Business
Markets
Opinion
Inflation
Commodity boom adds to confusion about the outlook for inflation
Does the new boom in commodity prices point to a longer and stronger post-pandemic surge in global growth and inflation than markets and central banks have assumed?
- by Stephen Bartholomeusz
Latest
Analysis
Sharemarket
It’s complicated: Central banks are making passive investing trickier
Over the last 10 years, investors have been rewarded for keeping it simple, tracking sharemarket indices rather than analysing the prospects of individual companies. Not any more.
- by Anneka Treon
People are flying to nowhere just to shop duty free during COVID
Last month, Hyun Jung-a boarded a flight from South Korea’s Incheon Airport. Around two hours later, she was back in the same airport and loading up on duty-free shopping, despite never landing in another country.
- by Kyunghee Park, Bruce Einhorn and Angelina Rascouet
As it happened: ASX slips 0.7% even as CBA, tech stocks rise
The ASX 200 dropped 0.7% on Wednesday to close at 7044.9, backing further away from Monday’s record closing high.
- by Lucy Battersby and Alex Druce
Updated
World markets
ASX set for more losses on back of global market sell-off
Wall Street continues its slide as inflation concerns continue to weigh on investors.
- by Stephen Culp
‘Don’t stop buying now’: Investors bet billions on copper’s bull run continuing
A year into the red-hot bull run in industrial metals that’s lifted copper to record highs, investors are still piling in, staking billions of dollars that it won’t run out of steam any time soon.
- by Mark Burton
As it happened: ASX dips 1.1% as Federal Budget looms
The ASX 200 slipped 1.1 per cent from Monday’s record close as investors awaited the delivery of the Federal Budget. Tech stocks dropped 4.2 per cent.
- by Alex Druce and Lucy Battersby
Wall Street veterans using old tricks in $3.1 trillion crypto jungle
Wall Street veterans are becoming crypto converts and are unleashing old-school finance tricks to exploit the industry’s rampant inefficiencies, volatility and downright weirdness.
- by Justina Lee
Updated
World markets
ASX set to fall as Wall Street hit by tech sell-off
Heavy falls for the likes of Apple, Google, Facebook and Amazon weigh down Wall Street and set up the ASX for losses this morning.
- by Damian Troise and Alex Veiga
Amazon is borrowing $23.6 billion of more cash it doesn’t need
Amazon.com is selling bonds to refinance debt and buy back stock, as cheap borrowing costs prove too tempting to resist even for a company with tens of billions of dollars in cash.
- by Molly Smith and Matt Day
‘We’re in a new world’: Iron ore surges 10 per cent to new record
Iron ore futures surged more than 10 per cent and copper extended its record run amid increasing bets they’ll be among the biggest winners from a commodities boom.