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S&P/ASX 200 in the green led by health stocks; NZ suspends travel bubble Beijing is considering harsh penalties on ride-hailing giant Didi. The penalty could likely be bigger than the record US$2.8 billion Alibaba paid earlier this year. Gold inched higher to US$1,804.45 per ounce on Thursday as US bond yields pulled back to offset a firmer US dollar. S&P/ASX 200 (INDEXASX:XJO) gained 0.11% to 7,395 by about 12.45 pm following a third consecutive session of gains on Wall Street overnight. CSL rose 1.4% to $293.35 and leading health stocks higher while ResMed set a new high of $35....
S&P/ASX 200 dips as Victoria’s lockdown gets extended OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022 as oil prices hit their highest levels in more than two years. Zoom announced on Sunday that its buying Five9, a provider of cloud contact centre software, in an all-stock deal valuing Five9 at US$14.7 billion. S&P/ASX 200 (INDEXASX:XJO) was trading 0.82% lower at 7288 points by about 12.50 pm as Victoria’s lockdown was extended as the state grapples with the Delta variant of COVID-19. Premier Danie...
S&P/ASX 200 gains 0.63%; Telstra sells towers business for $2.8 billion Brent crude futures gained 0.5% to US$75.05 a barrel as hopes for a demand recovery persisted despite new outbreaks of the highly contagious Delta variant of the coronavirus. Gold slipped 0.93% to US$1,761.66 per ounce on Tuesday, its lowest level since mid-April as the dollar strengthened in the run-up to this week’s US jobs report. S&P/ASX 200 (INDEXASX:XJO) has gained 0.63% to 7,347 by about 1 pm after the Nasdaq and S&P 500 hit record highs on Wall Street overnight. The local index is on track to advance...