Aussie shares slump on tariffs, Wall St woes
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.
Markets
ASX dives to two-month low; Star tumbles as seeks funds
ASX briefly erased its year-to-date gain as tariff fears and risk aversion hit global markets. Star shares drop 15 per cent as it looks at liquidity proposals. Endeavour down as profit falls. Australia Post profit jumps.
Star Entertainment enters into trading halt
The embattled Star Entertainment Group has failed to lodge its half-yearly results with the ASX.
Coles, Qantas drive the ASX higher
Market heavyweights Coles, Qantas and Medibank soared on the back of a better than expected reporting season, helping the local sharemarket on Thursday.
More Stories
ASX ends higher; Gupta biggest Whyalla creditor
Sanjeev Gupta’s GFG Alliance owed $500m from Whyalla collapse. Business investment unexpectedly falls in December quarter. Qantas rewards investors with dividend. Jobs to go as Oceania Glass Dandenong shuts.
ASX slides on Woolworths, Platinum results
Supermarket giant Woolworths and the major miners have sent the Australian share market down to a new six week low on Wednesday.
‘Too far, too fast’: Bitcoin slide terrifies
Predictions that Donald Trump’s presidency would make everyone rich are faltering, with another slide putting investors on edge.
ASX ends flat amid rate concerns; ASIC to probe WiseTech saga
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.
ASX falls on latest Trump tariff news
The ASX 200 fell on Tuesday as US President Donald Trump confirmed tariffs and major businesses missed the mark during reporting season.
ASX extends falls; Johns Lyng, Viva lead losses; Zip surges
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.
Why bitcoin has cracked since Trump took office
Bitcoin has slumped 13 per cent in recent weeks, ethereum almost twice as much, and cryptocurrency’s short-term outlook is shaky.
ASX snaps five day losing streak
The ASX200 snapped a five day losing streak, but cracks are still appearing as more companies are missing the mark this reporting season.
ASX 200 ends tad higher; investors punish WiseTech
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.
‘Left behind’: Warning for Gen Z on WFH
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?
Original URL: https://www.ntnews.com.au/business/markets