ASX set to jump as Wall Street rallies; Nvidia tumbles amid ‘Chinese spy’ probe; Oil falls

The Sydney Morning Herald - Nov 9, 2026

The stock market is rallying and recovering more of its big loss from last week as oil prices swing lower. The strength came even though Nvidia, one of Wall Street’s most influential stocks, sank.

Read full article

More News

ANZ profit surges to $7.6b despite late home loan repayments rising
Nov 9, 2026

ANZ profit surges to $7.6b despite late home loan repayments rising

ANZ’s bottom line benefited from cost-cutting while its asset quality remained relatively stable.

David Jones is restocking shelves ahead of Black Friday as buyers circle
Nov 8, 2026

David Jones is restocking shelves ahead of Black Friday as buyers circle

Last week’s news that the 188-year-old retailer had tipped into administration drove a “record” levels of shoppers to David Jones stores.

Why younger home buyers risk being locked in mortgage prison
Nov 8, 2026

Why younger home buyers risk being locked in mortgage prison

There’s a generational gap between those who can switch banks to get a better home-loan deal, and those who cannot.

The ‘immediate warning sign’ to protect your super
Nov 8, 2026

The ‘immediate warning sign’ to protect your super

The financial regulator has put firms on notice after it found some were using unlicensed marketers trying to convince customers to switch or review their super.

‘Heist’ merchants or white knights? The private equity firm that owned David Jones
Nov 8, 2026

‘Heist’ merchants or white knights? The private equity firm that owned David Jones

Anchorage Capital Partners has owned more than 20 companies, with none more controversial than its tenure at Dick Smith Electronics.

Crypto’s Trump-fuelled Washington boom comes to an abrupt halt
Nov 8, 2026

Crypto’s Trump-fuelled Washington boom comes to an abrupt halt

With Democrats set to control Congress following their midterm sweep, crypto faces the prospect of tougher rules and closer scrutiny.

$2b and plenty of new seats: Inside airlines’ battle for first-class supremacy
Nov 8, 2026

$2b and plenty of new seats: Inside airlines’ battle for first-class supremacy

Singapore Airlines $2.26 billion cabin refit tells a much broader story about the battle to cater to the premium traveller that is playing out against the constraints of the industry and regulators.

It was the email of my dreams! From Sally Sara. Or so I thought
Nov 7, 2026

It was the email of my dreams! From Sally Sara. Or so I thought

I’m Sally’s biggest fan. Overwhelmed with excitement, I wrote back saying I’d be delighted to contribute.

House prices wouldn’t be falling so fast if Albanese was a man of his word
Nov 7, 2026

House prices wouldn’t be falling so fast if Albanese was a man of his word

Imagine how a first-time buyer who bought into the 5 per cent deposit scheme feels owing 95 per cent on an asset that’s losing value thanks to the backflip on negative gearing.

Is there a future for malls without their department store anchors?
Nov 7, 2026

Is there a future for malls without their department store anchors?

The demise of David Jones has thrown into question the symbiotic relationship that underpinned decades of prosperity for both department stores and malls.

Donald Trump’s humiliation is an opportunity for America
Nov 7, 2026

Donald Trump’s humiliation is an opportunity for America

US voters have done their job, now politicians have to do theirs. But Trump is not a man who likes to be left out.

Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones
Nov 6, 2026

Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones

The ugly, inglorious end to the 188-year-old luxury department store came down to $5 million in unpaid rent.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.