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AUST News2 articles
ASX 200 Extends Losing Streak as Oil Tensions Divide Market Ahead of RBA Decision
Australian shares fell for a fourth straight session, with the ASX 200 down 0.1% to 8,786.5 as oil above $105 a barrel fueled a rotation into energy and utilities. Suncorp gained 4.9% on a new reinsurance deal, while IGO slumped 17.3% on lower production guidance.
Tesla Robotaxi Launch in Austin Fails to Spark Rally as Safety Doubts Linger
Tesla shares edged lower Wednesday after launching unsupervised robotaxis in Austin, as traders weighed the move against persistent safety and scalability doubts.