Australian, Asian markets slide on Trump tariff chaos
Global equities are selling off after US tariffs came in more hawkish than expected, sending dread through markets and global growth expectations.
Global equities are selling off after US tariffs came in more hawkish than expected, sending dread through markets and global growth expectations.
The Australian share market has closed lower but recovered from an early bloodbath after worse-than-expected US tariffs spooked investors.
Beijing is slapping levies on all US products in retaliation to President Donald Trump as his tariffs rock world markets and fuel fears of a global downturn.
Wall Street has shuddered to a level of shock unseen since COVID-19's outbreak over worries about the economic damage of Donald Trump's latest set of tariffs.
Equity markets are a sea of red following US President Donald Trump's "Liberation Day" tariff announcements and their likely impact on global growth.
US stocks closed for their worst week since 2020 after China retaliated against US President Donald Trump's tariffs.
Australians are being urged not to panic about their retirement incomes after Donald Trump's trade war sent global markets into a tailspin.
Australian shares are heading towards a second straight quarter of losses for the first time since 2022 as incoming tariffs increase the risk of a US recession.
The Australian share market has resumed its downward trend, after dropping sharply in early trading and recovering a little in the wake of a US market sell-off.
Global growth fears and trade war uncertainty continue to drive markets lower, with the local bourse losing a tenth of its value in less than four weeks.
Australian shares have edged higher as a new trading week begins, but it could be a bumpy time ahead with ongoing uncertainty over US tariffs and global growth.
Casino operator Star Entertainment is considering a new pathway out of its eye-watering debts, but it will mean handing the keys to a US casino giant.
Australian shares have continued their downward trajectory as US protectionism escalates global tensions and drives market uncertainty.
The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.
The ASX200 has finished 1.2 per cent lower to make February its worst month in more than two years after US President Donald Trump's call on tariffs.
The ASX200 has finished marginally higher at its best-ever level and set an intraday record amid a spate of corporate earnings reports.
The ASX200 has finished up 0.6 per cent to close at its highest level after CBA, Suncorp and AGL all beat earnings forecasts.
The ASX200 has fallen after US President Donald Trump said he would impose new levies on steel and aluminium imports.
The ASX200 had been up by as much as 0.8 per cent in early trading but closed slightly lower as US President Donald Trump's levies begin on China.
The ASX200 has hit a new high in intraday trading and finished just under its all-time closing record amid optimism the RBA will cut rates at its next meeting.
The ASX200 has risen almost half a per cent to finish at its highest-ever level and end January up 4.6 per cent from where it started.
Billions of dollars have been wiped from the Australian share market as it plunged to its worst loss in four months and the dollar fell to a near five-year low.
Chinese startup DeepSeek is making waves after launching a free AI assistant it says uses less data at a fraction of the cost of incumbent firms' models.
More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.
The ASX200 fell on Friday but finished the week 0.5 per cent higher, recovering from a slight fall during the previous five days of trading.
The ASX200 hit a four-week high after a report of cooling inflation raised hopes for Australia's first interest rate cut in four years.
The ASX200 has closed half a per cent higher as trading resumes following the New Year's Day holiday.
The ASX200 dropped 0.9 per cent on the final day of trading to finish 2024 up 7.5 per cent - an underperformance compared to its global peers.
A surprise fall in the Australian dollar to around 62 US cents could put a dent in travellers' pockets over Christmas after US markets got the wobbles.
There's a sense of euphoria among Aussie crypto enthusiasts after bitcoin broke through the $US100,000 level, and many believe the rally is just beginning.
The ASX200 finished up as bitcoin smashed through the $US100,000 mark for the first time and markets took a lead on possible rate cuts in the US.