The ASX, Wall Street and the rest of the world saw the biggest drop in years, yesterday. Harvey Weinstein was convicted of rape, and Kobe Bryant's public memorial was held.

Catch up on the latest market and economic news from Australia and around the world.

77.7% of properties up for auction sold, gap between the Coalition and Labor narrows in latest Newspoll and reporting season enters its final week.

In the coming week, there is a paucity of economic indicators. The highlight is the business investment data on Thursday.

The new S&P/ASX All Technology Index launches next week, China travel ban extended for another week and stocks down on Wall Street overnight.

New record-high closes for the ASX, S&P 500 and Nasdaq, and the International Monetary Fund says "uncertainty is becoming the new normal".

Australia's biggest universities face a $1.2 billion Coronavirus hit, Josh Frydenberg resists calls to remove luxury car tax and HSBC to cut 35,000 jobs globally.

Scott Morrison criticises General Motors for demise of Holden, coronavirus cases in decline but WHO remains cautious and Jeff Bezos pledges US$10 billion to fight climate change.

Catch up on the latest market and economic news from around the world.

Auction clearance rate up again, the financial comfort of metropolitan and regional Australians, and a $6 billion hit to Australia's GDP.

In the coming week, there is a spattering of economic indicators. The Reserve Bank’s laser-like focus on developments in the labour market gives the jobs and wages data top billing for investors.

ACCC chairman Rod Sims criticises Vodafone TPG merger, Australian companies operating in China brace for revenue drop and British chancellor quits less than a month before the next budget.