The Australian market has continued its downhill run, opening more than half a per cent lower following falls on international bourses and worries about central banks' stimulus plans.
US stocks have fallen sharply in highly volatile trade, with the Dow posting its first three-day losing streak this year amid worries about central banks' stimulus plans.
The Australian share market extended its losses on Wednesday as investors continued to move their money offshore amid concerns about a weak global economy
US stocks have ended the day solidly lower after the Bank of Japan's status-quo policy decision revived concerns about the winding down of central bank stimulus measures.
West Perth company Ezeatm has announced an earning downgrade one week after sacking company founder and chief executive Todd Zani, who has allegedly responded by requesting a shareholder meeting to
The Australian share market is marginally higher to begin the week, reflecting mixed offshore leads during the long weekend for the Queen's Birthday holiday.
Leighton Holdings and Perseus Mining were among the losers from the latest rebalancing of Australian stock market indices, while Automotive Holdings Group and nickel explorer Sirius Resources were
US stocks have swung erratically as the US dollar sank and bond prices rose, but finished higher a day ahead of the government's release of US employment data for May.
The Australian dollar has fallen to its lowest level since October 2011 amid weakness on global stock markets.The currency dropped to a low of 95.11 US cents early this morning.
US stocks have shed more than 1.0 per cent following a global rout as weaker-than-expected data on private jobs creation underscored weakness in the US economy.
The Australian dollar has fallen over one US cent after sluggish national account figures raised the possibility of more interest rate cuts by the Reserve Bank of Australia.