The Australian sharemarket closed lower after Donald Trump’s vow to blockade the Strait of Hormuz,which sent oil prices soaring and reignited fears for the global economy.
The Australian sharemarket has closed higher ahead of a deadline that President Donald Trump has set to bomb Iranian power plants.
The world’s richest person has never been afraid of talking up a big game. But,as usual,there are plenty of questions.
The Australian sharemarket closed lower after Donald Trump’s prime-time speech to the US ended global markets’ relief rally over the past two days.
The listing of the rocket company will be one of the largest share offerings ever,and will be a generational moneymaking event for Wall Street and its richest billionaire.
OpenAI has had a meteoric rise but questions are being asked as it burns through cash at a frantic rate.
The Australian sharemarket moved on from its rollercoaster in March to surge 2.2 per cent on Wednesday on optimism about a possible end to the crippling war with Iran.
While the wider market ticked higher,media company ARN plunged 18.9 per cent on news Jackie ‘O’ Henderson was taking it to court seeking compensation of “at least” $82,250,000.
The Australian sharemarket has closed in the red,weighed down by a slump in major bank shares,as the Middle East conflict continues to cast a heavy shadow over markets.
Conflict-driven volatility continues to ripple through Australia’s sharemarket as traders juggle tensions in the Middle East,uncertain if they will ease or escalate.