ASX
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ASE Technology Holding Co
$21.52
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ASX News30 articles
NAB Shares Drop as Oil Surge Fuels RBA Rate Hike Expectations
National Australia Bank shares declined 2% on Thursday, mirroring a broader market selloff triggered by oil prices surpassing $100 a barrel. The move intensified investor speculation that the Reserve Bank of Australia could implement a rate hike as soon as next week.
ASX 200 Plunges on Oil Spike, RBA Rate Hike Bets Surge
The S&P/ASX 200 dropped 1.3% to 8,629.00 as surging oil prices above $100 a barrel fueled expectations of another Reserve Bank rate hike. Market pricing now implies a 75% probability of an increase next week.
LSEG to Modernize ASX 24 Derivatives Platform in Major Tech Overhaul
London Stock Exchange Group has secured a deal to provide a new high-performance trading platform for ASX 24, Australia's primary derivatives market. The upgrade aims to address recent outages and modernize aging infrastructure, with completion expected by 2028.
AMD Assures Sufficient CoWoS Supply for AI Chip Ramp, Shares Gain
AMD CEO Lisa Su stated the company has secured enough CoWoS advanced packaging capacity to support high-volume shipments of rack-scale AI systems in the second half of 2026, coinciding with its MI450 chip ramp. Shares climbed 3.1% to $196.91.
Pro Medicus Rebounds After Steep Sell-Off Amid Broader Market Jitters
Pro Medicus shares rose 1.7% on Wednesday, partially recovering from a sharp 8.77% decline the prior session. The broader ASX 200 index fell 1.9% amid geopolitical tensions and interest rate concerns.
Woolworths Shares Hold Near Peak Ahead of Dividend Cut-Off Amid Rate Jitters
Woolworths shares closed at A$36.90, near the top of its yearly range, before trading ex-dividend for a A$0.45 interim payout. The ASX 200 fell 1.34% amid rate and oil worries.
Westpac Steady at A$41.80 Amid RBA Rate Hike Jitters and GDP Wait
Westpac Banking Corporation shares closed unchanged at A$41.80 following a volatile session for Australian banks. The market steadied after Reserve Bank Governor Michele Bullock signaled a potential interest rate increase at the March meeting.
CBA Defies ASX Downturn Amid Renewed RBA Rate Speculation
Commonwealth Bank shares gained ground Tuesday, contrasting with a broader market decline, as traders evaluated shifting interest rate expectations and energy price pressures.
Xero Shares Drop Amid Tech Sell-Off, AI Rollout Fails to Lift Sentiment
Xero shares declined 3.7% on Friday, underperforming a weak ASX technology sector. The sell-off occurred even as the company announced AI-powered automation tools for UK customers ahead of tax digitization deadlines.
Wesfarmers Shares Slide Despite Profit Beat as Consumer Spending Concerns Mount
Wesfarmers shares tumbled over 5% despite reporting a half-year profit beat, as management flagged patchy consumer spending and upcoming price investments, overshadowing solid financial results.
Computershare Shares Retreat on Ex-Dividend Date as Rate Outlook Lingers
Computershare shares declined 3.47% on their ex-dividend date, partially reversing the prior session's gain. Investor focus remains on the interest rate outlook following the latest RBA commentary.
SEEK Shares Slide on China Write-Down, Employment Hero Exit Plan
SEEK Ltd shares declined following a statutory loss driven by a significant write-down on its Zhaopin investment. The company tightened its full-year guidance and announced a record interim dividend.
ANZ Soars on Strong Q1 Profit, Cost Discipline Fuels Market Rally
ANZ shares surged 6.7% after reporting a $1.94 billion quarterly cash profit, driven by an 8% drop in expenses. The results helped lift the broader ASX 200 index.
ASX 200 Ends Flat Amid AI Jitters; CSL Tumbles on CEO Exit
The S&P/ASX 200 closed virtually unchanged, dipping 2.7 points to 8,867.40. Insurance brokers slumped on AI competition fears, while CSL fell 5% after its CEO announced retirement.
ASE Technology Surges on $7B AI Packaging Bet, Eyes Margin Growth
ASE Technology shares rallied 7.2% after announcing a record $7 billion capital expenditure plan for 2026, targeting robust AI packaging demand. Management forecasts a sequential revenue dip in Q1 but sees improving profitability.
Stock Futures Retreat as Iran Ceasefire Hopes Dim, Fueling Inflation Fears
U.S. stock futures declined early Thursday, reversing a prior rally as hopes for U.S.-Iran talks faded, sending oil prices higher and reigniting inflation concerns.
Robinhood Announces $1.5 Billion Share Repurchase, Stock Jumps
Robinhood Markets has approved a new $1.5 billion stock repurchase authorization, sending its shares higher in early trading. The move comes as the company seeks to stabilize its stock price after a period of volatility.
Venture Global Shares Retreat as Geopolitical Ease Tempers LNG Optimism
Venture Global shares declined as hopes for a Middle East ceasefire softened energy prices. The company's significant exposure to spot LNG markets amplifies its stock's volatility amid shifting supply dynamics.
Airline Stocks Rally as Oil Price Dip Eases Fuel Cost Pressure
Airline stocks advanced Wednesday as declining oil prices alleviated fuel cost pressures. American Airlines gained 3.6%, with United and Delta also rising.
Gold Surges on Ceasefire Hopes, Rate Outlook Shift
Spot gold climbed 2.4% to $4,582.18 an ounce Wednesday, fueled by a sharp drop in oil prices on hopes for U.S.-Iran diplomatic talks. The rally eased pressure from inflation concerns, pushing down expectations for a Federal Reserve rate hike.
Markets Rally on Ceasefire Hopes; Cotton, Oil Surge
Global markets reacted to shifting Middle East dynamics, with Indian indices soaring over 900 points on ceasefire hopes and lower oil prices. Commodity markets saw cotton futures and crude oil advance.
Lloyds Leads UK Bank Rally as Geopolitical Tensions Ease
Lloyds Banking Group shares advanced over 2% on Monday, outpacing a declining FTSE 100, as a sharp drop in oil prices and a retreat in UK gilt yields provided relief for domestic lenders. Other major UK banks followed suit higher.
BP Shares Slide as Crude Plunge Erases Refinery Sale Gains
BP shares declined 4.2% in London trading after Brent crude prices fell 10.9% to $99.94 per barrel. The drop offset recent gains driven by the company's refinery sale and cost-cutting initiatives.
Bitcoin Rebounds Above $70K as Geopolitical Tensions Ease
Bitcoin recovered to nearly $71,000 following a temporary de-escalation in Middle East tensions, with institutional flows showing continued but cooling demand.
Stocks Surge as Geopolitical Tensions Ease, Oil Plummets
U.S. equities soared on Monday, with the Dow Jones Industrial Average jumping 888 points after President Trump postponed planned strikes against Iran. Crude oil prices collapsed over 8%, easing inflation concerns.
Gold Recovers From Multi-Month Low as Geopolitical Tensions Ease
Bullion staged a partial recovery Monday after hitting its lowest level in four months, as delayed U.S. military action against Iran tempered a steep selloff. Spot gold settled 0.4% lower at $4,470.36 an ounce.
Airlines Soar as Geopolitical Tensions Ease, Fueling Sector-Wide Rally
Airline stocks rallied sharply Monday after a drop in oil prices, triggered by a geopolitical de-escalation, provided relief from soaring jet fuel expenses. American Airlines led gains with a 3.6% climb.
Nasdaq Jumps as Oil Plunge Eases Rate Fears; Merlin Rises on Index Inclusion
The Nasdaq Composite rallied sharply Monday, climbing 1.77% to 22,033.90, as a steep drop in crude oil prices alleviated some investor anxiety about prolonged high interest rates. Newly public Merlin Inc. advanced following its addition to the Nasdaq Composite index.
Oil Prices Defy U.S. Release, Hit Multi-Year Highs Amid Supply Crisis
Global oil benchmarks surged to multi-year highs as supply disruptions in the Middle East overwhelmed a U.S. move to release stranded Iranian crude. Brent settled at $112.19 a barrel, its highest since July 2022.
SoFi Stock Holds Steady Amid Accounting Dispute and CEO Purchase
SoFi Technologies shares were steady Friday, balancing CEO Anthony Noto's share purchase against a short seller's accounting allegations and a neutral Wells Fargo rating. The company reported strong Q4 results.