World markets plunge
3:56pm |
Australian shares plunge at the opening, shedding another $56 billion within minutes, as investors reel from gathering panic about the state of the global economy.
Local shares dive after hit on global stocks
10:29am |
Australian stocks post heavy losses, following plunges on Wall Street and European markets.
The last plan failed. So what's the plan?
MICHAEL WEST 12:35pm |
The response to the GFC was the mother of all stimulus programs. But that hasn't worked and now we're facing an Armageddon scenario.
World financial woes 'truly scary': Howard
DANIEL HURST 2:16pm |
Australians' optimism about the strength of the economy is fraying amid growing fears over another global downturn, according to former PM.
RBA lowers growth outlook
12:02pm |
RBA cuts economic growth forecast and raises outlook for inflation as delays in coal production, global market risks and subdued spending delay a rebound.
What to do when the market crashes
SCOTT PHILLIPS 9:57am |
Market swings can be scary but they can also offer bargains for the brave - and prudent.
- Under the Radar Cloud wars
- Brown Sugar joins growing list of retail chains in strife
- Productivity Commission delivers another blow to retail
- Franc and earnest: that may be the best way to go
- Rio's $US7bn share splurge
- Australian operations deal blow to Hutchison profits
- Martin Place 'money box' to be redeveloped
- Gunns halts trading on concern about forestry deal
- Leighton takes hit on desal plant
- Codelco may strike in Australia while copper is hot
- ERA puts hope in exploration
- Toll's new CEO moves to allay fragment fears
- More Business News and Views
| ASX 200 | 4110.1 | -166.415 | -3.89% |
|
|
|||
| Dow Jones | 11383.68 | -512.76 | -4.31% |
| Nasdaq | 2556.39 | 0 | 0.00% |
| Hang Seng | 20895.95 | -988.79 | -4.52% |
| NZ 50 | 3276.506 | -101.27 | -3.00% |
Data delayed by 20 mins.
Business News Wire
3:51PM Asian stocks down after Wall Street slide
11:31AM RBA warns global risks have increased
10:20AM Resmed boosts net profit by 19% =2
Holden Key Leaders
The Future is in the clouds
An increasing number of projects are totally in the cloud.
- Unique: Niche-building tips
- Lookout: Surviving tough times to shine
- Startup: Dot com II reaches fever pitch
- Healthy: Plan to get the juices
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Europe, US fears push dollar lower
1:19pm |
The Australian dollar suffers more falls after the release of the Reserve Bank of Australia's statement on monetary policy.
- ASX Local shares plunge on global fears
- Bonds rally even as government coffers dry up
- Asian stocks tumble 10% from May high
- Stocks dive on global fears
- Gold bounces as Asian stocks dive
- Oil extends losses as outlook for demand dims
- ECB resumes bond purchases as 'bottomless pit' looms
- Euro debt worries push stocks sharply lower
- Wall Street US stocks suffer massive losses
- More Markets
Transurban heads away from East?
Insider 'Read into it what you will,'' Chris Lynch said when asked if dividend forecasts ruled Transurban out as a rival bidder for ConnectEast.
- Insider Experian reports for duty
- Insider Proxy adviser pool running dry
- Insider Dull asset, lively bidding war
- Business calendar August 1-5
- Insider Bet within a bet in punting TO
- Insider Macquarie eyes Asia
Video
The week that was with Janine Perrett
In a week that began with fears of financial Armageddon in the US being allayed, we've ended up in the middle of a meltdown anyway. (05:05)
World Business
Japan forex move 'largest for single day'
2:22pm |
Japan's currency intervention to stem the yen's rise was the largest ever for a single day at up to Y4 trillion ($48.29 billion), reports say.
Time to rethink rescue plans
The head of the European Commission admits debt contagion has now spread.
Comment & Analysis More Comment & Analysis
It's creative accountancy over art at the ABC
HAROLD MITCHELL |
We all know that 14 of the top 30 programs on free-to-air TV are sports shows and that all Foxtel's top programs are sports. As Roy of Roy and HG famously said: ''Too much sport is still not enough.''
- Malcolm Maiden Telstra in box seat with Turnbull broadband plan
- Off the Wall Questions remain despite deal
- Adele Ferguson Spend-up needed to spark economic growth
- Max Newnham Move carefully on super highway
- CBD Beware an angry debt collector
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Does marriage spell disaster for your business?
Enterprise If you change your name after you get married, what happens to the personal or business brand you've worked so hard to build?
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Hot stock: Austar
HOT STOCK 2 Aug |
Sometimes, even a sniff test can be a valuable tool to determine if a decision is the right one or not.
