Australian shares tumble to lowest level since May
Australia's share market plummeted 1.21% amid global tech selloff and AI bubble fears. Key sectors including mining and financials suffered heavy losses. Read analysis of market turbulence.
Category : Search result: Australian share market
ASX plunges to 4-month low in market rout
Australian share market suffers worst day in 10 weeks, falling to near four-month low as $37bn wiped from local markets. Technology stocks lead declines amid global risk sell-off.
The Works shares slip after online sales tumble
The Works reports a slight sales dip as online trade plummets 36%, overshadowing strong store performance. Bosses remain 'pleased' with strategic progress. Read the full update.
Toto Wolff in Advanced Mercedes Share Sale Talks
Mercedes F1 boss Toto Wolff is in advanced talks to sell part of his 33% stake in a deal valuing the team at a record £4.6bn. He will remain as team principal.
IAG Shares Jump on Record Profits and €400M Buyback
International Airlines Group sees massive profit surge as travel demand rebounds, with plans to return €400 million to shareholders through share buyback programme.
Australian Public Service Wages Jump 3.4%
New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.
Starbucks stake slashed by Chinese investment giant Boyu Capital
Chinese private equity firm Boyu Capital dramatically reduces its Starbucks holdings amid challenging market conditions, signalling shifting investor confidence in the coffee giant's China prospects.
Reeves scraps share stamp duty after AstraZeneca warning
Chancellor Rachel Reeves scraps the outdated 0.5% stamp duty on share purchases in major U-turn, acknowledging AstraZeneca's London listing concerns. A victory for UK financial competitiveness.
Premier Foods shares jump 15% on investor stake increase
Oasis Management dramatically increases investment in Mr Kipling owner Premier Foods, sparking 15% share surge and strategic review speculation.
Australian November Books: Garner's Return & Must-Reads
Discover Australia's hottest November book releases featuring Helen Garner's first novel in years, Madeleine Gray's anticipated follow-up, and bold new takes on mythology.
Apple iPhone Sales Slump Sends Shares Tumbling
Apple's latest earnings reveal surprising iPhone demand weakness, sending shares tumbling as analysts question the tech giant's growth strategy in challenging economic times.
Sydney woman trapped in £1.2m property nightmare
A Sydney woman's dream property purchase turned into a financial nightmare as she faces being trapped in her £1.2 million townhouse amid Australia's crashing property market. Discover the shocking reality of negative equity and why experts warn this could
Australian Mortgage Crisis: 1 in 3 in Severe Financial Stress
Exclusive analysis reveals nearly a third of Australian mortgage holders are experiencing 'severe financial stress' with interest rate hikes pushing thousands toward breaking point. Experts warn of potential defaults and economic fallout.
CSL shareholders revolt against executive pay packages
Australian biotech giant CSL faces investor fury as shareholders overwhelmingly vote against executive pay, though board members narrowly survive removal votes amid share price concerns.
Australian House Prices Surge: Queensland Leads Property Boom
Australia's property market continues its relentless climb with Queensland emerging as the standout performer, while NSW and Victoria show surprising resilience despite economic pressures.
Melbourne's Property Market Plunge: What Happened?
Melbourne's property market has undergone a stunning transformation, shedding its status as Australia's second-most expensive city. Discover the factors behind this affordability shift and whether it's here to stay.
Birmingham German Market drops German signs in accessibility move
Birmingham's famous Frankfurt Christmas Market faces backlash after displaying English-only signs, raising questions about authenticity and cultural representation during the festive season.
Australian Housing Dream Collapses: Shocking New Stats
New data exposes how soaring property prices and rental costs are crushing the Australian dream of home ownership, creating a nation of permanent renters.
GM stock plunges after profit warning and EV target retreat
General Motors shares tumble after company slashes 2024 profit forecast and concedes electric vehicle targets are no longer achievable, sending shockwaves through automotive markets.
US Housing Market Slowdown: Longest Sales Wait Since 2015
The American property market is experiencing its slowest sales pace since 2015 as homes linger on the market for record periods. Experts warn of growing buyer hesitation and potential price corrections ahead.
Australia's Hidden Jobs Crisis Worries Economists
New analysis reveals Australia's rising unemployment figures mask a deeper economic concern as underemployment and multiple job-holding surge, creating what experts call a 'messy' and worrying trend.
Bluey Coins Spark Nationwide Frenzy in Australia
Australia's beloved Bluey has triggered an unprecedented coin collecting craze as the Royal Australian Mint releases limited edition 50-cent pieces featuring the Heeler family, causing queues and sell-outs across the country.
Australian Property Market Crashes: Prices Plunge
Australia's housing market experiences dramatic downturn as property prices fall at unprecedented rates, with experts warning of further declines amid economic uncertainty.
Australian Property Boom Creates Wealthiest Middle Class
Exclusive analysis reveals how Australia's staggering property price surge has created unprecedented wealth for ordinary homeowners, transforming the nation's economic landscape and creating a new class of property millionaires.
Margaret River Shiraz Crowned Australia's Best Red Wine
In a stunning upset that's shaking the wine world, Western Australia's Margaret River region has dethroned traditional favourites to produce the country's best Shiraz, according to prestigious international judging.
EasyJet Shares Jump 38% on MSC Takeover Approach
EasyJet's share price skyrocketed after Mediterranean Shipping Company (MSC) tabled a surprise takeover offer, potentially reshaping the European airline industry landscape.
Expert Warns of Potential Stock Market Crash
Prominent financial journalist Andrew Ross Sorkin warns of potential market turbulence ahead, drawing parallels to historical economic downturns and urging investor caution.
Peter Kay: I forgot how to be funny during hiatus
Beloved British comedian Peter Kay finally reveals the heartbreaking truth behind his sudden disappearance from the spotlight in an emotional interview that has fans talking.
Ferrari Loses £4.5bn Amid 'Woke' Car Backlash
Ferrari faces investor backlash as its stock plunges 8% following CEO Benedetto Vigna's announcement of a new 'woke' electric vehicle, raising concerns about the brand's future direction and profitability.
Why Australians Are Queueing for Middle Eastern Flights
Exclusive investigation reveals why Australian travellers are queuing outside Middle Eastern airlines in Sydney's CBD amid growing safety concerns about domestic carriers and airport security.
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