, with global miner Rio Tinto and BHP sliding 1.6% and 0.6%, respectively.
- Australian shares end higher for sixth day as tech, financials rally"The local market moves were driven by global macro trade on selling bonds and buying equities," said Mathan Somasundaram, CEO and founder ...
- Australian shares see worst day in 1-1/2 years as Russia-Ukraine crisis worsensThe S&P/ASX 200 index ended at 6,990.6, with its drop marking its worst session since Sept. 4, 2020. The benchmark is also on track for its...
- Australian shares mark worst day in 2 weeks as tech stocks weighTechnology stocks slid 3.8% in their worst day in more than a week, with Block Inc's Australian shares down 6.7%, while Xero Ltd and WiseTe...
- Australian shares weighed down by banking, healthcare stocksThe benchmark S&P/ASX 200 index closed 0.1% lower at 7,110.80, recouping losses after declining nearly 1% earlier in the day.
- CSL, energy stocks drag Australia shares lower; tech rally limits lossesCSL, one of Australia's largest stocks by market value, plunged on resuming trade after two days on announcing a discounted $5 billion plac...
- Australia shares fall for third day as miners drag on China worriesAsian stock markets were tugged lower by fresh concerns about the solvency of property developers and high factory inflation in China, Aust...
- Australia shares mark best day in a month as banks, miners reboundThe S&P/ASX 200 index climbed 0.9% to 7,392.7, with most sectors closing in positive territory.
- Inflation worries pull Australia shares lower, financials top losersFinancials were down 1.8% and marked their worst session in nearly a month with the "Big Four" banks falling between 1.6% and 2.5%.
- US, UK, Aus warned of imminent terror attacks in New DelhiUS, UK, Aus warned of imminent terror attacks in New Delhi.
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