Wall St does something never seen before
The world is reacting to the latest Middle East developments — setting the stage for something never seen before on Wall St.
World Economy
‘We don’t need more Uber drivers’: NZ erupts
New Zealand has declared the country does not “need more Uber drivers or chefs, as if we’re going to eat our way to wealth like Hansel and Gretel”.
ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
Trump slump smashes major Aussie company
Alarm bells are ringing for a major ASX-listed fashion business as a brutal Trump slump and inflation shock smashes share prices.
Minister gives Putin brutal reality check
Russia’s economy minister has given the nation’s President Vladimir Putin a brutal reality check.
Shock as nation cuts interest rates to zero
While Aussies are still copping higher mortgage repayments, one nation has cut interest rates to zero per cent.
NZ’s furious act towards tiny island nation
New Zealand has taken a drastic step towards one of its close partners amid a row with the self-governing nation of 17,000 people.
6000 jobs at risk as smelter nears collapse
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
Experts make huge call, Bitcoin goes ballistic
Massive predictions have been made about Bitcoin as the digital asset surged in value overnight.
Australia laughing all the way to the bank
New data reveals Australia’s beef exports are hitting record numbers as China and the US hoover up our products amid the trade war.
ASX slides before key economic events
Australia’s market basically has traded flat on Thursday as investors await key economic news out of the US and Europe.
Big paydays for new fashion giant bosses
A big Aussie fashion retailer has just appointed its new chief executive, with promises of multimillion-dollar pay cheques if he meets targets.
Big call after Trump’s tariff blow
Donald Trump has stoked outrage after doubling the levy on Australia’s steel exports – but there still might be a “pathway” for an exemption.
‘Don’t ever say that’: Trump erupts at reporter
Donald Trump has reacted furiously to a theory, currently gaining traction on Wall Street, that he “always chickens out”.
ASX rises on quiet day of trading
The ASX200 eked out a small gain on a quiet day of trading on Friday following US President Donald Trump’s latest announcement.
Bold call on Aussie firms amid tariff chaos
With US tariffs adding to China’s mounting economic woes, one of the Reserve Bank’s top minds has made a surprising observation about Australian firms.
Reason behind rise in fashion company
Chinese fashion phenomenon Shein continues to rise in popularity in Australia, with Gen Z and Millennial shoppers fuelling the boom.
‘Hope’: Huge leap in dementia treatment
A breakthrough drug expected to give back years to hundreds of thousands of Australians suffering through a debilitating disease has been approved.
Qantas announces new international route
Qantas will relaunch international flights from a major Aussie city with direct flights to a cosmopolitan Pacific city and a connecting hop to New York City.
‘Not winning’: Grim warning as stocks soar
Aussies will want to check their super balances today, as stock markets have gone wild over a major breakthrough on tariffs.
Countdown to Aussie space dream begins
The countdown has begun for an Aussie company’s dream to lift-off into space and begin competing with Elon Musk’s SpaceX.
‘Total reset’: Trump’s call on China
President Trump and a Chinese delegation are trying to negotiate a trade deal and has indicated they’ve made a huge call already.
‘Joke’: Trump warning issued to Australia
Australia’s prospects at tariff relief aren’t looking good after a dire agreement between the US and UK was reached, an expert has warned.
‘Seems right’: Trump’s huge China call
The US President has used his social media to send a message as key administration members prepare for crunch talks with China.
Bad for Australia: US reveals first trade deal
The US has inked its first post tariff trade deal with the United Kingdom the beneficiary – but there is one detail that will disappoint Australia.
Aussie shares lift on Trump trade deal hopes
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
Aussies lose millions in Trump tariff chaos
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
Trump confirms trade deals, nations named
Donald Trump confirms he has made potential trade deals with three countries — but they are not Australia.
Trump’s $13 billion blow to Australia
A dark cloud looms over the Australian economy, with the latest global forecasts predicting higher inflation and slower growth.
‘Major loser’: Meltdown over Trump move
Absolute misery is playing out in the global economy today as stock markets take another pounding over comments made by Donald Trump.
Original URL: https://www.news.com.au/finance/economy/world-economy