Crispin Odey, one of the UK's richest men, bet his firm's entire $US10.2 billion ($A13.41 billion) assets on a Brexit says he's a winner on the day.
The US Federal Reserve sought to reassure markets that it would provide liquidity as needed, as global markets plunged following a shock Brexit vote.
The British pound touched a 30-year low versus the US dollar and stocks dropped sharply across the globe on fears the Brexit vote could hurt investment.
Global central banks have moved to calm jittery markets after the Brexit vote while the Bank of England pledged STG250 billion to stabilise the economy.
A trip to the UK has become more affordable for Australians, as the Brexit vote causes a sharp plunge in the pound.
The UK's decision to exit the European Union has pulled down all market sectors except for gold stocks.
The Leave campaign has been called as the winner of the historic referendum, with ITV analysts giving a 80 per cent chance of a win.
Shares in a lithium explorer, a commodity used in batteries, have made strong gains in its first session on the market.
World stocks have been routed as Britain voted for an EU exit, with the sterling suffering a historic fall; European shares were down 7.5 pct.
The Shaver Shop has launched a $98 million share market float to help fund its future growth plans.
The strong residential construction market is expected to support demand for CSR's building materials products.
Heavy losses are expected on major financial markets amid investors concerns about the economic ramifications of Britain leaving the European Union.
Catherine Brenner has been appointed chairman of wealth manager AMP Ltd to replace the retired Simon McKeon.
Shipbuilder Austal has won a contract worth around $100 million to build a commercial passenger ferry for a Danish firm.
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