US stocks have closed lower as investors digested new threats of tariffs by US President Donald Trump.
Chibuike Oguh
Worries about the US's debt pile continue to drive global investors, leading the greenback for a weekly fall and keeping long-dated Treasury yields elevated.
Naomi Rovnick and Stella Qiu
The ASX200 eked out a small gain on a quiet day of trading on Friday following US President Donald Trump’s latest announcement.
Cameron Micallef
While mortgage holders will be cheering on lower rates, Australian savers will once again get smashed by the latest RBA announcement.
An iron ore hopeful led by Perth mining executive David Flanagan remains locked in a trading suspension as the Guinea Government moves to reclaim tenements in the resources-rich country.
Simone Grogan
Henderson naval shipbuilder Austal has picked former Credit Suisse Australia boss Richard Gibb to join its board as a non-executive director.
Cheyanne Enciso
The Australian share market has risen for five of the past six weeks, but risks remain in the form of weak global growth, trade tensions and soaring US debt.
Adrian Black
Myer has posted a mixed trading update, with a better performance from its chain of department store but a big drop in sales from its newly acquired Apparel Brands fashion portfolio.
Daniel Newell
Dow and S&P 500 finish flat while Nasdaq up 0.28 per cent;Alphabet hits nearly three-month high; Solar stocks fall on fears of subsidies ending.
Australia’s sharemarket dipped after setting a 50-day high, with growing unease over US spending plans sparking a cautious turn among global investors.
Andrew Hedgman
Bunnings is eyeing a market worth over $100 billion as the hardware giant pushes deeper into automotive products following the success of its move into pet goods and cleaning products.
Wesfarmers boss Rob Scott says this week’s rate cut is welcome news but it will take time to seep into consumer spending, warning many low income workers are ‘still doing it tough’.
Chinese fashion phenomenon Shein continues to rise in popularity in Australia, with Gen Z and Millennial shoppers fuelling the boom.
Duncan Evans
A "Sell America" attitude continues to haunt debt markets, while caution has dominated global shares before a key vote on President Donald Trump's tax plans.
Marc Jones
Worries about US debt in the wake of its latest credit downgrade is weighing on global equities and sparking selling on the local bourse.
Fortescue is now confident its Iron Bridge magnetite mining operation can run at full tilt by the 2028 financial year, five years after the problematic project produced first concentrate.
Adrian Rauso
Wesfarmers has revealed it expects to book a $60m loss for its share of the Covalent Lithium joint venture this year as it concedes prices for the key battery metal will remain depressed in the short term.
US stocks have closed lower, with investors shedding shares in information technology and consumer discretionary firms.
A new record high for Australia’s largest bank as well as strong gains in the energy and healthcare sector helped drive the share market to a three-month high.
European shares have opened lower and the greenback has suffered from a flight to safe havens as the US's debt load continues to worry investors.
Lawrence White
Australia's banks have helped push the local stock market higher as the nation's most valuable company notches a share price record.
One of Australia’s leading economists has called out US President Donald Trump’s tariff policy and given a reason why it won’t work.
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
Westpac is planning to cut more than 1500 jobs in the bank’s biggest redundancy in a decade as it strives to meet ambitious cost reduction targets.
Bloomberg
