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Resources rout drives ASX lower

Resources rout drives ASX lower

The major mining and energy stocks ended two positive days of trading for the local sharemarket, as iron ore and oil prices tumbled further.

  • by William McInnes

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Markets Live: ASX 45 points lower
Markets Live

Markets Live: ASX 45 points lower

The S&P/ASX 200 has closed lower at 5671 this afternoon with our materials and energy-heavy stock market dented by the declining oil price.

  • by Lucy Battersby
8@eight: Pressure to stay on ASX
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8@eight

8@eight: Pressure to stay on ASX

What happened overnight and what's ahead for the ASX.

  • by Kyle Rodda
'This thing will be a monster': Fears growing over Bitcoin's plunge
Cryptocurrencies

'This thing will be a monster': Fears growing over Bitcoin's plunge

The great crypto crash of 2018 plunged deeper over the weekend and fears are growing over what's next.

  • by Matthew G. Miller & Eric Lam
Wall Street's holiday slide set to weigh on ASX
World markets

Wall Street's holiday slide set to weigh on ASX

Wall Street's biggest Thanksgiving-week loss since 2011 has ASX poised for a negative star this morning.

Rethink on US growth outlook sends a shudder through the market
Markets
Shares

Rethink on US growth outlook sends a shudder through the market

The Australian share market is likely to stay flat in the week ahead after plunging oil prices caused US stocks to suffer their biggest Thanksgiving-week loss since 2011.

  • by Timothy Moore
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A future with fewer truffles: Prices for the black treat set to soar
Food & drink

A future with fewer truffles: Prices for the black treat set to soar

The black truffle is already one of the world's scarcest foodstuffs, but climate change could drive it to the brink of extinction in its traditional home of southern Europe.

  • by Lucca de Paoli
Crypto's worst week since bubble burst take losses near $1 trillion
Cryptocurrencies

Crypto's worst week since bubble burst take losses near $1 trillion

The great cryptocurrency crash of 2018 is heading for its worst week yet, having wiped out more than $965 billion so far.

  • by Eric Lam
Bets are burning: Short sellers are getting hammered, thanks to Musk
Sharemarket

Bets are burning: Short sellers are getting hammered, thanks to Musk

The number of hedge funds betting against companies has fallen by more than half. For those betting against Tesla, the fight has been particularly tough

  • by Renae Merle
'Crude's getting shellacked': Oil hits a one-year low; stocks slide
Energy

'Crude's getting shellacked': Oil hits a one-year low; stocks slide

Oil notched its biggest weekly loss since the depths of the last price crash, as record Saudi output, pressure from US President Donald Trump and a global sharemarket sell-off intensified crude's freefall.

  • by Alex Nussbaum & Grant Smith
ASX ends week lower amid political tensions
Sharemarket

ASX ends week lower amid political tensions

Two strong trading sessions on Thursday and Friday weren't enough to stop the local sharemarket closing the week slightly lower.

  • by William McInnes