‘Sombre picture’: Bleak forecast for economy
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
Markets
ASX slips after last tariff update
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Housing market picks up; Brickworks, Soul Patts soar
House prices and auction clearances rose in May. 25 years late, but corporate raider happy with Washington H Soul Pattinson move on Brickworks. Billionaire’s $1bn-plus gaming bid.
Older daters warned of financial pitfalls
Older Australians entering the dating scene are being urged to be “pragmatic” and make sure they have proper plans in place before combining finances.
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ASX bucks global trend on energy stock rebound
A surge in energy stocks and Australia’s major miners has driven the ASX 200 higher.
Energy stocks rebound leads ASX higher
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.
Energy stocks weigh as ASX closes flat; Sigma’s $297m selloff
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.
Popular chain on verge of collapse in Australia
The future of a popular fast food restaurant in Australia is now uncertain, after its operator confirmed it will sell off the chain.
ASX rises on renewed tariff hopes
Major healthcare stocks and the big four banks drive the market into the green on a relatively subdued day of trading.
Star’s big loss; ASX trims gains amid Trump uncertainty
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.
What Trump’s tariff threat means for electronics
Donald Trump has warned that current exemptions on smartphones and electronics are only temporary, with more tariffs on the way. Here’s everything you need to know about the latest tariffs.
ASX 200 surges on tech, mining gains
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.
Grim call after the ASX surges
The Australian sharemarket market will likely remain volatile even after the ASX saw a $116bn rise in one day.
ASX 200 trims falls as Trump, Asian markets await China response
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.
Original URL: https://www.themercury.com.au/business/markets/page/10