The ASX has suffered its largest fall in over four years,as what some described as panic selling took hold amid heightened coronavirus fears.
Earnings season to date hasn't been a disaster,but investors continue to grapple with the question of whether the results have justified the ASX's positive momentum.
Canadian convenience giant Alimentation Couche-Tard has been given full access to takeover target Caltex Australia’s books after lobbing"best and final"offer.
Goodman Group,the biggest Amazon landlord in Australia,has hiked its full-year earnings forecast on the back of unrelenting growth in demand for warehouse space.
The Australian Bankers Association has unveiled a suite of support measures for customers living in communities impacted by both the bushfire and drought emergencies.
The local market has surged in early trade,with all sectors gaining ground after Wall Street hit new record highs overnight.
Falls in the share prices of the big miners,and a number of property,industrial,and utility stocks going ex-dividend weighed on the local market.
A commodity price surge and fresh overnight records on Wall Street led Australian stocks higher on Friday.
Gone are the days of lavish gifts and hefty bonuses.
Now a federal Labor MP,Susan Templeman was among many fire victims in 2013 who discovered their insurance was inadequate to cover rebuilding their homes. Worse,the insurance industry had known. Today she watches in horror while new fire victims remain under-insured.
A sham trading scheme to make double tax reclaims on dividends that Germany estimates cost it more than $8.1 billion was illegal,a criminal court said this week.