New Zealand share prices dropped sharply and Aussie stocks plunged as the financial fallout from US President Donald Trump’s tariffs announcement continued to spook world markets, with the S&P/NZX50 Index down 3% led by Fisher and Paykel Healthcare. Australian stocks also fell significantly amid fears of a global recession, with the S&P/ASX 200 dropping 6.3%. China retaliated with a 34% duty on US imports, escalating the likelihood of a full-blown trade war and increasing US tariffs on Chinese goods to 76%.
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Hulk Hogan, wrestling icon and pop culture legend, dies aged 71
Terry Bollea, known as Hulk Hogan, has died at the age of 71 in Clearwater Beach, Florida, following a cardiac arrest. A wrestling icon of the 1980s, he became a cultural phenomenon through his larger-than-life persona, which included roles in film and television, and was the face of the World Wrestling Federation during its peak. Want More Context? 🔎
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