China has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump’s sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
The ASX 200 closed marginally lower during Tuesday’s trading as the major banks and healthcare drag the market down.
Trump tariffs in focus for business leaders at Macquarie conference. HMC Capital in talks to re-tenant Healthscope facilities. Regal Partners explains why it abandoned Platinum bid.
Top businesswoman says Liberal Party should have embraced more Trump-style policies, while businessman David Thodey laments Canberra’s lack of ‘vision and an industry strategy for Australia’ in more than 20 years.
Aussies love it, as made apparent on Saturday, but economists say it will ruin Australia’s housing market – either way, it now has to happen, or Albo be damned.
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
Stocks rise as China’s official statement after US outreach on trade talks signals thawing in relations. Block, Corporate Travel shares dive on tariff uncertainty. CBA hits new intraday, closing records.
Could CBA’s surge be linked to another short trade? Shares in Platinum and L1 Capital rise on talks for an $18bn merger. Mining and energy declines weigh.
Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.
Billionaire Chris Ellison-led mining giant a top gainer. ASX 200 rebound ‘looks vulnerable’: UBS. Endeavour taps former Virgin fix-it CEO. Tripp’s Betr lobs ‘funded’ bid for PointsBet.
Gen Z and Millennial voters are now the largest voting block in Australia and a new poll has delivered a clear warning to the major parties about what they want.
Lynas talks up opportunity in China-US fight. Bega preps for Fonterra deal. James Hardie allays governance concerns. Tariff impacts weigh on Flight Centre, Brambles. Telix down on FDA blow.
Households will get a rate cut in May regardless of April’s inflation reading, one major bank’s chief economist has boldly declared.
The ASX 200 closed a shortened trading week in the green, following talk the US is considering stepping back on its tariff policies.
Original URL: https://www.goldcoastbulletin.com.au/business/markets