Finance

Finance · 8 October 2026

Bond Yields Skyrocket, ASX Slides, Oil Prices Rebound: Wall Street Takes a Breather

Vera Chen, Sydney desk

As bond yields climb and oil prices bounce back, the Australian share market is poised to retreat, prompting a cautious retreat from Wall Street and a chorus of market participants scrambling to adjust their portfolios.

Finance · 7 October 2026

Buoyant Markets, Heavy Profit Load: Economy Feels the Squeeze

Noor Hale, World desk

Energy and technology earnings are propelling stock indexes higher, yet the surge in corporate profits is putting pressure on the broader economy.

Finance · 7 October 2026

Brent Tops $101, French Borrowing Costs Jump as IMF Flags Energy Shock, Debt and AI Risks

Iris Quay, London desk

Brent crude rose above $101 a barrel as French government borrowing costs surged, wiping out Tuesday’s dip. The IMF’s Kristalina Georgieva warned that an energy shock, rising public debt and a rapid AI expansion co…

Finance · 7 October 2026

S&P 500 tops 7,800 as Nasdaq hits record, AI chip rally fuels gains

Iris Quay, London desk

The S&P 500 closed above 7,800 for the first time, with the Nasdaq also reaching a record high. A rally in AI chipmakers and a dip in U.S. Treasury yields drove the market higher, even as investors remain cautious about…

Finance · 7 October 2026

Wall Street Winks: Two Tech Stars Keep the Market on a Tightrope While War, Bonds and Oil Rage

Vera Chen, Sydney desk

Despite geopolitical tension, a bond rout and stubbornly high oil prices, the U.S. share market is still climbing, but the lift comes from just two tech giants. The rally is narrow, not a broad‑based bull run, and the…

Finance · 7 October 2026

S&P 500 Hits Record High as Rising Rates and Higher Oil Prices Fuel Rally

Helen Pell, Washington desk

The S&P 500 rose 0.6% on Tuesday, surpassing its August peak and taking year‑to‑date gains above 14%, amid higher interest rates and elevated oil prices.

Finance · 7 October 2026

Can‑Am Spyder Caught in Trump‑Canada Tariff Tango

Noor Hale, World desk

The popular Can‑Am Spyder has become an unexpected casualty of the Trump‑Canada tariff dispute. U.S. duties on Canadian‑origin parts have pushed prices up and left American fans navigating new paperwork, proving ev…

Finance · 6 October 2026

Euro Slides 1.2% as Informa Seals £2.2bn Clarion Deal – City Juggles Currency and Consolidation

Iris Quay, London desk

The euro fell another 1.2% after France’s central bank chief warned the country could be “strangled by interest rates”. At the same time, Informa completed a £2.2 billion acquisition of US events organiser Clari…

Finance · 6 October 2026

Consumer Confidence Plummets as RBA Rate Hike Sends Aussie Wallets into Hiding

Vera Chen, Sydney desk

Australian consumer confidence fell about 20%, the steepest slide since the early‑1990s, after the Reserve Bank lifted rates to their highest level since 2011. Households and market participants alike are bracing for t…