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Aussie shares end week higher on decent final session

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Australia's share market has ended a volatile week higher, following five wild sessions of earnings, oil price swings and interest rate woes.

PM call to keep refugee numbers 'not a backflip'

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The prime minister has confirmed Australia's refugee intake will remain at current levels, despite reports it would be cut by one-third.

Wall Street gains as investors cheer Nvidia's forecast

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The technology-heavy Nasdaq has outperformed peers at the close of trade after chip maker ‌Nvidia's bumper revenue forecast reaffirmed the strength of the AI boom and fuelled gains in technology stocks.

Australian shares slide as rate-hike fears mount

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Australia's share market has posted its worst day since early June after three of the big four banks warned interest rate hikes could come sooner than expected.

Bunnings lifts Wesfarmers' profit

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A decision to drop prices on thousands of goods in the wake of household cost of living pressures helped the owner of Bunnings, Kmart and Priceline achieve another multi-billion dollar earnings

Wall Street ends lower following hot inflation data

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Wall ‌Street's main indices have closed slightly lower after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings ‌later in the day.

Share gains derailed by inflation surprise

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Australia's share market has handed back an early lead to end the session lower, after hotter-than-expected inflation figures raised the odds of incoming interest rate hikes.

Inflation result puts rate rise on the table

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Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes.

Woolworths' profit lifts 18pc

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Australia's biggest supermarket chain has boosted its annual profit by 18 per cent, despite a challenging economic environment that has strained household budgets.

Nine lifts profit, maintains streaming focus

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Nine Entertainment has increased its full-year net profit as it continues to focus on its streaming and broadcast assets.

Wall Street ends higher as tech rebounds

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Wall Street's main indexes have closed higher as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's results, ‌while investors found some relief in drops in oil prices and bond yields.

Shares improve as banks bounce, oil dips on Iran hopes

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Australian shares have clocked a second straight session of gains, as solid earnings, a banking rebound and easing oil prices lifted investor confidence.

Wall Street ends mixed as investors weigh Iran moves

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The S&P 500 and Nasdaq have ended lower, pulled down by technology stocks as investors weighed fresh US economic pressure against Iran ‌and braced for a week that includes Nvidia earnings and a closely watched inflation report.

Shares advance as mining stocks hit record highs

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Australia's share market has started the new week higher, as BHP and the materials sector hit record highs, while banks and insurers sold off.

Scandal-hit KPMG reports $2.5b revenue

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KPMG, which has been embroiled in an audit and whistleblower scandal, will cut more than 350 jobs after a fall in revenue in its main consultancy business.

Wall Street rises amid focus on bond yields and Iran

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The main US stock indices have closed ‌higher but showed declines for the week, which was marked by investor jitters over fluctuating government bond yields and a lack of clarity on progress in the Middle East

Aussie shares fall for second week as bond worries loom

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Australian shares have fallen for a second week amid high oil prices, US bond market concerns and a sell-off in local banks as housing market gloom persists.

Inghams' wings clipped again as profit tumbles

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Australia's largest chicken meat supplier has delivered a slump in annual profit on the back of cost increases and says the operating environment remains challenging.

Wall Street closes lower as US bond yields rise

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The three ‌main US equity indices have closed lower as rising Treasury yields dented risk appetite while disappointing results from retail bellwether Walmart soured investors on the consumer sector and rallying oil prices fanned inflation ‌worries.

Shares break losing streak but banking slump continues

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Australia's share market has snapped a six-session losing streak, buoyed by strong miners, tech and health care stocks as banks continue to fall.

Wall St rises, Moderna lifts healthcare stocks

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The main US stock market indexes closed modestly higher, as easing ‌government bond yields boosted risk appetites while a dramatic rally in shares of vaccine-maker Moderna drove gains in the healthcare sector.

Aussie shares fall for sixth day as confidence wavers

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Australia's share market has fallen for a sixth-straight session, as high oil prices and global bond market worries weigh on investor confidence.

ACCC bares teeth at dodgy digital sellers

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The national consumer watchdog has vowed to take action against businesses that "optimise" false or manipulative practices through social media and online marketplaces.

Tech sell off drags Wall St down as bond yields climb

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Wall Street's main indices have closed lower, with semiconductors ‌leading technology declines as Middle East uncertainty pushed bond yields to multiyear peaks, feeding concerns about borrowing costs and inflation.

Aussie shares flat as health stocks, BHP limit losses

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Australia's share market has ended the session slightly lower, despite outsized gains in BHP and healthcare stocks ultimately shielding broader market weakness.

Likely deal looms for contentious gambling reforms

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Major parties appear poised to sign off on changes to gambling laws, but some MPs say the reforms do not go far enough.

Wall Street closes lower as oil prices increase

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Wall Street's three major indices have finished lower as investors wait ‌for quarterly reports from large retailers to provide insights into US consumer spending while oil prices rose as the US and Iran appeared no closer to a deal.

Aussie shares dip as banks and retail stocks drag

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Australia's share market has started the week on the back foot as investor concerns about the economic outlook weigh on banks and consumer discretionary stocks.

Labor vows to defend super scheme from One Nation, Libs

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Multiple contentious Labor policies might pass the parliament pending a deal, as Labor goes on the attack against One Nation and the coalition amid new polling.

Wall St slips as investors weigh data, Iran tensions

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The S&P 500 has closed lower, dipping from a record ‌high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data.

Banks and miners drag market to worst week in months

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Australia's share market has posted its worst week since April as investors take money off the table amid softer commodity prices and earnings uncertainty.

PM pushes case for tariff removal in Trump phone call

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Levies will remain in place on Australian goods to the US for now, but the prime minister says Donald Trump will consider scrapping the measure on its ally.