Shock twist in Evergrande crisis
Evergrande sparked global panic with a drastic and unexpected move this week – but now, there’s been a new twist in the saga.
Markets
Crisis could impact ‘literally the entire world’
China’s Evergrande nightmare has caught the world’s attention – and now, there’s a new sign it could have “profound ramifications” for us all.
‘Contagion’: Fears as second firm in crisis
As Evergrande faces total ruin, a second Chinese property developer is now drowning in debt, sparking concerns a contagion is underway.
‘Possible storm’: China braces for collapse
The fate of one of China’s biggest companies is hanging in the balance, with authorities reportedly quietly warning of its looming downfall.
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Stockmarket finishes flat despite travel bump
Shares ended the day broadly flat despite news of further support measures that boosted travel stocks.
Loan scheme ‘right product for times’
Australia’s banking industry has welcomed the federal government’s new version of the small business coronavirus loan scheme.
Overseas destinations Virgin will offer first
The boss of the revamped Virgin Australia has revealed which overseas locations are on the top of its agenda when international flights resume.
Major decision that cost Myer
One of the country’s major department stores has revealed CBD store closures as result of the coronavirus pandemic have dented its sales.
Reddit celebrates as GameStop explodes
GameStop’s stock price exploded again after more than doubling in a wild session as Reddit’s army of investors rebel against Wall Street.
GameStop’s crazy 100 per cent rebound
The video game retailer’s shares have started to soar yet again – by a lot – sending Reddit’s WallStreetBets into an online frenzy.
Positive gains for Aussie sharemarket
The sharemarket has ended the day higher as hopes of international border restrictions easing by October boosted confidence in travel stocks.
Qantas boss’s dire warning
After posting an eye-watering half-yearly loss, Australia’s premier airline says more pain for the industry is potentially just around the corner.
WA takes fresh swipe at Crown
West Australian gaming authorities have landed the latest blow to Crown Resorts and its desire to lure VIP high rollers to Perth casino.
Shares end trading day higher
Australian shares ended Tuesday higher with large gains seen in the mining and energy sectors due to rising commodity prices.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/199