US stocks wiped out, Trump recession looms
US stocks have plummeted in the worst day since 2020, as the global tariff war heats up and Donald Trump doesn’t rule out a recession.
Markets
Aussie giant’s big move to get rich in Africa
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
US casino giant makes last-ditch Star bid
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.
ASX extends falls; Polynovo plummets on boardroom drama
Troubled Star finally strikes Queen’s Wharf deal, saves 2700 jobs. Insignia soars as Bain, CC Capital lift offers. PolyNovo’s internal turmoil trims under-scrutiny chair’s fortunes as shared sink 13pc.
More Stories
ASX falls 0.6pc on tariff uncertainty
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.
Star fiasco worsens, 9000 jobs on the line
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.
Whyalla losing $1.5m per day; ASX rises
Creditors meeting hears Sanjeev Gupta’s former steelworks owes $1.35bn after posting a loss of $319m in the seven months to January. ASX a sea of green with all sectors rising. Insurers fall on cyclone threat.
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.
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.
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.
Original URL: https://www.ntnews.com.au/business/markets/page/2