SA Business: $36bn wipeout on ASX | Trump sends global markets into tailspin | First look at $150m town square

Email Australia is already feeling the impact after global stock markets plunged following Donald Trump’s refusal to rule out a recession. Here’s what you need to know.

View in browser 11th March 2025

SA Business Journal $36bn wipeout: Aussie stocks smashed as Wall St tanks Australia is already feeling the impact after global stock markets plunged following Donald Trump’s refusal to rule out a recession. Here’s what you need to know. READ MORE   US recession fears smash markets Economic fears have sparked a renewed sell-off in stocks, with US tech giants diving after President Donald Trump declined to rule out a recession. READ MORE   Tradie empire plumbs new depths: Scale of customer fury revealed One of SA’s biggest plumbing and aircon companies has triggered the highest number of customer complaints to authorities about alleged widespread overcharging. READ MORE   First look: Huge call looming on $150m town centre Fresh images of a $150m development in Adelaide’s north have been revealed ahead of a council meeting that could pave the way to construction later this year. READ MORE   ICAM buys into $400m market project Fund manager ICAM has struck a deal to acquire a new retail hub at the centre of a $400m transformation of Adelaide’s historic Central Market precinct. READ MORE   Musk on verge of tears as bloodbath hits Former EV darling Tesla is being smashed by a series of massive problems as backlash against Elon Musk’s political behaviour continues to snowball. READ MORE   High hopes for potentially ‘world class’ titanium project in SA Petratherm shares rocketed more than tenfold after it discovered titanium near Coober Pedy last year. It’s now restarting drilling at the potentially “world class” project. READ MORE   Forget hydrogen – there’s a hot rocks renaissance With hopes of a hydrogen revolution rapidly fading, Earths Energy boss Josh Puckridge believes it’s time to reconsider the potential of geothermal energy. READ MORE   Meet the US ‘corporate fireman’ offering Star a lifeline Soo Kim, the man behind the US casino giant making an 11th-hour bid for Star Entertainment, is someone companies call when they get into trouble. READ MORE   Will fixed income finally shine? It may depend on Donald Recent years for bond investors ranged from average to terrible, and uncertainty continues, but alternatives are multiplying. READ MORE   Aussie pokies maker sues US minnow to ‘make an example’ The $43bn ASX-listed Aristocrat is suing a small US company over allegations it ripped off its ‘Bufallo’ and ‘5 Dragons’ games, and it wants the courts to approve punitive damages. READ MORE   Australia stuck in retail recession, says Country Road owner The South African owner of Country Road Group says Australia has been in a ‘retail recession’ for the past 18 months but analysts insist many retailers are thriving. READ MORE   Newsletters Today's Paper +Rewards Want to change how you receive these emails? Manage your newsletter preferences or unsubscribe from this newsletter. Sent by The Advertiser, GPO Box 339, Adelaide SA 5001, Australia.