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ASX set to fall as Wall Street tumbles

ASX set to fall as Wall Street tumbles

Worries are building about a potentially toxic mix of worsening inflation and a US economy slowing because of households afraid to spend due to the global trade war.

  • by Stan Choe

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Trump’s ‘Liberation Day’ overshadows Reserve Bank’s rate call

Trump’s ‘Liberation Day’ overshadows Reserve Bank’s rate call

The US president’s threat to treat Australia’s 10 per cent goods and services tax as a trade impediment has been branded as ‘ridiculous’ by economists.

  • by Jacob Shteyman
ASX closes in the green as big miners and energy stocks gain

ASX closes in the green as big miners and energy stocks gain

The Australian sharemarket ended the day in positive territory on Friday, despite Wall Street’s benchmark index sliding lower in a rocky session overnight.

  • by Gemma Grant
ASX falls as banks, tech stocks decline; Reject Shop soars on takeover bid

ASX falls as banks, tech stocks decline; Reject Shop soars on takeover bid

The Australian sharemarket has finished in the red as fresh tariffs on cars made outside America ended a brief reprieve from White House trade policy angst.

  • by Staff reporter
Has Trump’s America become a hostile place for tourists?
Analysis
Tourism

Has Trump’s America become a hostile place for tourists?

I’m starting to wonder if foreign tourists are still welcome, after several cases of international visitors being detained in questionable circumstances.

  • by Chris Bryant
ASX notches up another win as inflation fears ease

ASX notches up another win as inflation fears ease

Better-than-expected local inflation numbers and bullish sentiment in the US have helped the Australian sharemarket keep moving in the right direction.

  • by Staff writers
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Trump’s crypto empire launches a new digital currency

Trump’s crypto empire launches a new digital currency

The Trump family’s crypto business is expanding quickly, sparking concerns the president is making moves that could significantly boost his personal wealth while in office.

  • by Alan Suderman
ASX runs out of puff ahead of budget night as banks, miners wilt

ASX runs out of puff ahead of budget night as banks, miners wilt

The Australian sharemarket gave up most of its early gains to close flat ahead of federal budget night, despite local tech stocks posting a solid session.

  • by Staff writers
ASX in the slow lane with big banks the only bright spot

ASX in the slow lane with big banks the only bright spot

The Australian sharemarket has made a sedate start to the week, with investors in a cautious mood ahead of the US tariffs deadline, and mining giants down on subdued prices.

  • by Gemma Grant and Staff writers
ASX closes higher as Coles, Woolies surge after ACCC report

ASX closes higher as Coles, Woolies surge after ACCC report

Woolworths and Coles shares surged, after the competition regulator found they were among the most profitable supermarkets in the world.

  • by Gemma Grant
‘Skunk at the party’: The 86-year-old billionaire who predicts Wall Street crashes

‘Skunk at the party’: The 86-year-old billionaire who predicts Wall Street crashes

Jeremy Grantham has earned a reputation as a doom-monger in financial circles for his warnings over sharemarket bubbles. No one is laughing at him now.

  • by Michael Bow

Original URL: https://www.smh.com.au/business/markets