Australian stocks suffered substantial losses this morning, shedding $35 billion in value as international markets reacted to sweeping tariffs imposed by US President Donald Trump. The S&P/ASX 200 Index plummeted …
Stocks
-
- Politics
Global Markets Plunge as Trump’s Latest Tariff Moves Intensify Risk of Widespread Trade War
by adminThe S&P 500 experienced a notable decline of 3.3 per cent in early trading on Thursday, with the Dow Jones Industrial Average plummeting by 1,150 points and the Nasdaq composite …
- World
Tesla Sales Decline 13% in Q1 Amidst Elon Musk Criticism and Waning Demand for Older Models
by adminIn the first quarter of the year, Tesla experienced a 13% drop in sales, highlighting challenges faced by the electric vehicle manufacturer, led by CEO Elon Musk. This downturn stems …
-
As the much-anticipated “Liberation Day,” proclaimed by US President Donald Trump, approaches, global stock markets are witnessing significant declines. On Wall Street, the S&P 500 has fallen 1.3% after experiencing …
-
An Australian superannuation fund, Active Super—previously known as the Local Government Superannuation Scheme—has been fined $10.5 million due to greenwashing practices. The Federal Court determined that the fund misled both …
-
Despite a glimmer of positive news regarding the US economy, the stock market continued its downward trajectory on Thursday, with the S&P 500 declining by 1.5% in afternoon trading. This …
- 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 …
-
Wall Street is experiencing significant turmoil following President Donald Trump’s recent intensification of trade tensions, which has led to a sharp decline in the US stock market — the indices …
- Politics
US Stock Sell-Off Deepens as Wall Street Ponders How Much Pain Trump Will Endure for the Economy
by adminThe recent downturn in the US stock market has intensified, with Wall Street expressing concerns over President Donald Trump’s approach to economic stability and his willingness to allow pain for …
- Finance
Star Entertainment Fails to Secure Sale of Stake in $3.6 Billion Queen’s Wharf Project
by adminStar Entertainment has yet to secure an agreement to divest its stake in the Queen’s Wharf development in Brisbane, valued at $3.6 billion. Reports from the Australian Financial Review indicate …