Business
Markets
ASX set to open higher as Wall Street jumps
Wall Street has made a strong start to the week as it looks to end its seven-week losing streak.
- by Damian Troise and Alex Veiga
Latest
The Wrap: Beijing COVID fears flatten ASX
A clear-cut election result, and rising iron ore prices, helped lift the ASX 200 as much as 0.4 per cent this morning but fresh lockdown jitters from China saw the market close flat, up barely 3.3 points to 7,148.9.
- by Colin Kruger
Opinion
World markets
The sharemarket crash has only just begun and it will hurt
Bear markets come and go but this one could be one of the worst in history.
- by Matthew Lynn
Ethereum co-founder says he’s no longer a billionaire
Vitalik Buterin, co-founder of the Ethereum blockchain platform, is the latest casualty in the dramatic collapse of crypto fortunes.
- by Scott Carpenter
ASX set to dip, late rally saves Wall Street from bear market
Wall Street rallied late to inch higher but still recorded it’s seventh-straight week of losses.
- by Damian Troise and Alex Veiga
Why ‘Big Tech’ isn’t scared of the Wall Street wobble
They may have lost $US2.7 trillion ($3.7 trillion) in value so far this year, but the tech behemoths are as bullish as ever.
- by Tripp Mickle
The Wrap: ASX snaps 4-week losing streak
Wall St wobbles overnight did not stop the ASX 200 rebounding strongly, with the market closing 1.2 per cent stronger at 7145.6 points.
- by Colin Kruger
Wall Street’s armchair traders rode the bull. Now they may have to fight the bear
For years, both novice and experienced traders could not help but make money during Wall Street’s bull run. It’s a different world now.
- by Tara Siegel Bernard
ASX set to dip as Wall Street wobbles towards bear market
Another volatile day on Wall Street ended with more losses for stocks, drawing the S&P 500 closer to its first bear market since the beginning of the pandemic.
- by Damian Troise and Alex Veiga
Opinion
Oil
Why do we swallow what Big Oil and the green movement tell us?
Accepting either side’s flawed arguments in the energy war is hurting us economically, environmentally and, especially of late, geopolitically. Meanwhile, Putin is laughing all the way to the bank.
- by Thomas L. Friedman
Opinion
Cryptocurrencies
Crypto cool or kryptonite: the $2 trillion investor that warns stay away
It has been a wild and messy ride for recent investors and a hugely profitable one for those that got in early and out in time.
- by Elizabeth Knight