World markets
Jeff Bezos loses $12.9b in one day as Amazon shares sink
The fortunes of the world's wealthiest were pummelled by the global market sell-off, and none more so than that of the world's richest person.
Latest
Donald Trump
'The Fed has gone crazy': Trump points finger for Wall Street tumble
President Donald Trump again criticised the Federal Reserve for raising interest rates, calling it a "mistake" hours after the worst US stockmarket sell-off since February.
- by Justin Sink & Shannon Pettypiece
Updated
ASX plummets on back of Wall Street's worst day since February
The ASX has followed global markets sharply lower, tumbling more than 2 per cent in early trade.
Opinion
Donald Trump
'Trumponomics' has taken a heavy toll on the world
Donald Trump's shadow looms large over the world economy.
- by Ferdinando Giugliano
Wall Street
Wall Street finishes lower as gloomy mood takes over
Wall Street finished in negative territory after an up-and down day, with tech stocks being the brightest performers, as the Nasdaq ended a three-day slide.
- by Vildana Hajric and Sarah Ponczek
China
Tencent's $310 billion share plunge is breaking all kinds of records
The first blow came almost nine months ago, and it has been all downhill since then.
- by Sofia Horta e Costa
IMF downgrades outlook for Australian economy on trade fears
Australia would hit 3.2 per cent growth this year before slipping to 2.8 per cent next year, the IMF said.
Opinion
Opinion
The next financial crisis is staring us in the face
It is becoming increasingly obvious that we learnt little from the trauma of the GFC a decade ago.
- by Barry Ritholtz
Wall Street recovers from early dive to finish flat
US equities scrambled back from a steep early decline as investors sought bargains after a two-day swoon.
Fleeing bulls: China's sharemarket dives as foreign investors dump $2bn
Chinese stocks' worst October start in a decade has scared off the last remaining bulls.
- by Sofia Horta e Costa & Jeanny Yu
'It's been a nightmare': Big Brother is watching currency traders
After a global scandal that cost them $20 billion in fines and settlements, banks are taking no chances.
- by Lananh Nguyen and Charlotte Ryan