The S&P 500 is nearing a record high, a stark contrast to just two months ago when it was teetering on the edge of a bear market. On Wednesday, the …
Stock Exchange
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- Finance
Oil Prices Soar as Wall Street and Global Markets Retreat Following Israel’s Attack on Iran
by adminOil prices surged while stock markets fell on Friday following Israel’s attacks on Iranian nuclear and military sites, significantly escalating the risk of conflict between the two nations and heightening …
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On Tuesday, US stock markets enjoyed an upward trend, buoyed by a positive inflation report indicating a surprising slowdown in price increases across the country last month. The S&P 500 …
- National
ASX Plummets by $53 Billion in Early Trading Amidst China’s Struggle with US Tariffs
by adminThe Australian Securities Exchange (ASX) has experienced a significant downturn today, with $53 billion lost in early trading as the ramifications of US President Donald Trump’s tariffs reverberate through the …
- National
Expert Warns: Bloodbath in Stock Market Could Already Affect Australian Superannuation Balances
by adminThe recent turmoil in the Australian stock market has significantly impacted retirement funds, with the average superannuation balance feeling the strain of one of the most severe declines since the …
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The Australian Financial Review reports that concerns about a potential recession in the US could result in a staggering loss of over $114 billion today. Last Friday, Australian shares plummeted, …
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Wall Street is currently experiencing significant turmoil, largely due to a series of inconsistent tariffs, government layoffs, funding cuts, and increasingly stringent immigration policies associated with US President Donald Trump’s …
- World
Trump Freezes Tariff Increases on Canadian Metals Following Ontario’s Suspension of Electricity Price Rises
by adminOn Tuesday, President Donald Trump threatened to escalate tariffs on steel and aluminium imports from Canada from 25% to 50%. This prompted the Ontario government to halt its planned electrical …
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The Australian dollar has plummeted to a two-year low, buying approximately 62 cents against the US dollar, following the Federal Reserve’s latest interest rate cut of 0.25 per cent. This …
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Recent research indicates that major building companies in Australia face significant risks of becoming “zombie companies,” largely due to escalating costs and labour shortages. Data from KPMG Australia highlights a …