ASX closes higher as BHP rebounds, tech stocks rise; CBA, Macquarie Bank fall

When bonuses are tied to profits, company leaders make short-term decisions that benefit themselves.

Data from the Commonwealth Bank of Australia attributed the small increase in the number of people struggling to inflation and rising interest rates.

Perth AI developer Capability X is heading to the ASX with $12 million in the bank and multiple devices deployed, using technology to target industrial safety and automation.

What can governments do about cost of living? Nothing that is quick or painless.

Ben Nothling, a sixth-generation descendant of the Welsh entrepreneur David Jones, owns a shoe business. He’s owed $130,000 by the collapsed retailer.

At the heart of the controversy surrounding one of the world’s biggest companies is a former television journalist suspected of spying for the Chinese government.

China is again in the midst of a sharemarket rout. The blame game has already begun.

The Australian sharemarket had a strong session after US President Donald Trump said the Iran war “is effectively over”, boosting hopes for an end to the conflict that has driven up global energy costs.

Auric Mining has struck a deal for the Iron Maiden gold project near Norseman, adding a historical 68,500-ounce resource and potential future feed for its Burbanks mill.

Lindian Resources has secured an annual 30,000-tonne binding offtake for monazite concentrate from its Kangankunde rare earths project with a major global refiner.

A leading union said it was told by Qantas earlier in the year there was “no plan” to offshore any jobs. Qantas vigorously denies the claim.

Jensen Huang’s liaison with an alleged Chinese spy could cost Nvidia billions, set America’s AI sector back in its arms race with China, and embroil the US president.