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ASX drops 0.4%; Afterpay hits $100

ASX drops 0.4%; Afterpay hits $100

The S&P/ASX 200 fell sharply at the open, following weak leads from Wall Street. Down 28 points, or 0.4 per cent.

  • by Lucy Battersby and Emma Koehn

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China is leaving the rest of the world behind as its economy roars back to life
Opinion
Global economy

China is leaving the rest of the world behind as its economy roars back to life

In the economic battle against the pandemic, China has left the rest of the world playing catch-up.

  • by Tom Stevenson
ASX set to fall as Wall Street dives on stimulus uncertainty, virus worries
World markets

ASX set to fall as Wall Street dives on stimulus uncertainty, virus worries

Wall Street's main indexes have fallen to start the week as investors worried that they might not see a coronavirus economic stimulus deal before the November 3 presidential election.

  • by Sinead Carew
The Short Squeeze: QE & K-pop
The Short Squeeze

The Short Squeeze: QE & K-pop

This week's podcast takes a look at the key upcoming economic data, the growing list of Australian exports 'banned' by China and takes us inside the rollercoaster world of K-pop band investment

  • by Lucy Battersby
From the Archives, 1987: Swift and severe, Australia's sharemarket crashes
Flashback

From the Archives, 1987: Swift and severe, Australia's sharemarket crashes

On October 20, 1987, share prices on the Australian sharemarket plunged an unprecedented 25 per cent, wiping $65,000 million from the market value of local companies in less than four hours’ trading. Nervous onlookers packed the public gallery of the Melbourne Stock exchange on what was then the worst trading day for the local market.

  • by Tom Ormonde and Victoria Thieberger
As it happened: ASX gains 0.8% to seven-month high
Markets Live

As it happened: ASX gains 0.8% to seven-month high

The S&P/ASX200 added 52.6 points on Monday to close 0.8 per cent higher at 6229.4, fueling hopes the index could finally move out of its limited trading range.

  • by Lucy Battersby
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Despite the COVID-19 flux, market is 'still a good place to be'
Investing

Despite the COVID-19 flux, market is 'still a good place to be'

Unprecedented stimulus, low interest rates, and a “cleverly designed” federal budget will help investors ride out the pandemic, says veteran fund manager Matt Williams.

  • by Alex Druce
US stimulus and RBA minutes to keep local investors interested
Investing

US stimulus and RBA minutes to keep local investors interested

The Australian sharemarket is tipped to open the week higher, as hopes of a November rate cut and the fate of the US fiscal stimulus bill dominate sentiment.

  • by Kyle Rodda
As it happened: ASX slides 0.5% in soft close to strong week
Markets Live

As it happened: ASX slides 0.5% in soft close to strong week

The ASX 200 finished 0.5% lower at 6178 on Friday in a soft end to an otherwise solid week. The banks, miners, and biotech CSL were heavy weights.

  • by Alex Druce
The 'least offensive person in finance' has the ear of Wall Street billionaires
Investing

The 'least offensive person in finance' has the ear of Wall Street billionaires

Harvard graduate Matt Levine went from being a school teacher to working on Wall Street. Now he writes about it and heavyweights are paying attention.

  • by Emily Flitter
Wall Street insiders keeping their cool as election uncertainty swirls
Investing

Wall Street insiders keeping their cool as election uncertainty swirls

This presidential election is clearly unlike any other, but investors might be wise to treat it just like most of the previous ones, say money managers.

  • by Stan Choe