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Lingering coronavirus fears limit ASX gains

Lingering coronavirus fears limit ASX gains

Australian shares stage unconvincing gains despite the mammoth rally on Wall Street.

  • by David Scutt

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ASX trims gains as banks come under pressure
LIVE
Markets Live

ASX trims gains as banks come under pressure

Australian shares stage unconvincing rebound as coronavirus fears linger.

  • by David Scutt
ASX sinks to six-month low on fears of bank weakness
Commonwealth Bank

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
These are the Australian companies worst hit by COVID-19
Coronavirus outbreak

These are the Australian companies worst hit by COVID-19

Investors in Treasury Wine Estates, Wisetech Global, Blackmores and Webjet are among the biggest losers from the coronavirus-induced sell-off that has gripped the Australian Securities Exchange.

  • by Patrick Hatch
ASX closes at six-month low
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
Warren Buffett is waiting for one last big score
Opinion
Opinion

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
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Stocks snap losing streak despite RBA cut weighing on banks
Commonwealth Bank

Stocks snap losing streak despite RBA cut weighing on banks

The ASX pared solid gains on Tuesday as bank stocks slumped over fears of squeezed profit margins after the RBA cut rates to a record low.

  • by Lucy Battersby and David Scutt
'Make YOU Rich': Court finds iSignthis customers ran fake bitcoin ads
Cryptocurrencies

'Make YOU Rich': Court finds iSignthis customers ran fake bitcoin ads

A major ASX-listed group has been linked to an illegal Australian online trading scheme that published a 'fake news' article about bitcoin investment

  • by Sarah Danckert
SoftBank founder keen to go bargain hunting on Wall Street
Wall Street

SoftBank founder keen to go bargain hunting on Wall Street

SoftBank Group, facing skepticism of its investment strategy, conveyed a message to Wall Street: Now is the time to invest.

  • by Gillian Tan and Scott Deveau
ASX ends session at low point, but 44 points higher
Markets Live

ASX ends session at low point, but 44 points higher

The S&P/ASX 200 reached 6524 points during Tuesday session, but closed at 6435, a gain of only 0.7 per cent. Financials dragged on the index.

  • by Lucy Battersby and David Scutt
ASX extends losing streak but claws back ground after opening plunge
Westpac Banking Corporation

ASX extends losing streak but claws back ground after opening plunge

The benchmark index bounced back from early heavy losses to end the session 0.8 per cent lower on Monday, as a rebound on Chinese markets helped staunch the bloodletting.

  • by Lucy Battersby and David Scutt