Market updates


 Reserve Bank Maintains Confidence in Economic Stability Amid Global Trade Uncertainty

Reserve Bank Maintains Confidence in Economic Stability Amid Global Trade Uncertainty

April 11, 2025 02:26 PM AEST| By Team Kalkine Media

Highlights,Reserve Bank governor affirms Australia’s economic resilience despite tariff-related market turbulence,Treasurer emphasizes strength of domestic systems and continued coordination with trade partners,Election timing may limit formal agreem...

 ASX Midday Sector Snapshot: Consumer Staples Edges Higher as Energy Sector Declines

ASX Midday Sector Snapshot: Consumer Staples Edges Higher as Energy Sector Declines

April 11, 2025 02:20 PM AEST| By Team Kalkine Media

Highlights:,Consumer Staples sector showed modest midday gains on the ASX.,Energy sector trended lower amid broader market movements.,Mixed performance observed across other key sectors.,The Consumer Staples sector on the Australian Securities Exchan...

 Australia Advances Deep Space Capabilities with New Antenna Construction Near Canberra

Australia Advances Deep Space Capabilities with New Antenna Construction Near Canberra

April 11, 2025 02:20 PM AEST| By Team Kalkine Media

Highlights,Groundbreaking begins on new deep space antenna at NASA’s Canberra complex,The facility is part of NASA’s exclusive global Deep Space Network trio,The new structure will support future missions with advanced communication systems,Australia...

 ASX Slips as Energy and Healthcare Weigh Down Broader Market

ASX Slips as Energy and Healthcare Weigh Down Broader Market

April 11, 2025 02:17 PM AEST| By Team Kalkine Media

Highlights:,Energy and healthcare sectors lead declines on the ASX,Biotech and oil majors experience notable downturns,Gold miners post gains amid broader market weakness,The Australian sharemarket experienced a broad-based retreat during midday trad...

 Escalating Trade Tensions Pressure Asian Markets Amid Sharp Equity Declines

Escalating Trade Tensions Pressure Asian Markets Amid Sharp Equity Declines

April 11, 2025 02:09 PM AEST| By Team Kalkine Media

Highlights:,Asian equities experienced broad-based declines amid deepening trade conflict between the US and China,Japan's Nikkei index recorded a steep downturn alongside volatility in foreign exchange markets,Stock fluctuations across Australia, So...

 Asian Equities Retreat Amid Tariff Concerns and Safe-Haven Surge

Asian Equities Retreat Amid Tariff Concerns and Safe-Haven Surge

April 11, 2025 02:07 PM AEST| By Team Kalkine Media

Highlights:,Asian stock markets declined sharply following renewed tariff-related concerns,Japanese benchmark index recorded a significant drop after a prior surge,Safe-haven assets such as gold and the yen gained amid economic uncertainty,Asian equi...

 Potential buyers are showing interest in HotCopper and its Canadian counterpart, Stockhouse.

Potential buyers are showing interest in HotCopper and its Canadian counterpart, Stockhouse.

April 11, 2025 01:30 PM AEST| By Team Kalkine Media

Highlights,Gumtree Australia Markets operates key platforms in the capital markets sector, including a widely used investor forum.,The company has received unsolicited approaches regarding its capital markets businesses, with internal discussions ong...

 ASX Slides as Renewed China Tariffs Shake Markets; Gold Miners Shine Bright

ASX Slides as Renewed China Tariffs Shake Markets; Gold Miners Shine Bright

April 11, 2025 12:49 PM AEST| By Team Kalkine Media

Highlights,ASX drops after latest China tariff hike,All 11 sectors open in the red,Gold producers rally amid market volatility,The Australian Securities Exchange (ASX) experienced a sharp downturn following renewed pressure from US-China trade tensio...

 ASX Tumbles as Global Markets React to Rising Tariffs; Gold Miners Shine Bright

ASX Tumbles as Global Markets React to Rising Tariffs; Gold Miners Shine Bright

April 11, 2025 12:38 PM AEST| By Team Kalkine Media

Highlights,ASX drops 1.4% as global market sentiment weakens.,Energy and tech sectors lead the market downturn.,Gold miners rally on record bullion prices.,The Australian sharemarket experienced a broad decline on Friday, mirroring volatility on Wall...

 Trump's Tariff Bombshell Shakes Markets: Opportunity or Orchestration?

Trump's Tariff Bombshell Shakes Markets: Opportunity or Orchestration?

April 11, 2025 12:30 PM AEST| By Team Kalkine Media

Highlights:,Major tariffs on Chinese imports reshape trade relations and impact global supply chains,Select industry sectors show resilience while others decline amid policy volatility,ASX 100 sees notable gainers and losers as markets react to trade...

 Australian Market Dips Sharply Amid US-China Trade Tensions

Australian Market Dips Sharply Amid US-China Trade Tensions

April 11, 2025 12:21 PM AEST| By Team Kalkine Media

Highlights,ASX 200 slips over 2% in early trade.,All 11 sectors,open,in negative territory.,Major banks, miners, and healthcare stocks see heavy losses.,Australian shares faced a broad-based decline in early trading, as global investor sentiment weak...

 Aussie Dollar Surges as US Dollar Faces Steepest Decline Since 2022

Aussie Dollar Surges as US Dollar Faces Steepest Decline Since 2022

April 11, 2025 12:18 PM AEST| By Team Kalkine Media

Highlights,Australian dollar bounces back strongly,US dollar suffers steepest drop since 2022,Market volatility tied to US fiscal developments,The Australian dollar staged a sharp comeback, rising above US62¢ for the first time in a week as global cu...

 Wall Street Rebounds on Optimism as UBS Upgrades Outlook for US Stocks

Wall Street Rebounds on Optimism as UBS Upgrades Outlook for US Stocks

April 11, 2025 12:10 PM AEST| By Team Kalkine Media

Highlights,UBS shifts US equities view to a more favorable stance,Economic slowdown concerns seen as overestimated,Market volatility potentially cushioned by White House policy shifts,UBS has revised its outlook on US equities, moving from a “neutral...

 Novartis Commits $37B to US Manufacturing Amid Rising Tariff Concerns

Novartis Commits $37B to US Manufacturing Amid Rising Tariff Concerns

April 11, 2025 12:06 PM AEST| By Team Kalkine Media

Highlights,Novartis announces $37B US manufacturing expansion,10 facilities planned, including six new plants,Strategy aims to navigate US tariff uncertainty,Swiss pharmaceutical giant Novartis (SWX:NOVN) has unveiled plans for a significant expansio...

 Market Whipsaws as ASX Set to Retreat After Broad-Based Rally

Market Whipsaws as ASX Set to Retreat After Broad-Based Rally

April 11, 2025 10:56 AM AEST| By Team Kalkine Media

Highlights,ASX futures point to renewed weakness.,Strong gains in tech, mining, and banks.,Global volatility drives gold, oil, and currency shifts.,The Australian share market is expected to slide today, retracing strong gains seen in the previous se...

 Wall Street Wavers as US-China Trade Tensions Rattle Investor Sentiment

Wall Street Wavers as US-China Trade Tensions Rattle Investor Sentiment

April 11, 2025 10:48 AM AEST| By Team Kalkine Media

Highlights,US futures swing as trade tensions escalate.,Nasdaq and S&P 500 suffer sharp overnight losses.,Markets,brace,for next week’s trade negotiations.,U.S. futures showed early signs of volatility on Friday, reflecting the heightened uncertainty...

 ASX Tumbles as Global Trade Tensions Spark Market Turmoil

ASX Tumbles as Global Trade Tensions Spark Market Turmoil

April 11, 2025 10:47 AM AEST| By Team Kalkine Media

Highlights,ASX slides as global markets react to tariff hikes.,All sectors,in,the red amid global risk-off mood.,Major tech, bank, and energy stocks decline.,Australian equities opened sharply lower, following a volatile session on Wall Street, where...

 ASX Market Opening: Gloomy Conclusion to the Australian Stock Exchange's Volatile Week | April 11, 2025

ASX Market Opening: Gloomy Conclusion to the Australian Stock Exchange's Volatile Week | April 11, 2025

April 11, 2025 09:30 AM AEST| By Team Kalkine Media

Highlights:,Australian shares opened lower following market fluctuations in the United States.,The Australian resource sector advanced with drilling completions, regulatory developments, and new project approvals.,Iron ore, gold, and crude oil saw up...

 Validity Acquires Litmus, Advances Leadership as Best-in-Class Global Provider of Marketing Success and Customer Data Intelligence Solutions

Validity Acquires Litmus, Advances Leadership as Best-in-Class Global Provider of Marketing Success and Customer Data Intelligence Solutions

April 11, 2025 09:01 AM AEST| By Business Wire

BOSTON--(BUSINESS WIRE)--Validity, Inc., the leading provider of marketing success and customer data intelligence solutions, today announced it has completed the acquisition of Litmus, the leading glo...

 Piedmont Lithium and Sayona Mining Announce Merged Company Name and Board Nominees

Piedmont Lithium and Sayona Mining Announce Merged Company Name and Board Nominees

April 10, 2025 11:50 PM AEST| By Business Wire

Combined business to be renamed Elevra Lithium upon merger completion Elevra Lithium Board of Directors Nominees named with four members from each standalone business selected BELMONT, N.C.--(BUS...

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