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The ASX is set to fall after a quiet night on global markets. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
Fortescue Metals executive chairman Andrew "Twiggy" Forrest has defended the failure to sign a mining compensation agreement with Yindjibarndi traditional owners in WA's north. → Read More
Wall Street is lower as tech stocks slump ahead of meetings this week by major central banks. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
Tesla made record profits last year, even as high interest rates slowed down the global economy and hurt consumer sentiment, but the company's boss, Elon Musk, is dismissing speculation the car maker cut prices because of slowing demand, saying demand for the vehicles has reached record highs. → Read More
Airline Virgin Australia is one high-profile name that could kick-start the Australian share market in 2023, after last year proved to be dismal for public listings. → Read More
The Australian share market looks set to increase today as investors await this week's inflation numbers, which will influence the Reserve Bank's next move on interest rates. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
Unemployment is steady at 3.5 per cent, after November's jobless rate was revised higher, on the back of an estimated 14,600 jobs being lost last month. → Read More
The ASX is set to rise after Wall Street gained on Friday following major US banks posting better-than-expected profits. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
US stocks edge higher after a major speech by US Federal Reserve chairman Jerome Powell. Follow the day's events and insights from our business reporters on the ABC News live markets blog. → Read More
Households are hoping interest rates will reach their peak soon and home prices may start to rise. However, rising inflation and interest rates have businesses worried about the future. → Read More
Stronger iron ore prices boost miners on the Australian share market after Wall Street ends mixed when employers hired more people than expected in November. → Read More
The corporate regulator suspends the financial services licence of crypto currency firm FTX Australia, Australian stocks fall, and US stocks are bolstered after producer prices were lower than expected last month. → Read More
The ASX is in the red and the Commonwealth posts a $2.5 billion quarterly profit. Wall Street ends lower as US Federal Reserve official Lael Brainard says the central bank could start to ease back on steep interest rate hikes after last week's inflation data. → Read More
Australia's big four banks raked in nearly $30 billion in profits over the 2022 financial year as people struggled with the cost of living. And higher interest rates will put more mortgage borrowers at risk. → Read More
The ASX is down in early trade after Wall Street slipped on concerns over more interest rate rises by the US central bank. The Bank of England raises rates by the most in more than three decades. → Read More
Shares in Facebook owner Meta Platforms plunge after weak quarterly earnings, Amazon sees slower growth, Miners pull down the ASX, and the European Central Bank raises interest rates again. → Read More
Investors welcomed the resignation of UK Prime Minister Liz Truss, while Wall Street fell on fears of more-aggressive interest rate rises by the US central bank. The Australian market has opened lower. → Read More
Recession fears return to the ASX and Wall Street with stocks ending a two-day rally amid a rise in Treasury yields on interest rate concerns, as well as hot inflation in the UK. → Read More
The ASX has jumped in early trade and US stocks rallied overnight after the UK Government ditched major parts of its economic plan that caused turmoil in financial markets and the Bank of America posted stronger earnings. → Read More
Saudi Arabia and Russia are on a collision course with the West after major oil producers cut oil production to drive up prices. The move could increase energy prices, plunge the global economy into recession, and help Russia in its war in Ukraine. . The ASX and Wall Street lose ground after two day rally. → Read More