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Aust stocks rebound after global sell-off

Australian shares have rebounded as global markets recovered from a sell-off sparked by concerns over the deadly coronavirus outbreak.

Inflation up ahead of RBA rates decision

Annual inflation has inched higher to 1.8 per cent for the December quarter - and at least one analyst expects the Reserve Bank will delay a rate cut.

Australian stocks recover from virus

Australian shares have rebounded after global markets recovered from a sell-off amid concerns about the deadly coronavirus epidemic.

Oil edges up as stock markets rebound

Oil futures edged up overnight after falling for five days, gaining support from a rebound in Wall Street stocks and talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand.

Morning Headlines

$1b wiped from Forrest fortune Fears that iron ore demand will be hurt by China’s tough measures to contain the coronavirus outbreak have snapped a massive rally for Fortescue Metals Group. The Fin

Gold dips as stocks and dollar recover

Gold fell overnight as equity markets rebounded following positive US economic data while the dollar scaled a near two-month peak ahead of the US Federal Reserve's policy meeting.

ASX closes under 7,000 as virus spreads

Australian shares have had their worst day of 2020 amid fears that the spread of the deadly coronavirus will infect global economic growth.

National honours for 76 Western Australians

The late Eric Lumsden, Jahna Cedar and Christine Simpson Stokes are among 76 prominent Western Australians to be awarded Australia Day honours this year.

Mine worker dies after accident at Roy Hill

An NRW Holdings mine site worker has died after sustaining serious injuries at Gina Rinehart’s Roy Hill iron ore mine in the Pilbara.

YAC awarded contract for Pilbara ecotourism development

The state government has approved an application by the Yindjibarndi Aboriginal Corporation to build accommodation at Millstream Chichester National Park, with the company to develop glamping tents, caravan sites and a new restaurant at the park.

Aust stocks tumble as virus takes a toll

Australian shares remain down at noon amid fears the spread of the deadly coronavirus will infect global economic growth.

Oil falls 2 per cent amid virus fears

Crude prices dropped 2 per cent to three-month lows overnight as the death toll from China's coronavirus grew, clamping down on travel and fueling expectations of slowing oil demand.

Wall Street drops amid coronavirus worries

US stocks have suffered their worst day in over three months as China extended the Lunar New Year holiday due to a virus outbreak, fuelling worries about the economic impact of containment efforts in the world's second largest economy.

Morning Headlines

China tourist ban to bite

Gold hits 3-week high amid virus fears

Gold climbed to a near three-week high overnight as mounting concerns over the economic fallout of the coronavirus outbreak sent investors scurrying for safe havens.

ASX closes flat but CSL hits new highs

Australian stocks have given up almost all of the day's gains, but are still on track for their best month in years.

Curtin receives $580k ARC grant

Curtin University has received a $580,000 federal grant to undertake research and development of new methods for storing, producing and exporting green hydrogen.

Australian shares rally once more

Australian stocks are higher as industrials bounced back despite continuing fears about the deadly virus outbreak in China.

Lynas Corp on track to get new permit

Lynas Corporation posted a 7.4 per cent rise in quarterly revenue as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing licence renewed by Malaysia in March.

Gold up as virus fears hit risk appetite

Gold rose overnight as scaling concerns over a coronavirus outbreak in China and its impact on global economy soured sentiments for riskier assets, propping up demand for the safe-haven asset.

Oil falls as China virus threatens demand

Oil prices fell 2 per cent overnight on concern the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in US crude inventories.

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