The futures markets had predicted it would rise 6 per cent during the day for the biggest daily gain since March 2020. Overnight the Australian dollar also spiked back above 61 US cents.

"We expect a 25bp repo rate cut from the RBI Monetary Policy Committee (MPC) at the April 9 meeting, taking the repo rate to 6.00 per cent," the report said, adding that it expects a 5.50 per cent ...

Australian shares have snapped their three ... Tuesday's gain leaves the ASX 200 more than 5 per cent below where it closed last Wednesday, before Mr Trump's sweeping tariff announcement.

Nifty 50, NSE: Sensex tumbled 3,939.68 points, or 5.22 per cent ... index lost 6.2 per cent to 3,134.98. South Korea's Kospi lost 4.1 per cent to 2,363.82, while Australia's S&P/ASX 200 lost ...

Gift 5 articles to anyone you choose each month ... From a US perspective, the 10 per cent tariff on Australian goods is just a tax grab. Something Australian politicians should understand.

The United States has begun collecting President Donald Trump's unilateral 10 per cent tariff on imports from many countries. Among those first hit with the "baseline" tariff are Australia ...

In the long term, even Virmani also said this revised (26 per reciprocal tariffs) will have a small ... the next 5 to 10 years,” the economist said. The US has announced 26 per cent reciprocal ...

President Trump has announced 10 per cent tariffs on all Australian goods into the United States in a move he hopes will “make America wealthy again”. “I’m concerned that it will be ...

Trump announced the reciprocal tariff scheme in the White House Rose Garden.Credit: AP From Saturday, tariffs of up to 50 per cent will be slapped on imports into the US with Australia – led by ...

Unions are pushing for a 4.5 per cent pay rise for low-paid workers, disputing employer groups who warn an increase above inflation could delay interest rate cuts. The ACTU is advocating for a $41 ...