Casino operator’s deal with Hong Kong partners to help avoid administration. Ex-dividend trading, oil price slide weigh on bourse. Insurers face $2bn-plus hit from Cyclone Alfred. APRA moves to tighten financial board rules.
US President Donald Trump is downplaying the fallout from his tariffs, suggesting he will push on with his aggressive trade policy. This isn’t good news for markets.
‘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.
It’s hard to be bullish on stocks as the Trump administration pushes ahead with tariffs and other nations fight back in what could be the start of a tit-for-tat trade war that’s bad for economic growth.
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.
A volatile reporting season for corporate Australia is leading analysts to reassess the likely timing of the long-anticipated profits rebound.
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.
From China to Europe, and Mexico to Canada, the tariff headlines came thick and fast out of the US this week.
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.
The latest results and outlook from the US tech giant and leading AI chipmaker were hard to fault, but they left plenty yearning for more.
Original URL: https://www.theaustralian.com.au/author/david-rogers/page/4