Australia’s biggest healthcare, banks and tech companies led the market falls, as Trump enacted two pieces of legislation that rattled Asian markets.
Cameron Micallef
While Australia dodged the worst of America’s trade war, experts warn the fallout will still impact everything from mortgages to medicine costs.
The ASX200 has fallen 0.8 per cent after the US imposed higher tariffs on more than 60 of its trading partners, while the Aussie dollar has hit a two-month low.
Derek Rose
A major deal that would have been a lifeline for struggling casino operator Star Entertainment has fallen through.
Blair Jackson
Australia’s tariff rate will hold at 10 per cent, avoiding the fate of multiple other countries that now face new, higher taxes from US President Donald Trump.
Duncan Evans
US stocks closed lower after a bumper earnings report from Microsoft sent shares rocketing.
Staff Writers
Australian shares have recorded their fourth straight monthly gain despite mining giants taking a hit after Rio Tinto posted its lowest profits since 2020.
The ASX200 has fallen 0.16 per cent as copper prices plummeted following a surprise tariff decision by President Donald Trump's White House.
US stocks have closed mostly lower as investors digested comments from the chair of the country's central bank.
Chuck Mikolajczak
The ASX200 has jumped to within touching distance of an all-time high on the back of market friendly inflation data released on Wednesday.
Analysts will look for signs of a broader consumer recovery during the August earnings season, noting rate cuts have helped ease cost-of-living pressures but the impact on spending had so far been moderate.
Cheyanne Enciso
Protesters tried to confront the CEO of South Australian oil and gas giant Santos on Wednesday, demanding money to clean up the state’s algal bloom disaster.
The ASX200 rose 0.6 per cent after quarterly inflation came in slightly under expectations, paving the way for an August rate cut.
European stocks are flat and gains on Asian markets have petered out as investors keep cautious before a Fed meeting and Donald Trump's tariff deadline.
Samuel Indyk and Gregor Stuart Hunter
Star Entertainment Group says it is unlikely to finalise an deal to sell its half-stake in a Brisbane entertainment complex by Thursday's deadline.
Mineral Resources capped off a tumultuous financial year by reaching revised iron and lithium targets, but a mountain of debt still casts a shadow over the Chris Ellison-led company.
Daniel Newell and Adrian Rauso
The RBA’s next interest rate cut hangs on Wednesday’s crucial inflation figures, with economists predicting the magic number that could lead to rate relief for millions of Aussies.
US stocks have closed lower as investors monitor corporate earnings results and a Federal Reserve meeting.
ASX clawed back early losses to finish slightly higher on Tuesday, as patient traders wait for key economic data to be released on Wednesday.
WA biotech Emyria will deliver its MDMA-based therapy aimed at treating post-traumatic stress disorder to Brisbane patients after inking a deal with a national mental health hospital operator.
A rebound in European stocks has offset lower Asian markets, while relief over the US-EU trade deal turns to caution about the Trump tariffs' potential impact.
Nell Mackenzie and Wayne Cole
The ASX200 has climbed into the green in session's final hour, with traders seeming to tread carefully ahead of an important consumer price report.
Sir Michael Hill, founder of his eponymous jewellery brand, has died aged 86.
By assuming operating control of east coast’s Australia most important energy source from ExxonMobil, Woodside takes responsibility for the Bass Strait gas production assets and associated gas plants.
Sean Smith
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