Aussie shares slump on trade war fears
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
‘America’s momentum is back’: Trump. Virgin names new CEO. Wong says ‘hill to climb’ on US tariffs. GDP data shows modest green shoots. China sets new growth, deficit goals. Cyclone Alfred looms.
US tariffs, inflation uncertainty clouds outlook, RBA minutes show. HMC down on Healthscope non-payments. Aurizon details hit from OneSteel, Centrex administrations. Star’s liquidity crisis continues.
There’s been another grim update in the saga of embattled gaming giant Star Entertainment, and it means 9000 jobs are moving closer to the edge.
Supermarket giant Woolworths and the major miners have sent the Australian share market down to a new six week low on Wednesday.
Predictions that Donald Trump’s presidency would make everyone rich are faltering, with another slide putting investors on edge.
January underlying inflation rise underscores RBA concerns. Richard White returns to WiseTech as executive chair with long-term plans. Woolworths flags $400m in cost savings by end-2025. Pointsbet soars on Betr’s $360m-plus bid.
The ASX 200 fell on Tuesday as US President Donald Trump confirmed tariffs and major businesses missed the mark during reporting season.
Heavyweight banks, miners down. Johns Lyng’s ‘soft’ results, Domino’s loss trigger investor disappointment. Nine extends restructuring as CoStar circles Domain. Zip guidance beats estimates. WiseTech down. Woodside slams Federal delays.
Bitcoin has slumped 13 per cent in recent weeks, ethereum almost twice as much, and cryptocurrency’s short-term outlook is shaky.
The ASX200 snapped a five day losing streak, but cracks are still appearing as more companies are missing the mark this reporting season.
Investors wipe around $7.54bn from WiseTech amid board woes with founder Richard White. Perpetual sinks KKR deal, hangs ‘for sale’ sign over wealth arm. Iress heavy loser despite swing to profit. Ampol slashes dividends. Underlying earnings up for APA.
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/2