US President Donald Trump flags 15-20pc baseline tariffs for no-deal nations. Wall Street’s S&P, Nasdaq hit new all-time highs amid ‘bubble’ fears. US deal seen as humiliating defeat that will likely weigh on sluggish European growth.
US-EU tariff deal lifts Wall Street, Euro futures, signalling strong start to trading week. Boss Energy guidance weighs as share price hits 2022 lows. WiseTech shares up on internal pick for top job. Tamboran’s sudden CEO exit.
Newmont hauls higher gold grades at Cadia mine in NSW. Whitehaven beats coal guidance as sales jump. Analysts note Macquarie’s ‘deja vu’ on earnings miss. Rich-lister’s latest buy-in caught up in ICAC NSW probe.
Macquarie quarterly profit falls, CFO flags exit. RBA governor cautions on speed of inflation fall. Bapcor sinks on profit warning, board exodus.
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
CBA leads bank losses, offset by gains in miners and CSL. RBA lowers chance of ‘severe’ hit to economy. Insignia’s relief rally as CC Capital’s lower-than-expected $4.80 per share offer lands.
The ASX 200 index fell sharply from a record high as banks are hit by profit taking. Resources outperform. AMP hails super win in volatile market. South32 beats FY25 output guidance. Insignia’s $3.4bn offer yet to materialise as talks continue.
BHP is staring down the barrel of a $2.5bn cost blowout and delays on its big bet on potash that complicate leadership succession plans.
Bullish sentiment boosts local bourse as ASX 200 breaks key chart point. BHP’s FY26 production forecasts more subdued amid Jansen blowout, but CEO upbeat on China. Mesoblast banks first millions from key US product sales.
Cash-strapped Bowen Coking Coal is frantically trying to negotiate a deal over more than $15m owed to its former mining contractor BUMA Australia.
Original URL: https://www.adelaidenow.com.au/journalists/valerina-changarathil