Markets

Sales at Kathmandu owner KMD Brands continue to decline.

Kathmandu owner crosses fingers for Black Friday sales boost

The owner of the Kathmandu and Rip Curl brands will rely on the all-important Black Friday and Christmas trading periods to revive slumping sales across the group.

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Resolute Mining CEO Terry Holohan and Malian leader Colonel Assimi Goita.

Resolute halts trading amid Mali talks to free CEO

Mali is reportedly demanding the miner pay nearly $250m to resolve a tax dispute that a week ago escalated to the detention of the company’s chief executive Terry Holohan and two colleagues.

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 Abby Joseph Cohen has warned of the long-term threat posed by Donald Trump’s policies.

US stock guru sounds warning on MAGA market mania

Abby Joseph Cohen, Goldman Sachs’ former market maven, warns that Trump’s policies are a long term threat to global economy.

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A worker walks down stairs at the Bald Hill treatment plant

MinRes shutters lithium mine with 300 jobs affected

The run of body blows for beaten-down Mineral Resources continues, with the miner announcing the prolonged price slump for key battery ingredient lithium is about to claim another victim— and up to 300 jobs.

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Anthony Albanese has defended the trading relationship with the US ahead of the APEC summit in Peru.

PM: Australia ‘can play a role’ in any Trump-China trade war

Prime Minister Anthony Albanese says Australia ‘can play a role’ in any potential trade war that erupts between Donald Trump’s administration and China.

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Is gold losing its shine?

Is gold losing its glitter among the crypto craze?

JACKSON HEWETT: The precious metal was one of the hottest investments of the past year but the shine seems to be coming off. Can it get its mojo back?

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Beijing has not been standing still waiting for the world to set the agenda. Well before Donald Trump the First put tariffs on Chinese goods, Beijing has been pursuing economic independence.

Why our miners sank on China’s $2.1 trillion stimulus

JACKSON HEWETT: Australian miners fretting over the fact that China’s $2.1 trillion stimulus fell completely flat might want to look a little closer at what Beijing is actually trying to do.

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NAB has released its FY24 results. NewsWire / Roy VanDerVegt

NAB pledges better times ahead for battered borrowers

The Big Four Bank’s CEO has also revealed a forecast for when he believes interest rates will finally fall, adding that there is ‘light at the end of the tunnel’.

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It may bring stronger growth, higher inflation and a global trade war.

Return of Trumponomics excites markets and frightens world

It may bring stronger growth, higher inflation and a global trade war.

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Investors on Wall Street are expecting lower taxes and deregulation after the election results. (AP PHOTO)

Wall Street reacts to Trump election win

Wall Street has opened for the first time since the result of the US election was announced, with President-elect Donald Trump’s win having an instant effect.

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The Australian share market rose as investors focus on the US election. (Bianca De Marchi/AAP PHOTOS)

Australian shares ‘volatile’ in anticipation of US election result

The local sharemarket had risen by midday in what was expected to be a volatile day of trade buffeted by United States election news.

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Mineral Resources managing director Chris Ellison chats with the media after his company's AGM.

Proxy demands more accountability for MinRes directors

Powerful proxy adviser Glass Lewis is calling for long-time members of Mineral Resources’ board to be more accountable for founder and managing director Chris Ellison’s tax dodge scandal.

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Domino's chief executive Don Meij is retiring.

Final delivery for Domino’s CEO Don Meij

The man credited with building Domino’s into Australia’s biggest pizza chain — and spreading the brand’s reach into Asia and key markets in Europe — is retiring after more than two decades at the top.

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Financial markets are being cautious, reflecting uncertainty about the outcome of the US election.

Markets brace for US election showdown

Uncertainty about the outcome of the hotly-contested US presidential election saw financial markets begin the week on a cautious note.

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Peter King, the outgoing chief executive officer of Westpac, says the cost-of-living crisis may have peaked.

Big four bank says cost-of-living crisis could have peaked

An outgoing boss from one of the big four banks says the cost-of-living crisis may have passed its worst point.

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