Commonwealth Bank of Australia

Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis Bank for an estimated Rs 12,325 crore.…

The ASX eased slightly, but news double vaccinated travellers will be allowed into Australia on February 21 sent the sector soaring.The Australian sharemarket finished barely changed, with travel stocks surging after new border rules were…

The ASX surprised on the upside despite heavy losses on US markets overnight, with the highest oil prices in eight years boosting energy stocks.The Australian sharemarket shrugged off a Wall Street bloodbath to post decent gains, with…

The tech sector dragged the ASX lower after Facebook’s owner delivered a disappointing result after Wall Street closed, but Nufarm was a stellar performer locally.The Australian sharemarket slid lower after the tech sector was hammered by…

The ASX rose for the second straight day, with the resources sector the big winners, including one stock that rocketed almost 40 per cent.The Australian sharemarket rose for the second straight day, with the resources sector driving the…

The central bank sent the ASX higher after not budging from its historic low cash rate, while a $3bn cash splash on shareholders buoyed Boral.The Australian sharemarket climbed higher after the Reserve Bank of Australia kept the cash rate…

Residential property prices have had their biggest annual growth in decades, with the median value in three cities now surging past $1m.Australian residential property prices continue to surge, recording the highest annual rate of growth…

The ASX closed barely changed on the final trading day of the month, but officially notched up its worst start to the calendar year in 14 years.The Australian sharemarket closed barely changed despite a positive lead from Wall Street, with…

The ASX jumped sharply after plunging to a 10-month low in the prior session, the first day in the green all week.Volatility continued to reign on the Australian sharemarket, which jumped sharply after plunging to a 10-month low in the…

The ASX tumbled firmly into the red but energy stocks were winners as the prospect of armed conflict between Russia and Ukraine fuelled supply concerns.The Australian sharemarket sank to its lowest levels in 10 months, with most sectors in…