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The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
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Moomoo News AU

May 8, 2024 07:41

Columns Pension Fund to Curb Thermal Coal Investments: What Are the Potential Impacts?

Australian Retirement Trust (ART), the country's second-largest pension fund that manages over A$280 billion worth of savings, has announced plans to stop directly investing in most thermal coal companies from July, according to a statement last week. This makes ART the largest super fund in the country to exclude thermal coal.
Australian Retirement Trust will add an exclusion of direct investment in Australian and int...

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JC7577

Mar 19, 2024 16:15

Trading higher

+16.1% 29METALS ( $29Metals Ltd (29M.AU)$ ) - No news, copper price continues to rally and copper stocks with it, short term trend has turned up
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+13.6% Peninsula Energy ( $Peninsula Energy Ltd (PEN.AU)$ ) - Company Presentation - March 202...

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Moomoo News AU

Dec 26, 2023 16:13

Columns 2023 Recap | ASX Stocks with the Highest Dividend Yields in 2023

Australian firms tend to distribute a larger share of their earnings as dividends, resulting in higher yields compared to many overseas markets. This propensity is partly because many of the companies listed on the Australian Securities Exchange (ASX) are in mature industries such as banking, mining, and utilities. These sectors are known for their consistent profitability and cash flow, leading companies within these fields to favo...

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Moomoo News AU

Jun 27, 2023 08:26

Columns AU Morning Wrap: ASX Gains; Bega Warns Milk Prices to Rise Again in FY2024

G'day, mooers! Check out the latest news on today's stock market!
• Wall Street slide
• ASX miners, real estate gains
• Stocks to watch: Bega, Medibank, Collins Foods
- Moomoo News AU
Wall Street Summary
Stock indexes drifted lower as Wall Street's pullback from its big recent rally carried into a second week.
The $S&P 500 Index (.SPX.US)$ fell 0.4 per cent. It's still close to its highest level in a year, reached a coupl...

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Moomoo News AU

Jun 8, 2023 08:30

Columns AU Morning Wrap: ASX Slips, Dragged Lower by Tech Stocks

G'day, mooers! Check out the latest news on today's stock market!
• S&P 500's climb toward bull market thwarted by Canada rate move
• ASX slips, dragged lower by tech stocks
• Stocks to watch: WiseTech, Enero, Resmed
- Moomoo News AU
Wall Street Summary
Stocks fell Wednesday after a surprise rate hike from the Bank of Canada took the air out of a Tuesday rally.
Major stock indexes came under pressure as the trading day wore on, a day after ...

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