‘Staggering’ $2.4 trillion erased on tariffs
Australia’s sharemarket has plunged again after global markets continued to sell-off overnight on fears the US tariff policy could be the start of a recession.
Australia’s sharemarket has plunged again after global markets continued to sell-off overnight on fears the US tariff policy could be the start of a recession.
The sharemarket has been smashed after US President Donald Trump announced a 10 per cent tariff on Aussie imports, but there is a silver lining,
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
A major US company has made a shock offer for troubled gaming giant Star Entertainment and it could transform the futures of three Aussie cities.
The ASX 200 has lost $200bn in just three weeks as the impact of US President Donald Trump’s brutal tariffs reverbate through markets.
A trio of stronger than expected economic data was not enough to stop Australia’s share market trading heavily in the red on Thursday.
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
The ASX 200 followed the US markets trading deep in the red on the back of the latest announcement by President Donald Trump on trade tariffs.
The Reserve Bank concedes there is still uncertainty around Australia’s cost of living and has hinted what its next move on rates will be.
The Australian share market has been boosted on Monday from strong figures out of China and a resilient Wall Street.
The local stock market tanked on Friday on the back of a Wall St bloodbath and a new Trump tariff threat that sent the big miners into a tailspin.
Market heavyweights Coles, Qantas and Medibank soared on the back of a better than expected reporting season, helping the local sharemarket on Thursday.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/6