Which shares fared best in the pandemic

The coronavirus pandemic hurt businesses as restrictions to check the spread of COVID-19 resulted in widespread loss of revenue, job losses and closures. But some ASX-listed companies have managed to gain advantage amid the chaos inflicted by the virus. On February...

Base metals fall on gloomy US outlook

Copper and other metals fell overnight after a gloomy outlook for the US economy and fresh concerns over a second wave of COVID-19 infections cast doubt over demand. The US Federal Reserve signalled plans for years of exceptional support to help the world’s...

Gold eases but holds near one-week high

Gold eased overnight as the dollar firmed but fears over a fresh wave of coronavirus infections and the US Federal Reserve’s pledge to keep interest rates low kept bullion close to its highest in over a week. Spot gold was down 0.33 per cent at $US1,730.58 per...

Oil prices slump 8% on demand concerns

Oil prices tumbled by about 8 per cent a barrel overnight, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while crude inventories hit a record in the United States. US coronavirus cases surpassed 2 million on...

Wall St slides on fears of new virus wave

The S&P 500 and the Dow Jones have hit a one-week low after a sharp climb over the past month as investors worried about a second wave of coronavirus infections and a grim forecast for the economy from the Federal Reserve. Shares of airlines and cruise operators...