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Amber PlumDeputy Business Editor

Amber Plum has been Deputy Business Editor at The Australian since 2018, after joining the masthead in 2016. She was previously a European correspondent and deputy editor at Business Spectator.

Amber Plum

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Technology

Sky and Space lands Branson deal

The ASX-listed satellite firm will join forces with Virgin Galactic on a series of landmark launches.

David Swan

Markets

Chinese one-hundred yuan banknotes are arranged for a photograph at the Korea Exchange Bank headquarters in Seoul, South Korea, on Thursday, July 9, 2015. European stocks climbed with U.S. futures as Chinese equity indexes rebounded amid government efforts to halt a $3.9 trillion rout. The yen weakened with Treasuries and German bunds, while commodities advanced. Photographer: SeongJoon Cho/Bloomberg

Yuan at lowest level since 2010

The People’s Bank of China has slashed the currency’s rate in the wake of Britain’s exit decision.

Markets

This picture taken on May 2, 2016 shows a worker at an oil rig in Daqing, Heilongjiang province. Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China's largest oilfield epitomises Beijing's reluctance to cut jobs at loss-making state-run operations. Thousands of oil pumps painted black, yellow and red stretch to the horizon in Daqing, which has produced more than two billion tonnes of the black gold since it started flowing almost 60 years ago. / AFP PHOTO / NICOLAS ASFOURI / TO GO WITH AFP STORY CHINA-ECONOMY-OIL-POLITICS BY TOM HANCOCK

Oil prices fall sharply on Brexit

Brent crude plummets amid global uncertainty, despite little change in fundamentals.

UPDATEMarkets

Governor of the Bank of England, Mark Carney speaks at the unveiling of the new £5 (6.5 euros, $7.2) banknote bearing the image of wartime leader Winston Churchill at Blenheim Palace in Woodstock on June 2, 2016. The note, to be rolled out from September, is the first to be printed on polymer -- a thin, flexible plastic film that is seen as more durable and secure and is already used in Australia and Canada. / AFP PHOTO / POOL / Joe Giddens

BoE to take ‘all necessary steps’

The Bank of England and European Central Bank stand ready to turn the tap on billions of dollars in liquidity.

UPDATEDMarkets

Big Ben and the Houses of Parliament are bathed in morning sunlight in central London on June 24, 2016. Britain has voted to break out of the European Union, striking a thunderous blow against the bloc and spreading panic through world markets Friday as sterling collapsed to a 31-year low. / AFP PHOTO / Niklas HALLE'N

UK stocks tumble on exit vote

Lloyds shares collapsed 29pc and the pound is recovering from a 31-year low as Britain considers its next steps.

Elizabeth Redman

UPDATEDMarkets

Stocks shed close to $50bn

The local sharemarket has been whacked by Britain’s vote to exit the European Union.

Daniel Palmer

UPDATEDMarkets

RBA meeting ‘live’ after Brexit

Futures markets are now pricing in a more than 50 per cent chance of a July rate cut.

Daniel Palmer

UPDATEDMarkets

Stocks edge up ahead of UK vote

The local market is cautiously confident, with iron ore stocks jumping on a higher spot price.

John Conroy

Tablet

A stack of U.K. one pound coins sits next to a twenty pound note, arranged for a photograph in London, U.K., on Monday, Aug. 17, 2009. The pound's biggest five-month rally in 24 years is ending as the Bank of England floods the shrinking U.K. economy with newly printed cash and slowing inflation precludes higher interest rates to lure investors. Photographer: Chris Ratcliffe/Bloomberg

British pound hits 6m high

Sterling surges on the back of growing expectations Britain will remain in the EU after tonight’s Brexit vote.

Markets

JANUARY 1, 2002 : British pounds are swapped for new Euro notes at a Travelex bureau-de-change at London's Heathrow airport 01/01/02 as over 300 million residents in European countries woke up to using the new currency. England / Money / Note / Pound

British pound hits 6m high

Sterling continues to surge on the back of growing expectations Britain will remain in the EU.

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