ASX set to slump as bond market pressure rattles Wall Street; Oil prices jump

The Sydney Morning Herald - Sep 23, 2026

Pressure from the US bond market hit a new level on Wall Street after a surprisingly strong report on the economy raised worries about inflation, while oil prices halted their slide.

Read full article

More News

Critica product samples put WA Jupiter rare earths in offtake orbit
Sep 23, 2026
Critica product samples put WA Jupiter rare earths in offtake orbit

Critica Ltd has produced a high-purity 98.2 per cent total rare earth oxide sample and a high-grade iron by-product from its Jupiter project in WA, ahead of product offtake discussions.

Critical Resources surges on first-mover Suriname gold grab
Sep 23, 2026
Critical Resources surges on first-mover Suriname gold grab

Critical Resources has surged after making a first-mover play in Suriname, securing rights to acquire a 90% interest in the 164-square-kilometre Gonini gold project.

Aurum lands $52.5M war chest to fast-track West African gold build
Sep 23, 2026
Aurum lands $52.5M war chest to fast-track West African gold build

Aurum Resources has banked $52.5M to fast-track its 3.22Moz Boundiali gold project in Côte d’Ivoire, with funds earmarked for early development works and aggressive drilling.

Qantas announces when Sydney-New York non-stop flights will start
Sep 23, 2026
Qantas announces when Sydney-New York non-stop flights will start

Qantas says the direct flight will begin in mid-2028 and will shave three hours off the typical journey from Sydney to New York.

New precision medicine venture gives Syngenis added firepower
Sep 23, 2026
New precision medicine venture gives Syngenis added firepower

Syngenis has joined Perron Institute and Gene S founders in a new precision-medicine venture that puts its integrated DNA and RNA biotech platform to work.

‘Crack pipe and two meth bags’: Coles worker fails to regain job after alleged drug use
Sep 22, 2026
‘Crack pipe and two meth bags’: Coles worker fails to regain job after alleged drug use

A manager at Coles has failed to prove her resignation was made “in the heat of the moment” after she was accused of stealing and drug use while on the job.

Four Corners’ failures ‘undermined trust’ in the ABC, watchdog finds
Sep 22, 2026
Four Corners’ failures ‘undermined trust’ in the ABC, watchdog finds

The report examined issues surrounding two broadcasts led by sacked reporter Mahmood Fazal that the ABC pulled this year.

Jetstar staff to stop charging baggage and seat fees in union protest
Sep 22, 2026
Jetstar staff to stop charging baggage and seat fees in union protest

Weeks after Jetstar unveiled a new overhead baggage fee, the Australian Services Union said its members will waive a range of fees as they push for higher pay.

Tech stocks lead ASX higher after Wall Street surge; oil snaps losing run
Sep 22, 2026
Tech stocks lead ASX higher after Wall Street surge; oil snaps losing run

The Australian sharemarket advanced on Tuesday, led by tech stocks after an AI-fuelled rally on Wall Street, even as oil prices ended their four-day drop during the session.

Have the Murdochs lost faith in Donald Trump?
Sep 22, 2026
Have the Murdochs lost faith in Donald Trump?

Donald Trump owes his dominance of American politics to Rupert Murdoch’s Fox News. But this week, the media empire deserted the president.

Platina banks final $2M Rio cheque for WA gold push
Sep 22, 2026
Platina banks final $2M Rio cheque for WA gold push

Platina Resources has banked the final US$2m from its Owendale scandium sale to Rio Tinto, completing a US$14m payday to add more financial firepower to its expanding WA gold hunt.

Pain at the pump: Saudi oil shock sends Australian fuel prices surging
Sep 22, 2026
Pain at the pump: Saudi oil shock sends Australian fuel prices surging

Petrol and diesel prices have returned to their highest levels in nearly six months and risk climbing further after attacks on another key oil route.