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Warren Buffett shocks shareholders by announcing his intention to retire

Warren Buffett shocks shareholders by announcing his intention to retire

The “Oracle of Omaha” also warned of the dire global consequences of Donald Trump’s tariffs during Berkshire Hathaway’s annual meeting.

  • by Josh Funk

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‘We need a clear victory’: Why the ASX doesn’t want a minority government

‘We need a clear victory’: Why the ASX doesn’t want a minority government

The Australian sharemarket has built on its positive gains from the morning after China announced it was evaluating a request from the US to open trade talks.

  • by Jessica Yun
ASX closes higher after another manic session on Wall Street

ASX closes higher after another manic session on Wall Street

Wall Street continued its wild swings overnight as evidence builds that the US economy is buckling under the weight of Donald Trump’s trade war.

  • by Gemma Grant
US kids may get ‘two dolls instead of 30’, but China will suffer more, says Trump

US kids may get ‘two dolls instead of 30’, but China will suffer more, says Trump

The US president has tried to reassure a nervous country that his tariffs will not provoke a recession, after a government report showed the US economy shrank since he took office.

  • by Josh Boak
Tech stocks, banks bolster ASX despite higher-than-expected inflation

Tech stocks, banks bolster ASX despite higher-than-expected inflation

The Australian sharemarket has trimmed some of its early gains after the inflation data, but is still up for a fifth consecutive day.

  • by Gemma Grant
ASX gains for a fourth session, led by energy and tech stocks

ASX gains for a fourth session, led by energy and tech stocks

The Australian sharemarket has pushed past the 8000-mark after a late wave of buying helped Wall Street post its longest advance since November.

  • by Staff writers
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100 days of destruction: Trump’s first three months are a sea of red ink

100 days of destruction: Trump’s first three months are a sea of red ink

Donald Trump’s second time in the White House has produced the worst 100 days for financial markets in half a century.

  • by Stephen Bartholomeusz
ASX in three-day winning streak after bright start to week

ASX in three-day winning streak after bright start to week

The Australian sharemarket closed higher on Monday, with investors taking heart from a pause in tariff-related anxiety.

  • by Gemma Grant
Trump’s billionaire oil industry donors aren’t getting what they wished for
Opinion
Oil

Trump’s billionaire oil industry donors aren’t getting what they wished for

The US president said “drill, baby, drill” but his tariffs tanked the commodity’s price and they could reduce, not increase, production.

  • by Stephen Bartholomeusz
Money is flowing out of Wall Street, so where is it going?

Money is flowing out of Wall Street, so where is it going?

As Donald Trump’s tariff wars throw US markets into a pit of uncertainty, the Australian sharemarket is shaping up as a safe haven.

  • by Sumeyya Ilanbey
How China is controlling Australia’s – and the world’s – rare earths trade

How China is controlling Australia’s – and the world’s – rare earths trade

China is threatening to land a knockout blow in its trade war with Donald Trump, targeting a vulnerability in the United States’ most crucial military infrastructure with a strike that was decades in the making.

  • by Simon Johanson and Colin Kruger

Original URL: https://www.brisbanetimes.com.au/business/markets