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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Pakūranga Night Markets stabbing: 23yo hands himself in, faces charges
A 23-year-old man surrendered to police following a stabbing incident at Auckland’s Pakūranga Night Markets, where two individuals were critically injured. As of Sunday morning, both victims are reported to be in stable condition in the hospital. Need More Context? 🔎
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