US stocks have opened higher, with last week's tech rally starting off the short Christmas week on a strong footing.
Staff Writers
The Australian sharemarket has surged in a broadbased rally, as the traditional Santa Claus effect finally kicks in across all sectors.
Cameron Micallef
Premier Investment shares are higher on Monday after the Solomon Lew-chaired retailer revealed it had extended the contract of interim boss John Bryce’s contract.
Cheyanne Enciso
Gold producers have led a rally in mining stocks as gold, silver, copper and the materials sector itself traded at their highest values.
Adrian Black
The companies behind two of the biggest brands in consumer media passed the final investor hurdle for their $385 million merger on Monday.
Aaron Patrick
For the week, the S&P gained 0.11 per cent and the Nasdaq rose 0.48 per cent. Meanwhile, the Dow fell 0.67 per cent.
Abigail Summerville and Sruthi Shankar
The Australian dollar has surged to a 14-month high as the money markets make a huge call on interest rates.
WA gold stocks have dominated the share market’s best performers in 2025, delivering outsized gains off the back of bullion’s golden year.
Sean Smith
The Australian sharemarket has surged despite ending a three-week winning streak, with markets now waiting for the so-called “Santa Claus rally” to kick in.
ANZ’s fine was increased to $250 million by the Federal Court of Australia after an additional $10 million was added to earlier regulatory penalties.
Australian shares have showed no signs of a Santa rally despite gaining in Friday trade but losing for the week as energy stocks plunged.
Macquarie Group’s Australian securities business admitted to misleading conduct in misreporting millions of short sales over several years and agreed to pay a $35 million fine.
Adam Haigh
Australian shares have staged an unlikely comeback from three days of losses with a late rally in technology stocks.
The three major indexes have rebounded from three-week lows, and the Russell 2000 index, tracking rate-sensitive smallcaps, also advanced 0.8 per cent.
Abigail Summerville and Johann M Cherian
A third of ANZ shareholders have voted against its remuneration report, making it the first Big Four bank since Westpac in 2019 to suffer a second strike. New CEO Nuno Matos is forgoing short-term bonuses.
Stephen Johnson
Shares in Europe and US futures have risen, suggesting there might be some respite after a market wash-out over worries about record AI spending.
Stella Qiu and Amanda Cooper
ANZ chairman Paul O’Sullivan says the bank’s board maintains the option to reduce bonuses further for executives amid growing discontent over accountability for past failings.
Shares in Boss Energy have tanked more than 25 per cent after the most shorted company on the ASX conceded its Honeymoon uranium mine is not as good as originally spruiked.
Adrian Rauso
The local bourse has ended the session roughly flat as it closes in on 2025's last full week of trading, weighed down by heavy energy and utilities stocks.
Woodside Energy chief executive Meg O’Neill has quit Australia’s biggest oil and gas group to lead global giant BP.
Bullion analysts are predicting the price of gold will continue to increase in 2026.
Polina Devitt
US stocks have closed slightly lower as investors digested comments from a Federal Reserve governor about the central bank still having room to cut rates.
Cboe Global Markets’ Australian unit is receiving strong demand for its listings market and signalled more initial public offerings from miners, even after its parent company initiated a sales process.
Carmeli Argana and Amy Bainbridge
