Trade war, recession fears wipe $110b from markets
Australian shares have resumed their downward spiral after China hit back against US tariffs, and market researchers suggest further volatility is ahead.
stocks
Selloff eases as China’s DeepSeek triggers AI rethink
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.
Fallen star: $500 million wiped from Star on ASX
The value of Star Entertainment has plummeted on the ASX after $500 million dollars was slashed from the casino giant's worth as its shares were unfrozen
Property giant Mirvac warns of ‘challenging’ conditions
Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.
Transurban eyes raising dividend as toll traffic rises
Transurban says it expects to raise its 2024/25 distribution by five per cent, after making $2.6 billion in operating earnings in 2023/24.