Samuel Yang

1 week ago | abc.net.au | Samuel Yang

Australia's largest betting company Tabcorp has been fined more than $4 million for breaches of spam laws. The Australian Communications and Media Authority (ACMA), which governs spam laws, found that Tabcorp sent more than 5,700 unlawful marketing messages to customers of its VIP program. The VIP program is where eligible customers receive personalised and direct communications regarding Tabcorp services from Tabcorp personnel or an agent.

3 weeks ago | abc.net.au | Samuel Yang |Emily Stewart |Adelaide Miller

The Australian share market has finished the day up 0.8% at 8,530 points with a lot of winners and not so many losers. Overall, the market had 60 stocks in the red, 6 unchanged and 134 stocks gaining. When looking at the sectors, Energy finished at the top; up 1.9%, followed by Industrials; up 1.3% and then Consumer Cyclicals; up 1.2%. Only two sectors finished in the red; Academic and Educational Services finished at the bottom; down -2.6%, followed by Consumer Non-Cyclicals, down -0.5%.

3 weeks ago | abc.net.au | Samuel Yang

Good morning and welcome to Wednesday's markets live blog, where we'll bring you the latest price action and news on the ASX and beyond. A rally on Wall Street overnight will set the tone for local market action today. The Dow Jones index gained 0.5 per cent, the S&P 500 advanced 0.6 per cent and the Nasdaq Composite up 0.8 per cent. ASX futures were down 23 points or 0.3 per cent to 8,507 at 7:30am AEST. At the same time, the Australian dollar was down 0.1 per cent to 64.55 US cents.

4 weeks ago | abc.net.au | Samuel Yang

Analysts say Australian consumers could soon notice price increases across a range of products as early as this winter. The RBA deputy governor warns firms that spreading increased costs worldwide could backfire. The Reserve Bank will meet again on July 7-8 to decide on interest rates just before the US pause on "reciprocal" tariffs on more than 50 nations ends.

4 weeks ago | abc.net.au | Michael Janda |Samuel Yang |Emilia Terzon |Nadia Daly |Adelaide Miller

The Australian share market has finished the day up 0.3% at 8,435 points with an almost even split of winners and losers. Overall, the market had 92 stocks in the red, 11 unchanged and 97 stocks gaining. When looking at the sectors, Utilities finished at the top; up 1.2%, followed by Consumer Non-Cyclicals; up 1%. The Energy sector finished at the bottom; down -1.4%, followed by Industrials; -0.8% and Technology; -0.77%.