Markets

While the rest of the Australian share market is riding a wave of euphoria as a two-week ceasefire eases tensions in the Middle East, a subsequent fall in oil prices is now smashing energy stocks.

Australian borrowers could be spared a rate hike next month after New Zealand’s central bank left rates on hold, citing worries about an economic slowdown even with inflation above target.

DroneShield says founder and chief executive Oleg Vornik and chair Peter James are stepping down and will not stand for re-election at the next annual general meeting.

Guzman y Gomez has delivered a welcome surprise in the third quarter, analysts say, with Australian sales growing on the back of its tie-up with popular online food ordering platform Uber Eats.

Australian investors have followed a positive lead from Wall Street overnight, pinned on hopes of an 11th-hour peace deal between the US and Iran.

Google researchers warn that Bitcoin’s $US1.4 trillion network needs urgent security upgrades to counter hacking threats.

Prices for diesel surged again over Easter on worries the Middle East war could extend for weeks or months.

The US President disappointed investors hoping for a quick resolution to the conflict now in its fifth week.

‘One of the best times in a long time to buy quality’.

The RBA has scrapped a hidden fee that was costing Australians $1.6bn a year in a major change for shoppers – but there’s a catch.

Markets are still being driven by headlines around the Middle East war.

Australian investors have welcomed news of a possible path to peace that will end a month of bombings across the Middle East, sending the S&P-ASX200 sharply higher.

Homegrown software giant Atlassian tumbled another 8 per cent overnight, although some investors think its 70 per cent collapse is overdone.

Shares in KMD Brands closed higher after it rejected a proposal from a US surfwear company to demerge its Rip Curl business, saying the move would create no value for investors.

A battered Australian share market opened sharply higher on Tuesday after Donald Trump revealed he had ordered the military to postpone strikes against Iranian power plants.