This Month
- Opinion
- Chanticleer
There can only be one winner in the ASX’s big tussle for 2025
Shares in Australia’s big banks are easily outrunning the ASX’s big miners. It will switch, it always does.
- Anthony Macdonald
- Opinion
- Asia-Pacific
The great ‘Asian dream’ has hit a roadblock
Across the continent, middle-class families are forced to rethink spending priorities as household wealth erodes. What can policymakers do?
- Karishma Vaswani
Australians pour record $5b into Wall Street as bulls run wild
Investors are hoping the US can pull off a ‘three-peat’ after the world’s most important equity market capped the best two years in a quarter-century.
- Joshua Peach
Trump’s ‘Maganomics’ will damage growth: economists
Surveys of more than 220 economists in the US, UK and Eurozone showed most respondents believed his protectionist shift would outweigh the benefits of his policies.
- Valentina Romei, Sam Fleming, Colby Smith and Olaf Storbeck
December 2024
What China’s persistent deflation means for the world economy
China’s deflation spiral is proving difficult to reverse. Prices in the world’s second-largest economy could enter a record deflationary streak not seen since the 1990s.
- Bloomberg News
‘Courses in love’: China steps up campaign to promote marriage, babies
Universities have been asked to educate single students on relationships and regular articles appear in state media about the benefits of having children.
- Eleanor Olcott, Nian Liu and Wang Xueqiao
UK economy flat-lines in new setback for Starmer government
GDP is estimated to change 0 per cent in the third quarter and officials have slashed expectations for future growth.
- Reuters
- Opinion
- Inside China
This is how China could lift growth while cutting global emissions
A shift towards green development could help stabilise the Chinese economy while supporting the world’s energy transition.
- Yiping Huang
Bank of England pauses rate cuts as inflation picks up
The BoE did not join its rate-cutting peers in the US and Europe because, despite a flatlining economy, prices and wages have gathered pace.
- Hans van Leeuwen
Shares, dollar slammed after Fed walks back rate cut plans
The Australian dollar tumbled to a two-year low and investors sold off stocks after US policymakers predicted just two rate cuts in 2025 – fewer than the market hoped for.
- Updated
- Cecile Lefort
- Opinion
- Opinion
Inflation risk crashes into political risk
Market tantrums and the fall in the Australian dollar in response to the US Fed show that next year is likely to be even more volatile.
- Jennifer Hewett
SoftBank woos Trump with $157b investment
The president-elect said he is embraced by business executives as technology leaders and founders flock to Florida ahead of his second term.
- Updated
- Akayla Gardner and Hadriana Lowenkron
Weak consumption drags on China as Trump tariff threat looms
Weaker retail figures come despite a boost from online shopping promotions and government-subsidised trade-in programs that have lifted sales in some sectors.
- Kevin Yao and Ethan Wang
- Analysis
- China’s Great Slowdown
China’s ‘bazooka’ stimulus will have to wait - again
Beijing says “vigorous” efforts to boost domestic consumption are the country’s top economic priority, but details are once again lacking.
- Updated
- Jessica Sier
The four charts that show what’s wrong with China’s economy
Key indicators reveal the challenges facing Chinese policymakers as they gather to deal with the task of balancing short-term stimulus with longer-term reforms.
- Updated
- Jessica Sier
- Opinion
- Chanticleer
China is still all talk on stimulus – for one good reason
Beijing is again hyping its willingness to revive its spluttering economy. But action is unlikely to come until we know more about Donald Trump’s plans.
- Updated
- James Thomson
- Exclusive
- Trade wars
Trump tariffs ‘not too disruptive’, Goldman’s top economist predicts
He expects the US president-elect’s slug on imports will be smaller than threatened, but warns they would hit growth hard if fully implemented.
- John Kehoe
Powell shrugs off Trump’s plan for a ‘shadow’ Fed chairman
The US central bank chief said his institution has “broad support” on Capitol Hill, and was confident of a solid relationship with the new Treasury secretary.
- Colby Smith
- Updated
- World politics
France plunges into turmoil after government toppled
The parliament voted to oust prime minister Michel Barnier over his proposed deficit-cutting budget, throwing the country into deeper political turmoil.
- Updated
- Hans van Leeuwen
- Opinion
- World markets
The US market is a bubble ready to pop
Dominating the minds of global investors, America is over-owned, overvalued and overhyped to a degree never seen before.
- Ruchir Sharma