May 3, 2026
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politics

ASX recovery runs out of steam, closes down 1.5pc

A recent wave of worry in regards to the energy of the worldwide banking system despatched Australian markets into one other tailspin on Thursday..

The native market opened down practically 2 p.c as buyers digested information that shares in Credit score Suisse plummeted 24 p.c in a single day within the largest one-day sell-off on file on fears in regards to the solvency of the Swiss banking large.

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