For reform’s sake, business must embrace new approach
The silver lining for business is Albanese’s decisive win and new confidence gives Labor room to take risks, including a more ambitious economic agenda.
Markets
What’s in a brand? America Inc tests for ‘Trump tarnish’
Some of America’s biggest corporate names such as McDonald’s, Coca-Cola and Apple are working on strategies to avoid getting caught up in the global anti-Trump blowback.
Trade deal hopes extend exceptional stocks rebound
Nomura says global equity investors are increasingly lookingbeyond the shores of the US to diversify portfolios and capture growth opportunities elsewhere.
Magellan co-founder blasts ‘shameless’ free-trade propaganda
Chris Mackay appears to have taken a veiled swipe at China for promoting itself as a supporter of free trade while at the same time dumping goods around the globe.
Is the Wall Street rebound for real or a dead cat bounce?
Stagnant GDP, corporate distress, consumer panic and supply chain chaos increase the likelihood of Trump relenting on tariffs so there’s a contrarian opportunity to invest in a potential rally.
CBA’s record breaking day; US-China positive signals lift stocks
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.
‘Turn back the trains’: How Trump tariff blitz is hitting home
The CEO of US aluminium giant Alcoa is at the very front lines of a global trade war. Bill Oplinger has offered a revealing insight on navigating the new world.
Calm in markets belies fears of storm to come
Markets have recovered from massive falls but the uneasy calm of recent days may prove unsustainable with a period of economic scarring likely.
Judo shares smashed as investors chase CBA
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.
Contrarian shows there’s money to be made from market chaos
Global markets are in turmoil but not everyone is in a state of panic and MFS Investment Management’s Zahid Kassam is making the most of the stock volatility.
ASX hits two-month high as investors eye May rate cut
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.
Aussie shares on rebound now vulnerable to earnings downgrades
Analysts say the strong performance of the sharemarket faces a reality check, and the lofty valuations of the big banks in particular will be scrutinised as earnings reports come in.
ASX 200 soars to two-month high; Boss Energy, MinRes surge
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.
ASX review ‘won’t restore Hardie trust’
The building products giant remains under attack from shareholders over its $14bn deal to buy US rival Azek, amid concern new governance pledges may fail to placate investors.
NZ’s ‘extraordinary’ move delivers Aussie banks big legal win
A move impacting the nation’s biggest class action signals a much closer relationship between business and PM Chris Luxon.
ASX 200 rises; CBA only Big Four in the red
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.
James Hardie waiver backlash spurs ASX review
ASX boss Helen Lofthouse says the market operator has listened to the concerns of aggrieved James Hardie shareholders over the company’s pursuit of Azek and a US listing.
‘Captain Condor’ has the power to move markets
Meet the five-minute options trader who built an online community – including Australians – that can now move markets in the US.
Election result unlikely to rattle local markets
Markets may breathe a sigh of relief as political uncertainty abates after the federal election with the incumbent Australian Labor Party now favoured to retain power.
‘Waste of time’ to be active in large caps
Microcap specialists Tim Canham and Wik Farwerck are days away from launching a new fund that counts star stockpicker David Paradice as an early investor.
The beaten-down stocks finding favour with Forager
Top-rated fundie Steve Johnson says volatility is ‘ammunition for some new ideas’ and still sees plenty of opportunities to make money in some overlooked parts of the market.
Albanese’s woolly pricing signals on critical minerals
Just like the great wool stockpile of the 1990s, a mountain of government-owned rare earths can do more damage to a fragile market.
Finally, some good news as RBA tipped to cut rates in May
Economists are locking in forecasts for another interest rate cut by the Reserve Bank next month as the trade war sparked by US tariffs hikes threatens to derail the global economy.
Tariffs up, tariffs down …Trump meets his match: the markets
Donald Trump insists his U-turns on tariffs are part of a long-term plan to force countries to strike trade deals. But in each scenario, he was presented with evidence that his decisions would cause chaos on Wall St.
May rate cut ‘locked in’; ASX plots strong finish before Anzac Day break
Westpac’s Luci Ellis predicts rate cuts in May, Aug, Nov. Miners lead local gains. Mixed Asian markets reflect Trump trade uncertainty amid softening stance on China.
ASX plunge rips through fund returns
More than 85 per cent of Australia’s equity funds are in negative territory in the three months to the end of March in what has been the ASX’s worst start to the year since the pandemic.
Stock pickers come out second best in Trump’s wild ride
Hedge funds were torched, and long fund managers underwhelmed, adding to the pressure stock pickers find themselves under.
CBA shares hit record high as mystery short waves white flag
Who was responsible for a Commonwealth Bank short position on Tuesday which sparked a massive 4.2 per cent rise in its shares? If anyone knows, they’re not saying yet.
Musk flips the switch to Tesla rescue mission
Billionaire Elon Musk says he’ll have more time for Tesla and pushing for lower tariffs as he scrambles to move from MAGA waste slasher, back to a visionary tech boss. But is it too late?
ASX 200 mostly erases April tariff losses; gold miners dive
Trade deals optimism rises as US President Donald Trump softens stance on China, Fed chair Jerome Powell. Paladin top gainer. Safe-haven gold pulls back from its record high.
Original URL: https://www.theaustralian.com.au/business/markets