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Even diamonds are on discount in the coronavirus slump

Even diamonds are on discount in the coronavirus slump

De Beers has cut prices for smaller diamonds in its latest move to draw customers back to the market after the pandemic froze up trading in precious stones.

  • by Thomas Biesheuvel

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She has Trump's support but Fed nominee's track record raises eyebrows
Federal Reserve

She has Trump's support but Fed nominee's track record raises eyebrows

Judy Shelton's enigmatic background has fuelled concerns about which version of the nominee would show up to the Fed board if she wins one of its seven seats.

  • by Jeanna Smialek and Emily Cochrane
As it happened: Rate cut talk fuels $42b ASX rebound
Markets Live

As it happened: Rate cut talk fuels $42b ASX rebound

The ASX 200 rebounded 2.4% on Wednesday as expectations of an October rate cut built on a strong Wall Street lead.

  • by Alex Druce
ASX set to jump as Amazon surge leads Wall Street rebound
Updated
World markets

ASX set to jump as Amazon surge leads Wall Street rebound

Amazon has been the headline act on a bright session for Wall Street, setting up the ASX for strong gains this morning.

  • by Herbert Lash
As it happened: Virus fears, commodities slump wipes 0.7% from ASX
Markets Live

As it happened: Virus fears, commodities slump wipes 0.7% from ASX

The ASX 200 has continued its September slide, dropping to a three-month low on Tuesday. The market closed 0.7% lower at 5784.1.

  • by Alex Druce
Wall Street's $4.2 trillion wipeout is no surprise
Opinion
World markets

Wall Street's $4.2 trillion wipeout is no surprise

The stage had been set the stage for a swift Wall Street fall, the speed of which rivals any in history.

  • by Sarah Ponczek
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Oil's great divide: US, European giants at odds over the future
World markets

Oil's great divide: US, European giants at odds over the future

As oil prices plunge and concerns about climate change grow, European giants like BP are adapting and selling off oil fields and investing in renewable energy. Their US cousins are going in a different direction.

  • by Clifford Krauss
ASX set to drop sharply as lockdown fears, Ginsburg death spook Wall Street
World markets

ASX set to drop sharply as lockdown fears, Ginsburg death spook Wall Street

Wall Street's main indexes slid to seven-week lows as concerns about fresh coronavirus-driven lockdowns in Europe raised fears the US economy faces a longer road to recovery than expected.

  • by Herbert Lash
The Short Squeeze: The waiting game
The Short Squeeze

The Short Squeeze: The waiting game

This week's agenda includes the latest economic data, what the recommencement of IPOs on the ASX means, when we are likely to get a COVID-19 vaccine and what the US market is telling us about the looming election.

As it happened: September slide continues as ASX hits three-month low
Markets Live

As it happened: September slide continues as ASX hits three-month low

The ASX 200 shed as much as 0.9% on Monday as the mining giants and the banks weighed. The local bourse finished 0.7% down at its lowest close since June 29.

  • by Alex Druce
Trump uncertainty poses risk to ASX $10b float bonanza
Investing

Trump uncertainty poses risk to ASX $10b float bonanza

A Donald Trump victory in the US election is main risk to a $10 billion Australian IPO boom.

  • by Colin Kruger