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Wallabies sponsor hit with ASIC action over its financial betting products

Wallabies sponsor hit with ASIC action over its financial betting products

The corporate watchdog says 20,000 Australian customers of eToro lost money trading products known as contracts for difference.

  • by Sarah Danckert

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ASX extends losses after Wall Street’s worst day since April

ASX extends losses after Wall Street’s worst day since April

The local sharemarket slipped for a second day after Wall Street tumbled to its worst drop in months as its rally lost momentum.

  • by Millie Muroi
The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem

The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem

The US is going to put trillions worth of new debt up for sale before the end of the year as it tries to rebuild its cash reserves. There is an issue, however.

  • by Stephen Bartholomeusz
The top five shares Boomers and Millennials are buying

The top five shares Boomers and Millennials are buying

These investors have million-dollar-plus portfolios, but are buying very different shares.

  • by Millie Muroi
‘Risk-free’ asset takes a hit as US downgrade dents confidence

‘Risk-free’ asset takes a hit as US downgrade dents confidence

While some experts have dismissed Fitch Ratings’ move to downgrade US Treasury bonds, others argue it would make investors more nervous at a time of economic uncertainty.

  • by Clancy Yeates
ASX ends lower, following losses on Wall Street

ASX ends lower, following losses on Wall Street

The Australian sharemarket slid lower on Wednesday, as utilities and a negative lead from Wall Street weighed on the index.

  • by Millie Muroi
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RBA interest rate pause lifts ASX as miners and tech stocks rise

RBA interest rate pause lifts ASX as miners and tech stocks rise

The Australian sharemarket lifted all sectors into the green after the Reserve Bank held interest rates at its August meeting.

  • by Millie Muroi
Amazon is under attack – there may only be one solution
Opinion
Retail

Amazon is under attack – there may only be one solution

The stage is set for an epic series of legal battles as Amazon tries to keep its corporate empire together. But breaking itself up would be the first thing for it.

  • by Matthew Lynn
ASX edges higher ahead of key RBA rates decision

ASX edges higher ahead of key RBA rates decision

The Australian sharemarket lifted on Monday as Wall Street’s rally got back on track following more encouraging profit reports and signs of easing inflation.

  • by Millie Muroi
Stocks crush ‘Year of Bond’ in biggest sentiment shift since ’99

Stocks crush ‘Year of Bond’ in biggest sentiment shift since ’99

An avalanche of demand for equities has unleashed a furious rally across the globe, making investors more optimistic about stocks relative to bonds.

  • by Denitsa Tsekova
ASX slumps as miners, real estate investment trusts weigh

ASX slumps as miners, real estate investment trusts weigh

The ASX lost ground on Friday even as retail trade data pointed to a higher possibility of the RBA keeping interest rates on hold next week.

  • by Millie Muroi