Skip to main content

European Union

Online retailer Booktopia collapses, ASX follows Wall Street's lead to finish higher — as it happened

Australia's largest online bookstore, Booktopia, has collapsed and been placed into voluntary administration. Meanwhile, Australian stocks ended higher on Wednesday after a rally on Wall Street overnight.
Updated
A woman in a fluro vest stands on a ladder stacking books on shelves.

ASX closes down 0.2% after clawing back heavy early losses — as it happened

The ASX 200 closed down 0.2 per cent after battling back from a sharp fall on opening.  Look back at how the day unfolded on our live markets blog.
Updated
A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

ASX lower after release of hot inflation data sparking fears of another rate hike — as it happened

The Australian share market falls despite Wall Street finishing higher. Look back on our blog to see how today's events unfolded.
Updated
Two women look at a share price board outside the ASX in Sydney.

A billionaire tax would raise $380 billion a year and make our tax systems fairer, report says

A global minimum tax on billionaires would help to fix the problems of our broken income tax systems, a new report says.
Updated
A man in a suit jacket gestures while speaking.

ASX drops 0.8 per cent, Myer and Premier Investments plot a big deal and supermarket reforms unveiled — as it happened

The ASX fell across the day, ending 0.8 per cent down, while in retail news, Myer and Premier Investments are mulling over a big deal and the federal government unveiled its mandatory Food and Grocery Code of Conduct that aims to protect suppliers from supermarkets' buying power. Look back at how the trading day unfolded on our live markets blog.
Updated
Myer in The Myer Centre in Brisbane CBD, people walking past

How much is Brexit to blame for the UK's years of political uncertainty and chaos?

David Cameron took a colossal gamble on Brexit and lost. What followed was years of political chaos and division. With a general election approaching next month, did Brexit break Britain?
Close up of paper EU flag burning on pavement.

ASX shares fall a day after interest rates decision, Nvidia overtakes Microsoft on value — as it happened

Australian stocks traded lower the day after the Reserve Bank kept interest rates on hold at a 12-year high. Catch up on the latest updates in our live blog.
Updated
A man looks at a share price board outside the ASX in Sydney.

As it happened: ASX slips on Chinese economic news, dollar steady ahead of RBA decision, former AFL boss Gillon McLachlan to run Tabcorp

The ASX was in the doldrums again, down 0.3% as China data disappoints and the Wall Street rally stalled. Look back on the day's financial and business news as it happened with our blog. 
Updated
A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

Biden and Zelenskyy sign 'historic' deal to aid Ukraine's military

US President Joe Biden and Ukrainian President Volodymyr Zelenskyy signed the 10-year deal in a spate of G7 actions intended to deter Russian President Vladimir Putin. 
Ukrainian President Volodymyr Zelenskyy shake hands with US President Joe Biden.

European crime ring collapses after police arrest 40 and seize 8,000 kilograms of cocaine

A crime ring smuggling drugs into Europe has collapsed after a three-year investigation with 40 arrests made.
Close up of a police officers hands in blue gloves holding a wad of cash.

ASX snaps two-day losing streak after technology stocks rally, unemployment rate falls to 4 per cent — as it happened

The Australian share market has rebounded from a two-day losing streak after a rally in technology and healthcare stocks, while the nation's unemployment rate fell slightly in May to 4 per cent.
Updated
Two women look at a share price board outside the ASX in Sydney.

ASX slides as investors await US Fed rates decision, private equity lobs $1.8b offer for Autobarn — as it happened

The ASX200 lost 1.3pc as investors waited for US Fed rates decision, and private equity lobbed a $1.8 billion offer for Autobarn. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog. 
Updated
Two women look at a share price board outside the ASX in Sydney.

What is the far right? Why nationalist parties are on the rise in Europe

Radical-right political parties have made significant gains in the European Parliament elections, as nationalist and populist groups continue to gain dominance in national settings across EU capitals.
Updated
A group of protestsers in front of Germany's parliament at a demonstration against the far-right Alternative for Germany.

Macron calls snap French election after far-right gains in EU

The French President labelled the rise of nationalism a danger to Europe, gambling on an early vote to re-establish his waning authority.
ABC News Current
Duration: 2 minutes 2 seconds

Emmanuel Macron calls snap French election after far-right party makes gains

French President Emmanuel Macron calls for new parliamentary elections after his camp heavily lost to the far-right National Rally party in the country's EU election.
Updated
Emmanuel Macron attends a campaign rally.

Michael Mosley, TV doctor who popularised intermittent fasting, missing on Greek island

British TV doctor Michael Mosley has been reported missing after going on a coastal walk alone on the Greek island of Symi. 
Updated
A man wearing a blue cap, polo shirt, cargo shorts and sunglasses opens his backpack on a beach

EU elections to see rise in far-right parties

Former adviser to the French government Natanael Bloch says concerns over immigration are favouring far-right parties.
Far Right Surging, European Union: President of European Commission speaking with EU flag behind her.
Duration: 5 minutes 50 seconds

As it happened: Award and minimum wages to rise 3.75%, ASX gains 0.8%

Basic award and minimum wage rates will rise by 3.75%, starting July 1, while the ASX has opened the week up 0.8% following a strong lead from Wall Street. Look back on the day's events and insights from our business reporters on the ABC News live markets blog. 
Updated
A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

analysis:As global temperatures rise, are liberal democracies on trial?

Some economists say decades of poorly managed globalisation, overconfidence in the self-regulation of markets, and austerity, have hollowed out governments' ability to respond to crises effectively, and that needs to change.
The sun sets over the chimneys of an oil refinery

Sportsbet agrees to do more to prevent money laundering, ASX erases its gains for the month — as it happened

Sportsbet agrees to "enforceable undertaking" to improve anti-money laundering regime. The ASX loses more ground as investors digest yesterday's "hot" inflation result. As it happened.
Updated
Two women look at a share price board outside the ASX in Sydney.

As it happened: ASX up 0.8pc, just shy of a record close

The ASX gained steadily across the day, closing 0.8% higher, just shy of a record close. Look back on the day's financial news and insights from our specialist business reporters as it happened on our blog.
Updated
A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

ASX down for week on global higher-for-longer rate fears, Nvidia surges by $US218b — as it happened

The ASX followed US markets lower on Friday as worries about higher interest rates for longer outweighed continued AI optimism in the tech sector. 
Updated
The exterior of the Nvidia HQ in Santa Clara.

ANZ hit with online banking outage, ASX slips as Telstra confirms job cuts, Nasdaq and gold hit record highs — as it happened

The Australian share market has ended slightly lower after Telstra revealed plans to sack 2,800 workers, while US tech stocks drove the Nasdaq to a record high and rate cut optimism pushed gold and copper prices to their highest levels ever.
Updated
ANZ

Star Entertainment surges on takeover speculation, ASX up 0.6pc — as it happened

Star Entertainment surged on Hard Rock takeover interest as ASX enjoyed solid miner-led gains. Look back on our blog to see how today's events unfolded.
Updated
A stock trader looks down at a tablet as he works on the floor of a busy stock exchange while surrounded by screens.

The EU says Instagram and Facebook may be too addictive for children in probe, here's what we know

The EU has outlined their main concerns as the algorithms stimulating behavioural addictions in children creating the "rabbit-hole effect", and Meta's age assurance and verification methods. 
A close up of a girl's hands looking on a phone.