FEAR & GREED | Business News Afternoon Report | ASX climbs
5 snips
Mar 18, 2026 Markets tick higher with tech and real estate leading gains on the ASX. A small-cap stock rockets to become the day’s top mover. Political tensions rise as criticism over international support and reports of strikes make headlines. A high-profile radio firing spurs a potential legal fight. EV adoption skews to wealthy cities while a major studio chief faces a massive payout after a takeover.
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ASX Rallies On Tech And Real Estate Bounce
- The ASX 200 rose 0.3% to 8,641 points with 10 of 11 sectors higher, led by technology and real estate as rate-sensitive stocks rebounded after an interest rate hike.
- Data Centre Group jumped 3.6%, Goodman added 2.1% and DroneShield led gains up more than 10%, highlighting sector rotation into tech and property today.
Trump Abandons Recruiting Allies For Iran Conflict
- President Donald Trump said the US no longer needs NATO allies for the Iran conflict and criticised countries that refused to join, signalling a tougher unilateral stance.
- Trump suggested reconsidering NATO membership and threatened further strikes on regional oil infrastructure after reports Israel killed a senior Iranian official.
Kyle Sandilands Vows Legal Fight Over $200M Deal
- Kyle Sandilands will legally challenge ARN after they terminated his $200 million 10-year contract following a 14-day suspension and on-air confrontation that broke the show.
- Sandilands called the termination wrongful, arguing he complied with requests while ARN says the conduct may have breached his contract.