Banks weigh down ASX after US earnings spook markets

The Sydney Morning Herald - Oct 14, 2026

Australian shares have dipped following a sharp sell-off in the major banks, after disappointing earnings from their US counterparts highlighted the challenging backdrop for financial institutions.

Read full article

More News

‘Danger premium’: Australians pay more to avoid flying via Middle East
Oct 13, 2026

‘Danger premium’: Australians pay more to avoid flying via Middle East

As the conflict in the Middle East rages on, travellers are increasingly unfazed and unwilling to pay a “danger premium” for flights avoiding the region.

I’m sick of immigration being blamed for problems it doesn’t cause
Oct 13, 2026

I’m sick of immigration being blamed for problems it doesn’t cause

But the resurrection of Pauline Hanson and her ratbag One Nation has changed all that, and now it’s on for young and old.

Big egg cartel: Major Australian suppliers accused of whipping up higher prices
Oct 13, 2026

Big egg cartel: Major Australian suppliers accused of whipping up higher prices

The competition watchdog has alleged Australia’s largest egg supplier engaged in cartel conduct with a raft of other producers.

ASX ends flat after slow session on Wall Street; Tech stocks slump, banks jump
Oct 13, 2026

ASX ends flat after slow session on Wall Street; Tech stocks slump, banks jump

The Australian sharemarket was treading water on Tuesday after a sell-off in chipmakers left US stocks wavering ahead of the reporting season.

Norfolk Metals installs seasoned duo in boardroom overhaul
Oct 13, 2026

Norfolk Metals installs seasoned duo in boardroom overhaul

Norfolk Metals has shuffled its board, appointing veteran Anthony McClure as executive chairman to steer its acquisition of the high-grade Ciclón copper project in Chile.

Can Adidas really own stripes – and did White Fox copy them?
Oct 13, 2026

Can Adidas really own stripes – and did White Fox copy them?

The German sportswear giant is taking Australian fast fashion outfit White Fox to task over the use of stripes, in a trademark dispute that will test the limits of common-sense and deceptive conduct.

Demoted for mentioning ‘the glass cliff’? Chris Bradley was just speaking truth
Oct 13, 2026

Demoted for mentioning ‘the glass cliff’? Chris Bradley was just speaking truth

The fact that questioning the glass cliff concept created such a strong kneejerk reaction makes me wonder why challenging the notion should be a punishable crime.

Orbit sets $12M rare earths spin-off in motion
Oct 13, 2026

Orbit sets $12M rare earths spin-off in motion

Orbit Resources has launched a $12 million rare earths float for its Matrix Critical Minerals spin-off, allowing the company to focus on its NSW gold-silver assets.

NeuroScientific Biopharmaceuticals clears key US Crohn’s trial hurdle
Oct 13, 2026

NeuroScientific Biopharmaceuticals clears key US Crohn’s trial hurdle

NeuroScientific Biopharmaceuticals has landed key US backing for its Phase 2 stem cell Crohn’s trial, green-lighting a planned year-end start subject to final preparations.

Rewriting Retirement
Oct 13, 2026

Rewriting Retirement

For those thinking of retirement, this six-part series provides the clarity and confidence to take the next step.

Don’t blame Ukraine: Prices go up and up, thanks to Trump’s wars
Oct 13, 2026

Don’t blame Ukraine: Prices go up and up, thanks to Trump’s wars

The US president’s battles with trading partners and Iran are responsible for the elevated US inflation rate – not Ukraine’s bombing of Russian oil refineries.

Fight erupts between union and ABC’s head of news
Oct 13, 2026

Fight erupts between union and ABC’s head of news

The ABC’s news boss is staring down the barrel of a staff revolt after threatening a senior journalist with disciplinary action.

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.