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The Latest Breaking News from ASX

ASX closes higher as AMP reports loss, NAB margins down, AGL to close power stations early

Australian shares close higher as NAB, AGL and AMP report their earnings results. It follows a positive day on Wall Street where tech stocks dominated.

Australia's biggest firms set to reveal the costs of COVID-19 as ASX reporting season picks up steam

Australia's biggest firms set to reveal the costs of COVID-19 as ASX reporting season picks up steam

Investors will be flooded with updates from the nation's largest companies in the next few weeks — about how much they're earning, along with the impact of staff shortages and higher inflation on their profit margins.

4 Undervalued Chip Stocks to Grab in the Sell-Off

4 Undervalued Chip Stocks to Grab in the Sell-Off

Stock futures have tumbled after a four-day equity market rally that followed the January sell-off. Nevertheless, the semiconductor industry has been propelled to new heights over the last year and is expected to continue growing, driven by strong demand. So, semiconductor chip stocks ASE Technology (ASX), Diodes (DIOD), Himax (HIMX),…

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Ranger uranium mine rehabilitation costs could blow out to $2.2 billion, Energy Resources tells ASX

The rehabilitation of a decommissioned uranium mine in Kakadu National Park could cost up to $1.2 billion more than expected and take two years longer than initially planned.

‘Correction territory’: The ASX has erased all its COVID gains. How far will it fall?

Experts say the ASX has entered a correction phase after it erased all of the gains of the past two years. But how long will it last?

2023 Mitsubishi ASX Teased As Small Crossover Built By Renault

It's going to be based on the Captur and offer hybrid power.

4 Top-Rated Tech Stocks Under $10 to Add to Your Watchlist

The technology industry had a great run last year due to the accelerated reliance on cloud-based solutions and continued digital transformation. Although tech stocks have come under pressure this year with investors’ concerns over the Fed’s tightening of monetary policy, low-priced tech stocks Nokia (NOK), ASE Technology (ASX), LG Display…

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ASX listing for virus-killing nasal spray

ASX listing for virus-killing nasal spray

An Australian pharma company that's developing a nasal spray to fight colds, is set to list on the stock exchange on Friday.

2 Buy-Rated Semiconductor Under $10 Stocks to Buy in January

2 Buy-Rated Semiconductor Under $10 Stocks to Buy in January

Increasing use of consumer electronics and the efforts of EV makers to unmute their production process has been driving up the demand for semiconductor chips. So, it could be wise to scoop up the shares of ASE Technology (ASX) and O2Micro (OIIM) that are currently trading at affordable prices.

GMO's Jeremy Grantham warns 'super bubble' is bursting as Wall St, ASX fall again

GMO's Jeremy Grantham warns 'super bubble' is bursting as Wall St, ASX fall again

Prominent investor Jeremy Grantham warns US stock markets are in a "super bubble" that is set to crash, while Wall Street gave up strong early gains to finish in the red again overnight, with the ASX following.

ASX rallies as resources stocks boosted by China rate cut and higher commodity prices

ASX rallies as resources stocks boosted by China rate cut and higher commodity prices

The ASX pared its losses after miners and energy stocks rose after China cut interest rates again and the unemployment rate fell. The Nasdaq Composite index falls 10 per cent from its peak.

ASX and US stocks fall as bond yields rise amid expected interest rate hikes

ASX and US stocks fall as bond yields rise amid expected interest rate hikes

The Australian share market and US stocks have been sold off sharply as traders prepare for the US Federal Reserve to raise interest rates to combat inflation.

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