Markets

The market discipline that was meant to cage the prince has, in short, become the lever by which the prince escapes the cage.

Oil prices surged 10 per cent to a four-week high overnight, raising fears of another spike in the price of petrol and diesel in Australia.

Oil is climbing as the US and Iran trade attacks in the Gulf, choking the Strait of Hormuz and rekindling inflation risks, while share markets slide in Asia.

The International Monetary Fund has downgraded its outlook for the world economy but remains optimistic that fallout from the Iran war is being offset by AI and new technology.

His comments came a day after the US Treasury withdrew a waiver that allowed Tehran to sell its oil under the interim ceasefire deal.

Australian home borrowers are likely to cop another interest rate hike by Christmas as uncertainty in the Middle East keeps inflation higher for longer.

Many High Growth super funds delivered returns in excess of 10 per cent in financial year 2026, ahead of historical averages in part thanks to their exposures to international shares.

THE ECONOMIST: Not long ago Hong Kong was declared dead by some financial commentators, and ready for embalming. But it is now finding a path back from the afterlife, with pensive cats to guide the way.

Australia’s biggest KFC operator Collins Foods says it is well prepared to mitigate any supply disruptions from the worsening bird flu outbreak across two States.

When the crash comes, stabilising markets will be easy compared with reordering society for AI, writes short-seller Carson Block.

Superannuation savings are looking at another strong annual return, despite the damage inflicted on Australian shares by the Middle East war.

The US global media and technology conglomerate behind NBC and Sky has revealed its plans to separate its businesses into two publicly traded companies.

Australia’s economy is tipped to suffer the worst slowdown since 2020, when GDP plunged by 1.1 per cent over a year that included COVID lockdowns that sparked the first recession in 29 years.

THE ECONOMIST: Meet the corporate gamblers who never waste a good energy crisis.

A drone attack on a Singapore-flagged ship in the Strait of Hormuz is a bad sign for Australia’s inflation fight.

For the former long-running US Fed chairman, the numbers were always a guide, like the notes on a piece of sheet music.

Alan Greenspan, who headed the US central bank under four successive presidents, has died at age 100.

Home borrowers have been spared more pain with the Reserve Bank’s monetary policy board unanimously voting to leave rates unchanged for the first time since December, amid an expected end to the Iran war.