Morning business roundup

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Read a sample of the Morning Business Roundup from today.

Market Reports

  • Australian Market Report: The Australian sharemarket lifted on Monday. The S&P/ASX 200 closed 102.1 points, or 1.3 per cent, higher. The Australian dollar has also rallied since last week – trading at US63.11¢ – after dipping below US60¢ on April 9..... [more]

  • U.S. Market Report: Wall Street's main indexes rose on Monday but were well off session highs as an early rally in technology stocks after the White House exempted smartphones and computers from new tariffs gave way to worries about economic growth and future levies..... [more]

  • European Market Report: European stocks closed on a buoyant note on Monday with investors reacting to a temporary tariff exemption by the U.S. on tech products..... [more]

  • Asian Market Report: Asian stocks advanced on Monday, with technology stocks leading the surge after the Trump administration decided to exempt certain consumer electronics from its so-called reciprocal tariffs..... [more]

Australian Business News

  • Trump’s trade war: CreditorWatch warns tariff fallout may add to Aussie business closures.... [more]

  • Australian businesses manufacturing in China caught by steepest US tariffs.... [more]

  • Upcoming Dividends and Earnings – 14th April 2025..... [more]

  • The crypto market continued its post-tariff collapse, dropping 4.4% in March, amid escalating trade tensions and ongoing uncertainty around a potential Fed rate cut, with market sentiment on cryptos sinking to a new low..... [more]

  • 11 ASX 200 directors bought shares during last week's selloff.... [more]

  • 5 investing principles you can hold on to in volatile times. The game hasn’t changed as much as many financial commentators would have you believe. The past few days have been unsettling for many investors. .... [more]

  • Westpac has announced it will re-open regional banks in three Australian states, in a major win for the cash society. The major bank is bucking the trend of cashless payments announcing three new banking services centres in NSW, Victoria and Tasmania..... [more]

  • BHP's (ASX: BHP) six-month share price slump prompted chairman Ross McEwan to buy 10,000 shares last week at an average price of $34.15 per share, with the veteran deal maker sitting on a $20,000 profit in a matter of days.... [more]

  • Auric Mining has fired up the engines to shift first ore this week from a newly approved starter pit at the company’s flagship Munda gold mine, 5 kilometres from Widgiemooltha in Western Australia..... [more]

  • Advance Metals has locked-in all the requisite government and community approvals for the company’s maiden drill campaign at its Yoquivo silver-gold project, 210 kilometres from Chihuahua in Mexico..... [more]

  • Constellation Resources starts drill testing high-priority copper-gold target .... [more]

  • Ardea Resources has completed a 287-hole infill reverse circulation drilling program to support potential resource classification upgrades at its vast Goongarrie Hub nickel project,.... [more]

  • Javelin starts two-week drill program chasing high-grade WA targets.... [more]

  • Koonenberry glows as gold holds firm above $3200.... [more]

  • Droneshield (ASX:DRO) shares jumped $12.4% to $1.00/sh on Monday morning on the back of over $30M worth of Asia Pacific contracts..... [more]

  • Sony hikes PlayStation 5 price by 25% as Trump tariffs bite..... [more]

  • Clorox Australia, the manufacturer of GLAD waste disposal and food storage bags, has been hit with an $8.25 million federal penalty for making incorrect product recycling claims..... [more]

  • How Labor and the Coalition's pitches to first home buyers compare. Two campaign launches, two different housing policies targeted squarely at Australians hoping to take their first step onto the property ladder..... [more]

  • Opinion - Linggong Kong: In a trade war with the US, China holds a lot more cards than Trump may think.... [more]

  • Opinion/Analysis - Sebastian Bowen: Should I buy ASX 200 shares or gold right now? Gold may look attractive, but you need to get everything right..... [more]

World Business News

  • Gold prices dipped on Monday, retreating from a record high hit earlier in the day, as risk appetite improved after the White House exempted smartphones and computers from steep tariffs on China..... [more]

  • US stock futures rise amid temporary tariff exemptions for tech products.... [more]

  • A tariff-induced selloff in the U.S. stock market faces another worry, the "death cross" pattern, but history shows the ominous sounding technical signal may not necessarily mean equities face more significant downside..... [more]

  • The prospect of U.S. oil production growth not just stalling but going into reverse is edging into the picture. .... [more]

  • Janet Yellen, the former U.S. Treasury Secretary, expressed her apprehension on Monday regarding President Donald Trump’s tariffs and other policies..... [more]

  • Trump says he'll announce new chips tariffs over the next week.... [more]

  • Consumers surveyed by the Federal Reserve Bank of New York in March put a 44% probability on the nation’s jobless rate being higher a year later, marking the highest level since April 2020..... [more]

  • Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says.... [more]

  • Goldman Sachs on Monday posted first-quarter results that topped analysts’ expectations on stronger-than-expected equities trading revenue..... [more]

  • JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events.... [more]

  • A listed version of Systematica Investments' flagship hedge fund is down roughly 19% this year, as some trend-following strategies have struggled to navigate the market turmoil caused by the new U.S. trade policies..... [more]

  • The Federal Trade Commission told a federal judge on Monday that Meta has abused its power and acted as a monopoly by acquiring rivals instead of competing fairly, opening a months-long trial.... [more]

  • OpenAI launches new GPT-4.1 models with improved coding, long context comprehension.... [more]

  • Hertz Global Holdings (OTC:HTZGQ) Inc. is consulting with advisers to explore options for its capital structure as it engages in a legal dispute with some bondholders.... [more]

  • New York sues DailyPay and MoneyLion, alleging predatory payday lending.... [more]

  • Downing Street has said it is "confident" the raw materials needed to keep the furnaces at British Steel's Scunthorpe site switched on will reach it in time. The government has been attempting to source the materials needed.... [more]

  • Don’t politicise row over Scunthorpe steel plant, says Chinese foreign ministry. Lin Jian says disagreement between Jingye and British government could deter Chinese investment in the UK.... [more]

  • The curious case of why a billionaire wants to buy Royal Mail.... [more]

  • Shein, the online fast-fashion giant, has moved a step closer to a London Initial Public Offering (IPO) after securing approval from the Financial Conduct Authority (FCA), according to sources familiar with the matter..... [more]

  • LVMH shares slump as Q1 sales fall.... [more]

  • ‘Extreme’ US-China decoupling could cost US$2.5 trillion in equity, bond sell-off: Goldman. Threat of decoupling emerged after Treasury Secretary Scott Bessent said delisting of US-traded Chinese companies was back on the table.... [more]

  • China’s Xi Jinping says there are no winners in a tariff war as he visits Southeast Asia.... [more]

  • China's exports rose sharply in March after factories rushed out shipments before the latest US tariffs took effect, but an escalating Sino-US trade war has darkened the outlook for factories and growth in the world's second-biggest economy..... [more]

  • China Halts Critical Exports as Trade War Intensifies. Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries..... [more]

  • Chinese electric vehicle battery giant CATL's (300750.SZ) first-quarter net profit grew at its fastest pace in nearly two years, while a rise in revenue ended five straight quarters of decline..... [more]

  • Huawei armed and ready for Trump’s second assault. Chinese tech giant has rebounded strongly from Trump’s previous sanctions and is barely exposed to his latest tariffs.... [more]

  • Xi Urges Vietnam to Join China in Opposing ‘Unilateral Bullying’.... [more]

  • Japanese Prime Minister Shigeru Ishiba says US tariffs have the potential to disrupt the global economic order, issuing his strongest warning to date about the damage President Donald Trump’s decisions could inflict on the world economy..... [more]

  • South Korea's DN Solutions opens books for $1 billion-plus IPO.... [more]

  • Tariff uncertainty engulfs annual trade show in Hong Kong . An annual global trade fair has kicked off in Hong Kong with no shortage of fanfare – featuring robots flexing, dazzling new products and excited crowds packing the convention halls..... [more]

  • A fugitive Indian jeweler accused of a $1.8bn bank fraud has been arrested in Belgium.... [more]

  • Explainer - Jasper Jolly: Scunthorpe steelworks: why can’t you just turn a blast furnace off and what is a salamander tap?.... [more]