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Markets Live: ASX caught up in global sell-off
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Alibaba's Jack Ma is up partnerships across the region to win over some of the estimated 450 million people with limited access to banking services.
The Spotlight Group has sold a permit-ready development site in central Box Hill, which was listed with a price guide of about $50 million.
Proposal was to give staff half the wage rises being paid in other departments.
The Australian dollar has turned into a surprise winner from the talk of higher interest rates by global central bankers this week.
Sarah Hassan, who gave Martin Shkreli $390,000 to invest, got an email at 8:13 pm saying she was up 45 per cent. At 8:44 pm, Shkreli sent out a second email notifying her he was shutting the fund down.
A recall of Polaris children's quad bikes containing asbestos-laden parts affects more vehicles than reported, a company whistleblower claims.
"Unconscious bias" techniques could do more harm than good, Prime Minister's nudge unit finds.
Acquisitive fund manager Centuria has followed up its purchase of Target's headquarters in Melbourne's west with an industrial deal worth $37 million.
There's no shortage of housing forecasts but none quite like this one: rather than the key markets cooling, they are about to be hit by a demographic tsunami.
The AUD is closing the quarter weaker against the EUR, GBP and NZD, while small gains have been seen against the USD and JPY. Can this continue as we enter the new quarter while key debates still remain unresolved? (This video was produced in commercial partnership between Fairfax Media and IG Markets).
Investors may be happy to see the end of a quarter that has been far from kind to many as the Australian economy strives hard to resist fallng into recession, with stocks, the Aussie weakening as iron ore prices plunged.
Australia's third-biggest bank wants to interview US witnesses as it tries to find out who ripped it off in $400 million worth of nickel deals
Wall Street struggles, setting up the local sharemarket for sharp falls at the open.
Wall Street fell sharply on Thursday, with the S&P; 500 and the Dow industrials suffering their worst daily percentage drops in about six weeks, setting up the ASX for sharp falls at the open.
Virgin Australia's second highest ranking executive is heading for the airline's departure lounge after less than a year in the job.
Murdoch has long tried to cement his legacy by adding Sky to his company's stable of global media assets.
One-third of drivers involved with ride-sharing services such as Uber are yet to register for GST or to fully declare their income.
Prime Minister and Cabinet public servants finally agree to new workplace deal.
As Chinese demand for Australian products hots up, a husband and wife team are hoping to raise $6m and IPO their daigou business.
Renewable energy is seen supplying rising demand for electricity.
A music teacher who described her principal as "a maggot in the ground who deserves to be stomped on" and implied that her colleague was faking a disability to get out of playground duty has failed in an unfair dismissal claim against the NSW Department of Education.
The traditionally community-owned before-and-after school care sector is under siege.
A market rally for commercial television and radio stocks continues on Thursday following the government's decision to grant broadcasters an end-of-financial-year present of licence fee cuts.
Former prime minister Paul Keating has hit out at international companies operating in Australia who are not paying enough taxation, in a speech at a business lunch in Sydney.
Rio Tinto shareholders have backed the sale of the company's NSW coal operations to China's Yancoal for $US2.69 billion ($3.5 billion).
Slater and Gordon's new lenders will get the first £250 million of any proceeds from its action against the UK company formerly known as Quindell.
The 2016/17 financial year has very much been a tale of two halves, global market strategist at JP Morgan Asset Management says.
ANZ Bank chief executive Shayne Elliott has warned South Australia would face higher borrowing costs if other banks lower their exposure to the state as a result of its bank levy, as ANZ has done.
A government-induced housing market slowdown in Malaysia and Hong Kong has forced REA Group to announce a $180 million impairment in the value of its Asian business.
Research shows the end of financial year increases the pressure on stretched small business owners.
Business needs to prepare for a bigger rush of discount-seeking consumers.
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