Today
- Opinion
- Chanticleer
Amcor’s whopper $76b tie-up shows it’s ready to rule the world
It’s one of the biggest deals of the year – and the financial numbers are eye-catching. Imagine $US650 million in synergies.
- Anthony Macdonald
This Month
China’s $2b Peru port faces obstacles from the Andes to the Amazon
While Chancay may rekindle an old dream of integrating South America’s Atlantic and Pacific coasts, there is no effective way to make it happen.
- Dayanne Sousa and Rachel Gamarski
Bessent, Lutnick in final push for Trump’s Treasury pick
Allies of both men have been lobbying in calls to the president-elect, which is creating tension and increasing the chance that another candidate emerges.
- Nancy Cook, Saleha Mohsin and Annmarie Hordern
IMF warns Australia and APEC on budget spending
Managing director Kristalina Georgieva told leaders while it was “remarkable” that inflation was retreating globally without recession, “in many countries it is not reflected in public sentiment”.
- Phillip Coorey
Xi defends globalisation as Trump threatens tariffs
In his first major remarks since the US election, Xi Jinping’s message to the APEC summit was that the world was entering “a new period of turbulence and change”.
- Bloomberg News
US unemployment claims fall to lowest in six months
The Labour Department figures are a sign that layoffs remain at relatively healthy levels.
- Matt Ott
China, Indonesia strengthen ties as they brace for Trump
President Prabowo Subianto strikes deals with China before heading off to the US, as he tries to play a neutral role between the superpowers.
- Ella Cao
Bank of England cuts interest rates again, keeps counsel on Trump
The BoE boss warned that the inflation fight wasn’t won, and said it was too early to tell how Trump’s presidency might shift the global economy.
- Hans van Leeuwen
Trump win would pressure Australia to cut 30pc corporate tax rate
Competition between nations on business taxation and investment will be heavily influenced by the US election outcome.
- John Kehoe
Germany’s government at risk of collapse over economic policy
The main political parties are already laying out their campaign positions, and coalition leaders are barely talking.
- Steven Erlanger and Christopher F. Schuetze
Consumer giants sceptical of China’s economic recovery
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidence.
- Richard Milne, Madeleine Speed and Oliver Ralph
Key US inflation gauge and spending pick up in solid economy
The figures cap a month of upside surprises in vital reports that will likely augur a cautious approach to interest rate cuts in the months ahead.
- Matthew Boesler
October
- Opinion
- USA
The curious case of America’s Benjamin Button economy
Movie buffs will remember the title character, played by Brad Pitt, ages in reverse. The US economy is doing something similar.
- Jared Franz
UK Labour budget smashes record for highest tax take in modern history
A blockbuster $79 billion taxation slug indicates Prime Minister Keir Starmer’s hope that ailing public services can be fixed before the 2029 election.
- Hans van Leeuwen
US economy expands on the back of consumer resilience
Inflation-adjusted GDP grew by 2.8 per cent while consumer spending advanced 3.7 per cent, the most since early 2023.
- Matthew Boesler
Chalmers prepares for US tariffs and debt burden
The treasurer said he was working on scenarios for potential changes in America during and after its presidential election.
- Matthew Cranston
BRICS alliance takes on global payments system
The group of developing nations is attempting to challenge the SWIFT international payments messaging system by setting up its own sanctions-proof one.
- Jessica Sier
- Analysis
- Analysis
Local government key to reigniting China’s economy
Concerned by the social risks of high unemployment and falling asset values, the government of Xi Jinping is trying to reboot the economy from the ground up.
- Jessica Sier
- Opinion
- Opinion
Resilient global economy must brace for Trump and other risks
The world’s record-high inflation is largely easing, but significant downside risks will continue to pose a challenge for policymakers.
- Martin Wolf
IMF, World Bank meetings clouded by wars, economy, US election
The elephant in the room will be the potential for an election victory by Donald Trump to upend the international economic system with massive new US tariffs.
- Updated
- David Lawder