Business

Market movers

Airbnb books its own listing despite falling revenue

Travel giant Airbnb filed to go public on Monday with its offering revealing how the travel giant's revenue has been slashed by the coronavirus pandemic.

by Cara Waters

Nick Molnar will regain is CEO title at Afterpay.

Afterpay's Nick Molnar returns to CEO role as payment giant accelerates global push

by Colin Kruger

Universal Store CEO Alice Barbery says the company is still pursuing a bricks and mortar expansion plan.

Universal Store still keen on physical stores as shares soar on ASX debut

2 hours ago
by Dominic Powell

The Australian sharemarket popped higher this week.

As it happened: ASX gains 0.2%, but misses 6500

by Alex Druce and Lucy Battersby

The NSW inquiry has examined this suspicious transaction in the private gaming room of one of Crown's largest junkets partners, Suncity.

Crown says it won't work with 'junket' tours again without licences

by Patrick Hatch

Currency

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Companies

Retail

Universal Store still keen on physical stores as shares soar on ASX debut

Newly-listed fashion retailer Universal Store says the company still plans to significantly expand its physical store footprint despite COVID-19 turning bricks and mortar retailing on its head.

2 hours ago
by Dominic Powell

Afterpay founders Anthony Eisen, left, and Nick Molnar, reshuffle their executive positions.

Opinion

Executive shake-up

Afterpay keeps investors on toes with another round of musical chairs

Afterpay's new management structure is a little unconventional, but the buy now, pay later darling is no stranger to breaking with convention.

by Elizabeth Knight

Tech billionaires like Alibaba founder Jack Ma are feeling the heat from China's government.

Opinion

Regulation

Disrupting the disrupters: China is slamming the brakes on Big Tech

by Stephen Bartholomeusz

Casinos

Crown says it won't work with 'junket' tours again without licences

by Patrick Hatch

New York billionaire Michael Bloomberg is to spend $US100 million in Florida.

World markets

Cracks start to show in Mike Bloomberg's empire

by Ben Woods

Markets

Online trading

Australian accused of promoting alleged $US2.5b BitConnect Ponzi scheme charged

2 hours ago
by Sarah Danckert

World markets

Elon Musk's fortune soars by $20b as Tesla joins exclusive Wall Street club

by Esha Dey, Chester Dawson and Sophie Alexander

Markets Live

As it happened: ASX gains 0.2%, but misses 6500

by Alex Druce and Lucy Battersby

The economy

Official data showed Japanese GDP grew a better-than-expected 5 per cent in the three months to September, after three quarters of contraction, pushing stocks on the Nikkei 225 to a 29-year high.

Global economy

'Zoom boom' helps Japan escape from recession

by Lizzy Burden

Opinion

Global economy

Biden faces a global economy tired of Trump's antics

by Ferdinando Giugliano

Retail

Black Friday plus pandemic adds up to crunchtime for US retailers

by Jordyn Holman and Kim Bhasin

Opinion & Perspectives

Afterpay keeps investors on toes with another round of musical chairs

Elizabeth Knight

Afterpay's new management structure is a little unconventional, but the buy now, pay later darling is no stranger to breaking with convention.

Disrupting the disrupters: China is slamming the brakes on Big Tech

Stephen Bartholomeusz

One of the most difficult challenges facing regulators around the world is how to deal with the explosive growth and increasing power of the big tech companies. China has just shown how it will deal with them.

Biden faces a global economy tired of Trump's antics

Ferdinando Giugliano

For the past 75 years, the US has been the guardian of the international economic and financial architecture. The world is ready for the country to resume that role.