Markets Live: ASX droops on day one
Shares follow Wall Street lower for a poor start to the new month, as resources names, led by energy stocks, drag on the market.
Powell reminds markets he is no academic
The new Fed chairman is in many ways a blank piece of paper when it comes to monetary policy, despite his long history as a banker and Treasury official.
Spotify files for direct listing on NYSE
Music streaming service Spotify filed for a direct listing on the New York Stock Exchange with the US Securities and Exchange Commission.
Dow, S&P; 500 drop on rate angst
US stocks sold off late to end sharply lower, dragged down by continued worries over rising interest rates.
ASX to slide in line with Wall St, oil
Australian shares are poised to drop, in line with a sell-off on Wall Street, as commodities retreated. The Dow shed 380 points.
Investors are paying $1670 an hour for ‘expert’ chats
They may be cutting research budgets, but European investors are more willing than ever to dole out up to $1670 an hour to talk to someone w...
US yield curve continues to flatten
The spread between short- and longer-dated US Treasury yields shrank further after Federal Reserve chairman Jerome Powell's optimistic outlo...
Investor who made 450pc on one bet lines up next win
After winning big on Chinese liquor and insurance, OFI Asset Management is betting another asset class offers the greatest potential for ret...
Tech boss gets $15b richer by leaving NYC for China
Why be content with almost $US2 billion when your net worth can be multiples more simply by moving your company from one stock exchange to a...
Sterling skids on Brexit warning
Sterling skidded below $US1.38 to its lowest in almost three weeks, after the EU's chief Brexit negotiator said a transition deal was not gu...
