Business
Markets
Betting on a downturn, short sellers made over $75b in coronavirus sell-off
Traders betting on falling share prices made a motza in the virus-induced carnage on Wall Street over the past few sessions.
- by Kristine Owram
Latest
LIVE
Investing
ASX trims earlier advance as banks come under pressure
Australian shares give back around half their earlier gains, financials remain under pressure.
- by David Scutt
Sponsored
8@eight
8@eight: ASX to jump as Wall Street surges higher
What happened overnight and what is ahead for the Australian sharemarket.
- by Kyle Rodda
Coronavirus outbreak
Wall Street roars back to life as wild ride continues
Wall Street's wild, virus-fuelled swings have extended into a third week, setting up the Australian sharemarket for strong gains this morning.
- by Alex Veiga
White collar crime
Former financial adviser pleads guilty to cooking IPO spreads
Former financial adviser Mark Kawecki has pleaded guilty to two counts of attempting to cook the spreads on four ASX floats.
- by Sarah Danckert
Investing
ASX sinks to six-month low on fears of bank weakness
Retail bank shares were sold off on Wednesday amid fears this week's rate cuts will lower the profits and dividend payouts of the major lenders.
- by Lucy Battersby and David Scutt
Interest rates
Costello warns against relying on rate cuts to spur economy
Former treasurer Peter Costello says it is easy to rely on monetary policy to stimulate the economy but its impact is waning.
- by Charlotte Grieve
Opinion
Coronavirus outbreak
Panic breeds panic: The Fed gave the markets what they wanted and the markets tanked
The Fed's surprise move was supposed to boost markets - but it had the opposite effect as investors smelt panic.
- by Stephen Bartholomeusz
Markets Live
ASX closes at six-month low
The S&P/ASX 200 closed 110.3 points lower at 6325.4 on Wednesday as banks and healthcare stocks dragged on the market. The materials sector closed higher.
- by Lucy Battersby and David Scutt
Analysis
Coronavirus outbreak
How the coronavirus could lead to a recession
The global outbreak has caused upheaval in stock markets and disrupted supply chains around the world. But what would it take to lead to a recession?
- by Ben Casselman
Opinion
Investing
Warren Buffett is waiting for one last big score
He is considered by some to be the world's greatest investor. Now he is eyeing one more big deal
- by Nir Kaissar