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Investors got a shock when they heard they were backing Trump’s new venture
Analysis
Wall Street

Investors got a shock when they heard they were backing Trump’s new venture

The former president has managed to sidestep his tarnished corporate reputation and gain access to hundreds of millions of dollars to launch his new company, much to the surprise of some of the investors.

  • by David Enrich, Matthew Goldstein and Shane Goldmacher

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As it happened: ASX ahead for third week, RBA bond market intervention

As it happened: ASX ahead for third week, RBA bond market intervention

The RBA was forced to defend its bond-yield target Friday as markets challenge its forecast that interest rates will remain ultra-low until 2024.

  • by Emma Koehn and Colin Kruger
ASX set to edge higher as Wall Street grinds to record high

ASX set to edge higher as Wall Street grinds to record high

Wall Street indexes are hovering near record highs with earnings reports and high inflation at the forefront for investors.

  • by Damian Troise
Celebrity crypto endorsers like Kim Kardashian spark concern for unwary investors

Celebrity crypto endorsers like Kim Kardashian spark concern for unwary investors

Cryptocurrency experts have warned that mainstream investors will get burned if celebrity crypto endorsers don’t educate themselves.

  • by Sarah Wynn
As it happened: ASX edges higher despite energy drag

As it happened: ASX edges higher despite energy drag

The ASX200 wobbled all day before finishing just 1.7 points higher at 7415.4 with energy and consumer stocks weighing on the bourse.

  • by Emma Koehn and Colin Kruger
Bitcoin surges to record high on crypto’s ‘watershed moment’

Bitcoin surges to record high on crypto’s ‘watershed moment’

Bitcoin jumped over $US66,000 for the first time as optimism surged for greater mainstream acceptance in the wake of the successful launch of the first exchange-traded fund for US investors.

  • by Vildana Hajric and Joanna Ossinger
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ASX set for gains as Wall Street eyes fresh high; bitcoin surges to record

ASX set for gains as Wall Street eyes fresh high; bitcoin surges to record

The S&P 500 is within range of an all-time high while the bitcoin price hit $US66,000 for the first time.

  • by Damian Troise
As it happened: ASX closes at 4 week high, Kogan rebounds

As it happened: ASX closes at 4 week high, Kogan rebounds

The S&P/ASX200 closed 0.5% higher, up 38.8 points to 7413.7 with tech stocks and banks leading the bourse higher.

  • by Lucy Battersby and Colin Kruger
ASX set to jump as Wall Street extends winning streak; $A rises

ASX set to jump as Wall Street extends winning streak; $A rises

ASX eyes a bright start as better-than-expected earnings reports continue to boost Wall Street sentiment.

  • by Shreyashi Sanyal
As it happened: ASX closes 0.1% lower as large miners drag

As it happened: ASX closes 0.1% lower as large miners drag

The S&P/ASX200 closed slightly lower on Tuesday, down 6.2 points, at 7374.9 points.

  • by Lucy Battersby and Colin Kruger
The ‘risk-free’ crypto trade is back in a big way

The ‘risk-free’ crypto trade is back in a big way

The closest thing to a safe bet has re-emerged in the cryptocurrency market as traders – awaiting the launch of the first bitcoin exchange-traded fund – bid up the price of futures. 

  • by Vildana Hajric and Katie Greifeld