Sue Lannin

Mining giant Glencore puts its Cobar copper mine in central western NSW and the Lomas Bayas copper mine in Chile on the market as it seeks to raise money to reduce $US30 billion in debt.

Australian shares are boosted by miners on higher iron ore prices, and the International Monetary Fund has slashed its growth forecast for 2023 because of high inflation, banking crises, the Ukraine war, and COVID-19.

The Australian share market resumes its selling as traders bet on more interest rate hikes from the Reserve Bank after the unemployment rate remained steady in March. Follow live.

The ASX has lost ground in early trade, despite a rise on Wall Street rose on Friday. Follow the day’s events and insights from our business reporters on the ABC News live markets blog.

The Australian share market is in the red for another day, and vitamins firm Blackmores has soared after Japan’s Kirin Holdings announced it would buy the natural health company for nearly $2 billion. Follow the day’s events on the ABC News live markets blog.

The ASX finished lower ahead of tonight’s federal budget and Commonwealth Bank’s CEO has warned of tough times ahead, despite a better-than-expected quarterly profit.

The Transport Workers Union is calling on Qantas to repay $2.7 billion in government handouts it got during the COVID-19 pandemic as the airline forecasts what the union calls an “obscene” record annual profit. And the Australian share market runs out of steam as US debt ceiling talks drag on.

The ASX loses ground on US debt ceiling impasse and lower iron ore prices, CBA lifts variable home loan rates, and the Reserve Bank of New Zealand lifts official rates to 5.5 per cent, the highest in 14 years.

Qantas boss Alan Joyce announces he will leave the airline tomorrow, bringing forward his planned retirement by two months. The Reserve Bank keeps interest rates on hold at 4.1 per cent.

Belgium’s Princess Astrid commemorates the Australians who died in World War I while leading her country’s first economic mission to Australia in more than a decade, as Australia and the European Union negotiate a free trade agreement.