Finance News

Trump threatens more China tariffs: The ASX set to open flat

16 Oct 2018 - The ASX looks set to open flat this morning after a disappointing performance yesterday. In the US tech stocks dropped with the NASDAQ seeing heavy losses. Netflix, Amazon, Microsoft and Alphabet all traded lower. Small caps gained in the US as President Donald Trump threatened more tariffs on China. The Independence Group (ASX:IGO) reported that their net cash flow from operating activities increased by 256%.

Sell-off continues: Aus shares 1.6% lower at noon

15 Oct 2018 - Market at Midday. ASX slides 1.6% hitting new 6-month low with all sectors in red. Alumima (ASX:AWC) down 2.5% despite aluminum price bounce. Centuria Industrial REIT (ASX:CIP) inks deal to buy $42m property, taking its portfolio to $1.1b. APN Outdoor (ASX:APO) green lights $1.1b French takeover. IPO Security Matters (SMX) lists at 5% premium.