Markets

LATIKA M BOURKE: Day 11 of the Federal election campaign and one thing is certain: Albo has no clear answers for what he will do in the coming years. He is certain only that there will be uncertainty.   

The Australian stock market is staging a cautious rebound after yesterday’s horror show handed local investors the worst drop on the S&P-ASX200 since the early days of the pandemic in May 2020.

Peter Dutton has seized on the current global uncertainty to claim Labor will lead Australia into recession if re-elected, after Prime Minister Anthony Albanese failed to rule out the worst-case scenario. 

The further prices fall, the greater the risk of a “doom loop”.

US President Donald Trump has issued an ominous threat to the People’s Republic of China, warning President Xi if action is not taken by Wednesday, ‘all talks’ between the two nations will be ‘terminated’.

The Australian stock market is set to open higher following a wild ride on US indexes overnight, as US President Donald Trump dug in his heels on tariffs, warning he could further increase levies on China.

The S&P-ASX200 pared back a wild 6.14 per cent fall on opening today to finish 4.23 per cent lower - still its biggest decline since May 2020.

With US tariffs of 25 per cent looming, South Korea is preparing support measures for industries that are expected to be hit the hardest.

US President Donald Trump has addressed the global market bloodbath, saying he doesn’t ‘want anything to go down’ but claimed sometimes you need to ‘take medicine’.

Tariff-stunned markets face another week of potential tariff turmoil, with fallout from President Donald Trump’s sweeping import levies keeping investors on edge after the worst week for US stocks in five years.

One of the UK’s biggest car producers has sensationally announced it is pausing shipments to the United States as it works to mitigate the effect of a 25 per cent tax on vehicle imports.

A baseline 10 per cent levy announced by US President Donald Trump has begun being collected at ports of entry across the United States.

Finance Minister Katy Gallagher says tariffs are not ‘the way forward’, opening up about the next steps the Albanese Government will take as it tries to stem the fallout.

There could be a silver lining for struggling mortgage holders, as experts sound the alarm on US President Donald Trump’s aggressive tariff pledge.