Group director of local crypto exchange Elbaite, Morty Tollo joined The Business to explain why nerves about the AI boom turning to bust has traders cashing out of risk assets like Bitcoin.
'Very embarrassing' outage stops trade in dozens of shares on ASX
Professional investors slam another "embarrassing" ASX technical glitch, which saw trading halted in around 50 stocks as companies were unable to publish price-sensitive announcements.
Global financial markets flying blind as data centre overheats — as it happened
Derivates trading operator CME Group says trading in its markets has been halted due to a cooling issue at data centres. Global financial markets watch futures closely.
ASX rises, APRA to impose home loan limits — as it happened
The Australian banking regulator will impose limits on large home loans from February, while the ASX rises as Wall Street extended a recent recovery. See how the trading day unfolded on our live blog.
Aussie dollar rises on inflation pick-up, as rate cut chances fade further — as it happened
Hotter inflation sees the Australian dollar bounce, as the ABS releases its first monthly consumer price index. The ASX closes up after an upbeat session on Wall Street as the odds of a December interest rate cut jumped above 80 per cent.
Bendigo Bank shares dive on money laundering worries, ASX gains — as it happened
Australian shares gained ground on Tuesday, despite Bendigo and Adelaide Bank shares plunging more than 7 per cent after "deficiencies" in anti-money laundering systems were uncovered.
'Contagion' fears surface as bitcoin crash unsettles financial markets
It's been a wild ride for bitcoin traders in recent months and, after a weekend of crypto and blockchain enthusiasm at a Sydney convention, sceptics continue to flag the risks.
BHP unable to reach takeover deal with Anglo American — as it happened
Preliminary talks between miners BHP and Anglo American end without a deal. The ASX rebounds more than 1 per cent after renewed hopes of a December rate cut powered Wall Street higher. Here's how the session played out.
Humanoid robots will change work forever
There is now a global race to build humanoids that can walk, talk, reason, lift, carry, fetch, stack and generally operate in a human environment.
Friday Finance with David Chau
The ASX has suffered its worst trading week since April, when President Trump announced his 'Liberation Day' tariffs, following a renewed sell-off across global markets on lingering concerns about the high valuations of AI stocks.
ASX edges towards technical correction — as it happened
"Wild" Wall Street sell-off triggers a sea of red on ASX. See how the trading day unfolded on our live blog.
Investor relief as Nvidia's results calm fears of an AI bubble
Nvidia's third quarter revenue of $US57 billion has beat expectations and lifted the gloom around stretched valuations on markets as investors look past concerns about AI spending.
ASX, Nikkei jump despite Japanese bond jitters, DroneShield falls again — as it happened
The ASX posted its strongest gain since mid-July, while the Nikkei soared as Japanese government bonds were sold off and the yen fell sharply.
Wages growth data quashes rate cut hopes — as it happened
ABS figures show that workers received an average base pay increase of 3.4 per cent over the year to September. Webjet shares soar after a takeover offer from rival Helloworld. Here's a look back on how the business day unfolded.
Why billions was wiped off the ASX in a single day
The share market has had it sharpest fall since the fallout from Donald Trump's so-called Liberation Day tariffs. ABC's Business correspondent explains.
ASX sheds $59 billion as 'perfect storm' of worry hits market
The Australian share market posts its worst one-day loss since the fallout from Donald Trump's Liberation Day tariff announcement in early April, with more than $59 billion wiped off the value of listed companies.
ASX claws back early losses to end flat — as it happened
The ASX recovered from early losses to end the day where it started.
$4 trillion in super at risk as market meltdown fears spread
Markets are heading south over fears about the US economy and interest rates not falling. Analysts fear mortgage holders and superannuates are in the firing line.
ASX drops sharply after Wall St tumbles — as it happened
The ASX falls steeply in response to a sharp drop on Wall Street overnight, which was led by a big decline in tech stocks. TPG Telecom plunged 32 per cent after the stock traded without rights to the next dividend payment.
ASX tumbles as stronger jobs figures quash rate cut prospects — as it happened
The local share market takes another leg lower as labour force figures pour cold water on rate cut expectations. Look back on the day's financial news and insights from our specialist business reporters.
Union calls for worker entitlements as Menulog shuts, local shares close down — as it happened
Food-delivery company Menulog will shut down in two weeks, citing "challenging circumstances", while the Australian share market has closed slightly down. Look back on the day's business and economic news.