Trump tariffs in focus for business leaders at Macquarie conference. HMC Capital in talks to re-tenant Healthscope facilities. Regal Partners explains why it abandoned Platinum bid.
Top businesswoman says Liberal Party should have embraced more Trump-style policies, while businessman David Thodey laments Canberra’s lack of ‘vision and an industry strategy for Australia’ in more than 20 years.
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.
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.
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.
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.
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.
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.
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.
Gold record rings alarm bells for the global financial system. ASX ends flat as CBA and gold miners soar. Macquarie shares climb on $2.8bn asset sale to Nomura.
The local sharemarket extended gains in afternoon trade, driven by a sharp rebound in energy stocks and buoyant gold miners. Jobs data won’t push RBA rate cut in May. BHP gains on steady March quarter. Woodside spikes on LNG deal, oil price.
Sigma’s billionaire director cashes in. Star shares down after roller-coaster start. Zip top gainer. BOQ lifts on profit beat. Asian markets red as Nvidia-led falls loom. China warns of US tariff pressures.
Casino giant Star’s accounts reveal line ball call as going concern, CEO’s $12.1m ‘cash guarantee’. Bellevue Gold tanks after discounted raise. Collins down on Taco Bell exit plans.
Tech investors pile in despite Trump exemptions confusion. Property, health stocks also strong gainers. China’s exports surged in March. Future of bank stocks clouded: Citi.
The ASX 200 trimmed a big intraday fall as US stock index futures and US Treasuries reversed early losses. Asian stocks are mixed with the Nikkei 225 down 3 per cent and the Hang Seng index turning up 1.3 per cent. Xi Jinping will visit Vietnam, Malaysia and Cambodia next week for a response to Trump’s 145 per cent tariff war.
Technology and mining stocks lead surge on local bourse. US futures point down after Wall Street’s historic session as Chinese leaders meet to respond to Trump’s 125 per cent hit.
$47bn wiped off ASX as markets react to Trump’s latest tariffs, including a 104 per cent hit on China . AUD has hit new 5-year low below US60c.
ASX roars back to life in best day since November 2023. $A rose over 1 per cent after Monday’s meltdown. China slams Trump’s 50pc more tariff threat as Hong Kong hits out at ‘bullying’. Bets rise on 0.5pc RBA May rate cut.
Trump tariffs trigger GFC echoes as market trims falls. Treasurer warns on recession risk, flags potential 50bp rates cut. Fears of Black Monday-like crash as traders reel from speedy rout. AUD back above US60c.
Key market index now 10 per cent below February 14 record close as tariff fears hit investors. Woodside, Santos lead energy slump. Banks and miners also in the red.
Trump tariff relief as Aussie beef escapes ban, medicines exempt. Asian equities slump as China, Japan urge dialogue. Last-ditch reprieve for Gupta’s InfraBuild. APRA lifts ANZ capital buffer, demands over concerns.
Star pins hopes on Bally’s as refinancing talks with Salter fail. MinRes, founder Chris Ellison slapped with class action. Zip loses in court. US Fed official worried about tariff policy ‘fog’.
RBA board holds cash rate at 4.1pc, ‘did not explicitly discuss rate cuts’ says Bullock as focus shifts to May. ASX lifts 1pc. Housing groups welcome Coalition promise to drop mortgage buffer.
Markets brace for Trump’s ‘Liberation Day’. US recession probability doubles: GS. Nine, Domain fall amid CoStar talks. RBA, ASIC salvo weighs on bourse operator ASX.
ASX ekes out small gain. Election Day is May 3. Bad weather delays Incitec Pivot fertilizer sales. Big east coast gas users back Dutton plan as producers pan it. Virgin clears last barrier on Qatar flights. Star’s Sydney casino licence suspension continues.
Stocks lost ground on US auto tariffs, though US futures have recovered early losses. Nine-controlled Domain preps for due diligence after $2.8bn offer from US group. Tech rout, AusSuper selldown weigh on Richard White-led WiseTech. Reject Shop rockets nearly 110 per cent on Canadian takeover proposal.
Vulcan’s European tick triggers investor rush while Jeanswest goes in administration again. Paladin shares sinks as rain washes away guidance, Whyalla interest boosts BlueScope and rate cut hopes up on Feb inflation fall.
WA miner Gold Road hits record amid standoff with rejected suitor, partner Gold Fields. Regal in recovery mode as Opthea questions remain. James Hardie stays in the red after analyst ratings changes. Budget to reveal worsening debt outlook.
Building products giant James Hardie’s likely paying too much for US buy. Potential loss of CBA contract hits Helia. Regal dives as pharma group Opthea enters suspension amid survival talks.
TWE on watch as US winemakers now push for tariffs on Australia. Rio joins race for billionaire Mark Creasy’s WA project. Woolworths, Coles mark best day in years after ACCC’s damp squib supermarkets report.
Original URL: https://www.theaustralian.com.au/business/trading-day