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News.com.au
7 days ago
- Business
- News.com.au
Top 10 at 11: ASX opens lower as tariff fatigue sets in across global markets
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks off in earnest. In brief, this is what the markets have been up to this morning. Federal Court reinstates tariffs US markets rose in overnight trade, but showed none of their usual enthusiasm. News Liberation Day tariffs had been suspended by a US court order and deemed unlawful pushed US futures up more than 1% overnight, but that optimism was quickly dashed as a Federal Court reinstated the tariffs. They'll remain in place as the Trump Admin appeals the decision and outlines new legal justifications for the tariffs. President Trump's team has already signalled that it will continue to pursue the tariffs even if its appeal is lost. President of the Chicago Federal Reserve Austan Goolsbee signalled the removal or avoidance of large tariffs could bring on an interest rate cut, pointing to the underlying strength in the US economy. According to a Reuters analysis, the tariffs have cost business across the US, Asia and Europe more than US$34 billion in lost sales and higher costs. Investors and traders appear to be becoming somewhat numb to it all. The Dow lifted 0.28%, the S&P500 0.4% and the Nasdaq 0.39%. A brief tariff relief rally in Europe faded to leave both major indices marginally lower – the FTSE300 dipped 0.2% and the FTSE100 0.1%. ASX follows Europe lower The ASX has opened lower in the first hour of trade, down 0.21% as of about 10:30 am AEST. Consumer Staples are Materials are the only sectors in the green at present, not an ideal start to trading this morning. A lift in the gold price overnight has provided some stability for gold stocks, which have lifted the All Ords Gold index 0.52%, but the rest of the market is demonstrating broad weakness. Energy is leading losses, down 0.89% after putting in a strong showing yesterday. Let's see who's moving higher against the market's momentum… WINNERS Code Name Last % Change Volume Market Cap PRM Prominence Energy 0.004 100% 1500 $778,353 ERL Empire Resources 0.005 67% 319668 $4,451,740 GMN Gold Mountain Ltd 0.002 33% 288500 $8,429,639 AYT Austin Metals Ltd 0.005 25% 198136 $6,296,765 ECT Env Clean Tech Ltd. 0.0025 25% 159004 $8,013,537 RGL Riversgold 0.005 25% 149838 $6,734,850 WBE Whitebark Energy 0.005 25% 100000 $2,749,334 LRD Lordresourceslimited 0.026 24% 538906 $1,625,946 ASP Aspermont Limited 0.006 20% 719102 $12,365,938 PIL Peppermint Inv Ltd 0.003 20% 200000 $5,690,224 In the news... Lord Resources (ASX:LRD) is up this morning despite launching a 1-for-1 entitlement offer to raise just under $1.4 million. LRD is offering its shares at a 18.18% discount to its 5-day VWAP, with funding to support drilling at the Ilgarari copper project. Aspermont's (ASX:ASP) half year results have pleased investors, after the company grew its annual recurring subscription revenue by 4% year-on-year to $11.2m. The B2B software firm says its subscription business now contributes more than 70% of its total revenue, maintaining a net retention rate of more than 100%. LAGGARDS Code Name Last % Change Volume Market Cap TEG Triangle Energy Ltd 0.002 -33% 500000 $6,267,702 RAN Range International 0.0015 -25% 3198946 $1,878,581 XPN Xpon Technologies 0.008 -24% 1654000 $4,349,659 PLC Premier1 Lithium Ltd 0.009 -18% 1254900 $4,048,666 REZ Resourc & En Grp Ltd 0.015 -17% 492052 $12,089,504 KPO Kalina Power Limited 0.005 -17% 865163 $17,597,818 ENL Enlitic Inc. 0.029 -15% 303089 $24,527,901 ADG Adelong Gold Limited 0.006 -14% 47460198 $9,782,403 WNX Wellnex Life Ltd 0.33 -14% 37088 $26,092,038 AX8 Accelerate Resources 0.007 -13% 235331 $6,377,510
Fox News
22-05-2025
- Politics
- Fox News
SCOTUS Sides with Trump to Revoke Legal Status from 300k Venezuelans
Come hell or high water, President Trump is going to keep his promise to deport criminal illegal aliens out of your country and god bless him for it. I'm Tomi Lahren, more next. President Trump is doing everything he can to keep illegal aliens out of this country as well as put an end to Biden era programs that allowed for a mass invasion under the guise of compassion or even 'legal status.' He's getting a little help from the high court. The Supreme Court ruled the Trump Administration can, in fact, revoke the legal status Biden arbitrarily and treasonously granted to hundreds of thousands of Venezuelans. Yeah, that was the workaround Joe Biden's team orchestrated to allow over 300 thousand Venezuelans to use an app to fly here and get perks, work and, of course, not be detained. Well, that's over now. The Trump Admin should soon be able to send them packing. They were never properly vetted. That would be impossible since Venezuela DOES NOT cooperate with the US government to do so. Trump has every right to revoke their status and clean house and that's exactly what he is going to do! Promises made. Promises Kept! I'm Tomi Lahren and you watch my show 'Tomi Lahren is Fearless' at Learn more about your ad choices. Visit
Yahoo
09-05-2025
- Politics
- Yahoo
Rep. Buddy Carter says state needs ‘a true Conservative' as he runs for U.S. Senate against Ossoff
Channel 2 Action News is hearing from the lone Republican to throw his hat in the race, so far, to try and unseat Jon Ossoff in the U.S. Senate race in 2026. While there is a long list of Republicans potentially waiting to announce, Georgia U.S. Rep. Buddy Carter is the only one to announce his run. Carter told Channel 2's Richard Elliot that he thinks he will win the primary and general election. Elliot was inside the studio on Friday as Carter made his first appearance on Atlanta radio, just days after he announced he would run for the Republican nomination for U.S. Senate. The St. Simons Island lawmaker said he only jumped in when he learned Gov. Brian Kemp stepped aside. TRENDING STORIES: Traffic stop lands GA college student in ICE custody 2 weeks after same thing happened to father GSP trooper pulled from car after landing in creek during chase Buc-ee's announces opening date for new Georgia location 'After the governor decided he didn't want to run, I knew we needed a true Conservative, someone who's going to support President Trump's agenda,' Carter said. But Carter may not be the only republican jumping in. In an exclusive interview at the White House last week, Elliot asked U.S. Rep. Marjorie Taylor Greene if she intended to run. 'All options are open to me,' Greene said. Earlier this week, Elliot also spoke with U.S. Rep. Mike Collins about a potential run. He said he wants to hear from President Trump. 'We'll obviously get in touch with and be with the Trump administration on talks, and just see who the president wants to get behind. We'll start pushing from here,' Collins said. Meanwhile, Ossoff is taking a position of wait and see. 'I'm not spending a whole lot of time worrying about who might run for the Senate. My job is to deliver for Georgia. My job is to deliver for my constituents,' Ossoff said. Ossoff doesn't have an opponent in the Democratic primary. Other Republicans reportedly considering a run are Secretary of State Brad Raffensperger and Georgia Insurance Commissioner John King.
Yahoo
17-04-2025
- Politics
- Yahoo
Dem senator says he will continue 'fighting for the return' of deported El Salvadoran man: 'Won't rest'
Sen. Chris Van Hollen, D-Md., said Wednesday during his trip to El Salvador that he "won't rest" until Kilmar Abrego Garcia, a suspected MS-13 member who was deported to a mega prison in his home country, is brought back to the United States. Van Hollen has described the man as "wrongfully abducted" and traveled to El Salvador in an attempt to discuss efforts to bring the man back to Maryland, where he was living illegally. The senator was able to speak with Vice President Félix Augusto Antonio Ulloa Garay, but was not able to make contact with Abrego Garcia in person or via phone. "I've been in El Salvador all day fighting for the return of Mr. Abrego Garcia," Van Hollen said in a caption to a video posted on X on Wednesday night. "The Trump Admin can lie all they want, but the Court said they failed to show he was part of MS-13. This is about bringing home a man they ADMIT should've never been abducted. I won't rest until then." Blue State Senator Flies To El Salvador To Visit Deported Migrant In Prison, Only To Be Denied Van Hollen's visit to El Salvador comes two days after an El Salvadoran illegal alien was convicted of raping and murdering Rachel Morin, a Maryland mom of five, on a trail in Bel Air. Read On The Fox News App Morin's mother, Patty, said Van Hollen has never reached out to her about her daughter's violent murder in Maryland, yet he is prioritizing bringing a deported man back to the state. Van Hollen did release the following statement on his official Senate website shortly after Morin's killer was convicted, writing that the "verdict brings a measure of justice that [Rachel's family] so deserve[s]." "While the conviction of Rachel Morin's killer will not return Rachel to her family where she rightfully belongs, this verdict brings a measure of justice that they so deserve. I'm grateful to the law enforcement officers who brought her killer into custody and for our legal process for delivering this justice. "As I have said in the past, the American people deserve meaningful action to reform our broken immigration system, improve public safety, and strengthen our border security. We can do this while also supporting our immigrant communities and respecting the rights of individuals who are here legally – I am committed to doing both, and I will continue pressing my colleagues on both sides of the aisle to move forward on this issue." Tom Homan 'Disgusted' By Dem Senator's Trip To Bring Home Alleged Ms-13 Gang Member During an appearance at a White House press briefing on Wednesday, Patty Morin called out Van Hollen for his visit to El Salvador. "And to have a senator from Maryland who didn't even acknowledge or barely acknowledge my daughter, and the brutal death that she endured, leaving her five children without a mother and now a grand baby without a grandmother, so that he can use my taxpayer money to fly to El Salvador to bring back someone that's not even an American citizen," she said. "Why does that person have more rights than I do for my daughter? For my grandchildren?" While he did not address Patty Morin directly, Van Hollen said in a video posted to X later Wednesday evening that he cares "about every victim of crime." He also said that America has a court system to make sure criminals are held accountable and "that people who have not committed crimes, or not been convicted of crimes, are not disappeared out of the United States and sent to a notorious prison in El Salvador, like Abrego Garcia." "This is simply about letting him have his day in court. We use the courts to make sure that we don't convict people who are not guilty, and that we convict those who are," he said, in part. 'Maryland Man' Kilmar Abrego Garcia Exposed In Police Records As 'Violent' Repeat Wife Beater Abrego Garcia is at the center of a controversial debate after he was deported to El Salvador's "Terrorism Confinement Center" (CECOT) for his alleged gang affiliation, which his attorneys have denied. The Department of Homeland Security shared an interview sheet with Fox News from Prince George's County police's Gang Unit MS-13 Intelligence Squad that identified Abrego Garcia as an active member of MS-13's "Westerns" clique in 2019, according to a "past proven and reliable source." The source said he held the rank of "Chequeo" and the moniker of "Chele." He was marked eligible for deportation in 2019 after he claimed that he illegally entered the U.S. near McAllen, Texas, on or about March 25, 2012, after he "walked across the desert for many days," according to a 2019 DHS interview document shared with Fox News. Van Hollen is not the only Democrat lawmaker seeking to visit Abrego Garcia in El Salvador with the goal of bringing him back to the U.S. after the Supreme Court last week upheld a lower court's decision ordering his return. The court required the "government to 'facilitate' Abrego Garcia's release from custody in El Salvador and to ensure that his case is handled as it would have been had he not been improperly sent to El Salvador." The Trump administration agreed to clear any administrative obstacles keeping Abrego Garcia from returning to the U.S., but Attorney General Pam Bondi has said that returning him is "up to El Salvador. If they want to return him. That's not up to us." Fox News Digital's Peter Pinedo, Greg Wehner and Bill Melugin contributed to this article source: Dem senator says he will continue 'fighting for the return' of deported El Salvadoran man: 'Won't rest'
Fox News
17-04-2025
- Politics
- Fox News
Dem senator says he will continue 'fighting for the return' of deported El Salvadoran man: 'Won't rest'
Sen. Chris Van Hollen, D-Md., said Wednesday during his trip to El Salvador that he "won't rest" until Kilmar Abrego Garcia, a suspected MS-13 member who was deported to a mega prison in his home country, is brought back to the United States. Van Hollen has described the man as "wrongfully abducted" and traveled to El Salvador in an attempt to discuss efforts to bring the man back to Maryland, where he was living illegally. The senator was able to speak with Vice President Félix Augusto Antonio Ulloa Garay, but was not able to make contact with Abrego Garcia in person or via phone. "I've been in El Salvador all day fighting for the return of Mr. Abrego Garcia," Van Hollen said in a caption to a video posted on X on Wednesday night. "The Trump Admin can lie all they want, but the Court said they failed to show he was part of MS-13. This is about bringing home a man they ADMIT should've never been abducted. I won't rest until then." Van Hollen's visit to El Salvador comes two days after an El Salvadoran illegal alien was convicted of raping and murdering Rachel Morin, a Maryland mom of five, on a trail in Bel Air. Morin's mother, Patty, said Van Hollen has never reached out to her about her daughter's violent murder in Maryland, yet he is prioritizing bringing a deported man back to the state. Van Hollen did release the following statement on his official Senate website shortly after Morin's killer was convicted, writing that the "verdict brings a measure of justice that [Rachel's family] so deserve[s]." "While the conviction of Rachel Morin's killer will not return Rachel to her family where she rightfully belongs, this verdict brings a measure of justice that they so deserve. I'm grateful to the law enforcement officers who brought her killer into custody and for our legal process for delivering this justice. "As I have said in the past, the American people deserve meaningful action to reform our broken immigration system, improve public safety, and strengthen our border security. We can do this while also supporting our immigrant communities and respecting the rights of individuals who are here legally – I am committed to doing both, and I will continue pressing my colleagues on both sides of the aisle to move forward on this issue." During an appearance at a White House press briefing on Wednesday, Patty Morin called out Van Hollen for his visit to El Salvador. "And to have a senator from Maryland who didn't even acknowledge or barely acknowledge my daughter, and the brutal death that she endured, leaving her five children without a mother and now a grand baby without a grandmother, so that he can use my taxpayer money to fly to El Salvador to bring back someone that's not even an American citizen," she said. "Why does that person have more rights than I do for my daughter? For my grandchildren?" While he did not address Patty Morin directly, Van Hollen said in a video posted to X later Wednesday evening that he cares "about every victim of crime." He also said that America has a court system to make sure criminals are held accountable and "that people who have not committed crimes, or not been convicted of crimes, are not disappeared out of the United States and sent to a notorious prison in El Salvador, like Abrego Garcia." "This is simply about letting him have his day in court. We use the courts to make sure that we don't convict people who are not guilty, and that we convict those who are," he said, in part. Abrego Garcia is at the center of a controversial debate after he was deported to El Salvador's "Terrorism Confinement Center" (CECOT) for his alleged gang affiliation, which his attorneys have denied. The Department of Homeland Security shared an interview sheet with Fox News from Prince George's County police's Gang Unit MS-13 Intelligence Squad that identified Abrego Garcia as an active member of MS-13's "Westerns" clique in 2019, according to a "past proven and reliable source." The source said he held the rank of "Chequeo" and the moniker of "Chele." He was marked eligible for deportation in 2019 after he claimed that he illegally entered the U.S. near McAllen, Texas, on or about March 25, 2012, after he "walked across the desert for many days," according to a 2019 DHS interview document shared with Fox News. Van Hollen is not the only Democrat lawmaker seeking to visit Abrego Garcia in El Salvador with the goal of bringing him back to the U.S. after the Supreme Court last week upheld a lower court's decision ordering his return. The court required the "government to 'facilitate' Abrego Garcia's release from custody in El Salvador and to ensure that his case is handled as it would have been had he not been improperly sent to El Salvador." The Trump administration agreed to clear any administrative obstacles keeping Abrego Garcia from returning to the U.S., but Attorney General Pam Bondi has said that returning him is "up to El Salvador. If they want to return him. That's not up to us."
