Yesterday
Israel strikes Iran; Plane’s mayday call; CEO’s criminal probe
Read everything that’s happened in the news so far today.
China’s brutal EV price war is raising quality fears
An extreme discount war on electric vehicles has Beijing worried about a race to the bottom and damage to its international “Made in China” brand.
Why Brazil is too big and too important for Australia to ignore
Amid a shifting global order, expanding international ambitions and a tricky domestic balancing act, Brazil could have a greater impact on Australia than many realise.
This Month
‘The Princess Bride’ has lessons for Trump in dealing with Xi
The cult movie has the hero tricking the villain in much the same way China’s leader has done with his US counterpart in their negotiation on rare earths.
‘You would have to anoint me’: JPMorgan’s Dimon would love to be president
In a wide-ranging discussion, the Wall Street executive also said significant job losses from the AI revolution are unavoidable and necessary.
Trump says China will ship rare earths in ‘done’ trade deal
The two superpowers will maintain tariffs at their current, lower levels following the agreement reached this week in London, the US president says.
This metal has overtaken gold as commodity market’s hottest trade
Platinum has surged more than 30 per cent this year, outpacing gold’s 26 per cent gain and sending a small cohort of ASX-listed mining stocks on a tear.
US, China agree to tone down trade war
American negotiators said they “absolutely expect” conflict around shipments of rare earth minerals and magnets to be resolved within the preliminary deal.
ASX hits record; Qantas closes Jetstar Asia; LA mayor issues curfew
Read everything that’s happened in the news so far today.
‘We’re not that strong’: Huawei founder says it lags US in chip making
Ren Zhengfei has played down his company’s technology against that of Nvidia, as Beijing and Washington discuss export controls as part of trade talks.
Monash shares dive; Marines in LA; iPhone’s big update
Read everything that’s happened in the news so far today.
China’s chokehold on obscure metal threatens Western militaries
The global superpower produces the entire world’s supply of samarium, a rare earth metal the US and its allies need to build its fighter jets, missiles and other hardware.
Australian rare earths miners join rush to Brazil
At least 13 small Australian miners are frantically trying their luck – and trying to raise money – to develop rare earths mines. But why are they choosing Brazilian projects rather than Australian?
China’s May exports slow, deflation deepens as tariffs bite
Customs data showed the value of China’s exports to the US plunged 34.5 per cent year-on-year in May, the sharpest drop since the 2020 start of the pandemic.
Australia and Chile have more in common than you probably think
The two countries have many similarities as mining-based economies dependent on China as their major trading partner. But the relationship goes deeper.
Ship carrying thousands of cars adrift in Pacific after catching fire
The ship carrying EVs and other cars was abandoned after catching fire, with the 22-member crew evacuated.
Global factory shutdown warnings over China’s rare earth ban
German carmakers became the latest to warn China’s export restrictions threaten to halt production and rattle their economies as China-US trade tensions rise.
GDP misses forecasts; ASIC sues Westpac; The big Virgin IPO question
Read everything that’s happened in the news so far today.
BHP’s monumental copper pay and play in Chile
The world’s largest copper mine shows how intertwined the fortunes of Australia’s big miners are with what’s happening with critical minerals.
The great Trump riddle on China
Nothing with the president’s policy on the Asian nation is predictable. Does he care about Taiwan? Does he want to decouple from Beijing? Let’s toss a coin.