Welcome to the Fear and Greed Business News Afternoon Report for Monday, the fourteenth of April twenty twenty five. I'm Sean Aylmer. Every afternoon, We've got the five stories that happened today that you need to know about. Story number one. It was a very good day in the share market, with the SMPA six two hundred jumping one point three percent to finish at seven seven hundred and forty nine points. Tech stocks led the way on the back of a strong weekend for Wall Street. The big miners did well, as did healthcare and property stocks. BHP, forty, s Q, Medals, and Rio all outperformed, while CSL and Goodman Group both jumped more than two percent. The major banks did well, aine Z, Commonwealth, and Westpac all were up around one and a half percent. Among the tech stocks, Promdicus jumped five percent, whilst wise Tech was up more than three percent. The laggards included mcquarie Group, Tulstra, and Woolies, which all ended the day lower. Storry number two New and Pharmaceuticals share price jumped twenty one percent today after the US Food and Drug Administration signed off on implementing a face three clinical trial. The FDA approved the phase three trials of nn Z two five nine to one, a drug newerin hopes will treat children with feeling McDermot syndrome, a rere genetic disorder that can result in medical, intellectual, and behavioral challenges. There's no cure and treatment tends to address symptoms, maximizing people's ability to function. Now. The neurin drug is the first ever Phase three trial for feelin McDermot syndrome. Storing number three. It's tough being an investor in the big iron more ore minds at the moment not standing a pretty good day today. It seems share prices EBB and flow after each utterance from Washington or Beijing. Today, the price of iron ore ros reversing a sharp slide, which also helped BHP four Skew Metals Group in real Tinto the price of iron oil is down about ten percent year today. The big miners have fallen alongside it. BHP is the most diversified of the three. Its share price has dropped eight percent this year twenty percent of the past twelve months. Force qu Metals Group is heavily tied to iron or. Its share prices off sixteen percent this year forty percent over the past twelve months. In Rio Tinto, which is in the middle of a debate over relocating its full listing to the ASEX, something that's probably unlikely to happen, it's done best, though it's still down six percent year to date and thirteen percent over the last year. The falls, of course, were on the back of fears about a slow down in China flowing from tariffs imposed by the US. Straight Number four Bluescope Steels specialist team advising the administrators of the Wala Steel Works say the plant needs about one hundred and eighty million dollars to be spent on repairs and maintenance for operations to continue. The analysis represents a significant blow to courtermentha's plans to sell the steel works, which it has run since February when the South Australian government sees control from British Industrial san Jeev Gupta. According to the fin Review, blue Scope is the country's largest steel making company and runs the Port Kembler plant in New South Wales. It's been acting as a technical advisor. The Bluescope advisory experts have compiled a list of about two hundred items that need repairs and maintenance, with the combined cost estimated at one hundred and eighty million dollars at the plan, which has been staffed of capital investment after seven years of ownership by Gupta and his GfG Alliance business. And finally, story number five, China's government says the US's decision to exempt certain consumer electronics from so called reciprocal tariffs is a small step towards rectifying its wrongdoings and urged Washington to do more to evoke the levies. US President Donald Trump's administration excluded smartphones, computers, and other electronics from the increased import duties over the weekend. Now, the Chinese Ministry of Commerce posted on its official we Chat account, I quote this is a small step by the US toward correcting its wrongful action of unilateral reciprocal tariffs. Subsequently, Donald Trump, well, he responded, no surprises there. He said, the no tariff decision is temporary and in the President's words on truth social I quote nobody capital letters, nobody is getting off the hook. He went on to say, the products are just moving to a different tariff bucket and the administration will be taking a look at Semiconductors and the whole electronics supply chain. That's it for the afternoon report for Monday, the four nighth of April twenty twenty five. Make sure you follow on the podcast. We'll be back tomorrow morning with the Tuesday edition of the past five Business News by Fire and Greek. I'm Sean Elmer and Joey Read Nick

Welcome to the Fear and Greed Business News Afternoon Report for Monday, the fourteenth of April twenty twenty five. I'm Sean Aylmer. Every afternoon, We've got the five stories that happened today that you need to know about. Story number one. It was a very good day in the share market, with the SMPA six two hundred jumping one point three percent to finish at seven seven hundred and forty nine points. Tech stocks led the way on the back of a strong weekend for Wall Street. The big miners did well, as did healthcare and property stocks. BHP, forty, s Q, Medals, and Rio all outperformed, while CSL and Goodman Group both jumped more than two percent. The major banks did well, aine Z, Commonwealth, and Westpac all were up around one and a half percent. Among the tech stocks, Promdicus jumped five percent, whilst wise Tech was up more than three percent. The laggards included mcquarie Group, Tulstra, and Woolies, which all ended the day lower. Storry number two New and Pharmaceuticals share price jumped twenty one percent today after the US Food and Drug Administration signed off on implementing a face three clinical trial. The FDA approved the phase three trials of nn Z two five nine to one, a drug newerin hopes will treat children with feeling McDermot syndrome, a rere genetic disorder that can result in medical, intellectual, and behavioral challenges. There's no cure and treatment tends to address symptoms, maximizing people's ability to function. Now. The neurin drug is the first ever Phase three trial for feelin McDermot syndrome. Storing number three. It's tough being an investor in the big iron more ore minds at the moment not standing a pretty good day today. It seems share prices EBB and flow after each utterance from Washington or Beijing. Today, the price of iron ore ros reversing a sharp slide, which also helped BHP four Skew Metals Group in real Tinto the price of iron oil is down about ten percent year today. The big miners have fallen alongside it. BHP is the most diversified of the three. Its share price has dropped eight percent this year twenty percent of the past twelve months. Force qu Metals Group is heavily tied to iron or. Its share prices off sixteen percent this year forty percent over the past twelve months. In Rio Tinto, which is in the middle of a debate over relocating its full listing to the ASEX, something that's probably unlikely to happen, it's done best, though it's still down six percent year to date and thirteen percent over the last year. The falls, of course, were on the back of fears about a slow down in China flowing from tariffs imposed by the US. Straight Number four Bluescope Steels specialist team advising the administrators of the Wala Steel Works say the plant needs about one hundred and eighty million dollars to be spent on repairs and maintenance for operations to continue. The analysis represents a significant blow to courtermentha's plans to sell the steel works, which it has run since February when the South Australian government sees control from British Industrial san Jeev Gupta. According to the fin Review, blue Scope is the country's largest steel making company and runs the Port Kembler plant in New South Wales. It's been acting as a technical advisor. The Bluescope advisory experts have compiled a list of about two hundred items that need repairs and maintenance, with the combined cost estimated at one hundred and eighty million dollars at the plan, which has been staffed of capital investment after seven years of ownership by Gupta and his GfG Alliance business. And finally, story number five, China's government says the US's decision to exempt certain consumer electronics from so called reciprocal tariffs is a small step towards rectifying its wrongdoings and urged Washington to do more to evoke the levies. US President Donald Trump's administration excluded smartphones, computers, and other electronics from the increased import duties over the weekend. Now, the Chinese Ministry of Commerce posted on its official we Chat account, I quote this is a small step by the US toward correcting its wrongful action of unilateral reciprocal tariffs. Subsequently, Donald Trump, well, he responded, no surprises there. He said, the no tariff decision is temporary and in the President's words on truth social I quote nobody capital letters, nobody is getting off the hook. He went on to say, the products are just moving to a different tariff bucket and the administration will be taking a look at Semiconductors and the whole electronics supply chain. That's it for the afternoon report for Monday, the four nighth of April twenty twenty five. Make sure you follow on the podcast. We'll be back tomorrow morning with the Tuesday edition of the past five Business News by Fire and Greek. I'm Sean Elmer and Joey Read Nick