Markets: ASX drops below 5200
Shares drop for a fifth day, but at a slower pace, as global markets show no signs of settling.
You are currently on the Digital subscription package. For unlimited access upgrade to Premium Digital.
'It's a very dangerous time' for markets
Billionaire hedge fund manager Paul Singer warns of a "very dangerous time" in financial markets, saying the unwinding of the bond market "bubble" will hit investors.
Labor kills same-sex marriage
Labor has formally decided to block the-plebiscite on same-sex marriage, killing off any prospect for gay couples to get married for several years.
Buffett loses $1.9b as Wells Fargo dives
Warren Buffett had $US1.4 billion wiped from his fortune on Tuesday.
Fortescue sinks as Vale deal stalls
Brazilian iron ore giant Vale has poured cold water on hopes its JV with Fortescue will be up and running in the short term.
Sydney market 'like the energiser bunny'
In another sign of the strength of the Sydney property market, Tuesday night auctions were cleared out in under an hour.
Macquarie dubbed 'the vampire kangaroo'
Macquarie's bids for two UK assets have earned it the nickname 'the Vampire Kangaroo' in the British press for its "ruthless profit tak...
Fund managers to Fed: it's time to hike
Investors have lost patience with the distortion created by central banks, arguing it's fuelling asset bubbles.
Medibank CFO exits in reshuffle
Medibank's chief financial officer will leave the company in a sweeping management restructure announced by its new chief executive.
Atlassian founder backs tech-led super
Atlassian co-founder Mike Cannon-Brookes has invested in a new superannuation fund targeting tech-loving Millennials.
Featured in AFR
Most viewed
- 1. World's biggest hedge funds warn investors of more pain ahead
- 2. Malcolm Turnbull: A year in charge of the 'Office of Wicked Problems'
- 3. Why the British are calling Macquarie 'The Vampire Kangaroo'
- 4. Westpac invests in uno to disrupt mortgage brokers
- 5. Sydney property market 'like the energiser bunny'
