Finance News Network

News by Paul Sanger

$25 billion loss as war, inflation, rate hikes hit markets: Aus shares close 1.8 per cent lower

12 May 2022 - $25 billion loss as war, inflation, rate hikes hit markets. The S&P/ASX 200 fell 1.8 per cent to 6,941 points on Thursday, the lowest closing level since late January…

Worrying three-week spiral: Aus shares 0.7 per cent lower at noon

12 May 2022 - Wednesday’s reprieve appears to have been fleeting for ASX investors, with the local sharemarket resuming a worrying three-week spiral. The benchmark ASX 200 fell by …

CBA announces $2.3b March quarter profit while warning of margin pressure

12 May 2022 - The Commonwealth Bank generated $2.3 billion in net profit after tax in the March quarter despite income easing 1 per cent. This reflected “continued margin pressure”…

Crypto-linked ETFs to start trading

12 May 2022 - Cryptocurrency-linked exchange-traded funds ETFS 21Shares Bitcoin ETF (EBTC) and ETFS 21Shares Ethereum ETF (EETH) will start trading on the Cboe Australia exchange p…