China claps back at Trump tariffs
China has responded with two strong gestures following Donald Trump’s bold demands of the superpower.
World Economy
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Australia’s panic move as Trump gambles
Australia is seeking talks with America “as soon as is humanly possible” after Donald Trump slapped new tariffs on Canada, Mexico and China.
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
China nukes US stock market, $1 trillion lost
The release of a single app from China wiped more than $1 trillion from the US stock market on Monday. Here’s what you need to know.
New US trade war could open door for China
Donald Trump’s plan to punish a key Latin American ally could lead to economic ructions in Australia down the line, an expert says.
Major retailers drive Aussie market surge
Major retailers were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
Aussie red meat booms to record high
Aussie farmers have plenty to celebrate this Australia Day, with fresh figures revealing a stunning boom in red meat exports.
‘Shocked gasps’ at Donald Trump’s new threat
The US President has warned business and political leaders from every world nation that they will pay dearly for not playing by his rules.
Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Trump threatens Canada, Panama, Greenland
Donald Trump has refused to rule out using the United States military to seize control of the Panama Canal and Greenland.
Panic as Aussie dollar crashes to 5-year low
Experts have warned that the Australian dollar could continue to plummet even further after falling sharply to a near-five-year low.
Wild Greenland act as Trump eyes takeover
Greenland’s PM has raised eyebrows with a new push for the island’s future, as President-elect Donald Trump seeks a US takeover.
Why Australia invests in ramen, comic books
From ramen noodles to online gambling, Australia’s $225bn Future Fund has some pretty wild investments on its books. Here are our top 10 wildest bets.
Surprising reason for ASX’s sudden spike
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
‘Illegal’: Aussie tariff bombshell for Trump
Donald Trump has been warned by a former Aussie Prime Minister that any plans to impose tariffs on Australia could be illegal.
‘Further back’: Bad news for Aussies in 2025
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
Surprise Greenland move after Trump shock
Denmark has made a shift in Greenland after Donald Trump said he wished to obtain the island to strengthen the United States.
Ray of hope emerges for Aussie economy
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
CBA smashed in $42b Aussie meltdown
Australia’s major banks have emerged the losers in more drama today, with Commonwealth Bank leading the charge with an almighty tumble.
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
‘51st state’: Trump’s wild plan for Canada
The incoming US president has said making a country with the world’s 10th biggest economy the next state is a “great idea”.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
‘Excited’: Trump squeezes $100b out of CEO
The incoming president hails massive investment by a Japanese holding company, which is set to create thousands of jobs.
RBA’s major Trump call after tariff spree
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
New China tech that will ruin Australia
Experts have unveiled a groundbreaking new innovation in China and it could be absolutely devastating for Australia.
Chart reveals why Australia is screwed
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
Why Australia is in debt to Hugh and Ryan
It’s been a wild 2024 at the Aussie box office, but cinema operators say a new dawn is rising for the beleaguered movie business.
ASX continues record high run
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
ASX sets new record high
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
Musk warns of ‘terrifying’ way US is heading
The world’s richest man and SpaceX CEO has issued a grim forecast for America’s economy.
Aussie shares hit fresh record high
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
A-list actor turns on very unpopular PM
An iconic actor has made a brutal call on a government that is facing a massive rebellion just months after a landslide victory.
Australia smashed as Trump reveals tariffs
Donald Trump has revealed huge tariffs for three nations and it has had an immediate effect on Australia.
Australia’s grim economic outlook revealed
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
Warning Australia could be loser under Trump
Australia could be on the verge of becoming a “loser” if a trade war was to break out between America and China following the election of Donald Trump.
Brutal tariff warning no Aussie wants to hear
There are warnings Australia could be hit with hefty tariffs after a move from Anthony Albanese which has raised ire in Donald Trump’s team.
Nation Trump is following in the footsteps of
A nation battling 193 per cent inflation and where over half the population has fallen into poverty has been hailed as a blueprint for the West to follow.
‘Combust’: Experts panic over world economy
An epic showdown between China and the USA is looming – and it poses a huge threat to Australia and the entire global economy.
ASX bounces during Friday’s trading
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
Internet erupts over haka in parliament
New Zealand’s parliament was brought to a halt on Thursday as Maori MPs staged a haka protest on the floor over a controversial “equal rights” bill.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Horror sex issue exposes Aussies
One group of workers faces widespread sexual harassment across multiple industries in Australia, a horror survey suggests.
Gold price slumps after Trump victory
The price of gold is falling just weeks after reaching a record high, as investors factor in a stronger US dollar.
ASX slides on China update
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
‘Wouldn’t be immune’: Warning on Trump tax
Jim Chalmers will issue a grave warning about Australia’s economic vulnerability as the world braces for trade tensions in the wake of the US election.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
‘Threat becoming real’: Grim Trump warning
Donald Trump’s election win will cause economic shockwaves across the globe – and Australia won’t be able to dodge the fallout.
Trump to cost voters $2600
The cost of living is set to rise under the Trump administration if the newly elected President passes his tariffs plan on in full.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Blow for Aussies after US cuts rates
The US Federal Reserve approved its second consecutive interest rate cut on Thursday night, though experts have some disappointing news for Aussies.
‘Trump trades’ impact on Australia
A second Donald Trump presidency has pushed US share market and bitcoin to new highs, but it has had a surprising impact on the Australian dollar and exports.
‘Big concern’: RBA’s warning on Trump vow
The central bank says if incoming US President Donald Trump were to impose his promised tariff on China, there could be big consequences for Australia.
‘Challenging’: Big bank’s warning to Aussies
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Aussie shares surge on looming Trump shock
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
Bitcoin explodes as Trump nears victory
The price of crypto has gone to new heights as Donald Trump enjoyed a strong start in his path to electoral victory.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
Graph proves major US election U-turn
Recent polls have hit the stock market in the US as traders rethink their predictions of a Donald Trump victory.
UK smashed with record-breaking taxes
The UK has been hammered with the biggest tax hikes in the nation’s modern history in a brutal new budget.
Horror sign World War III ‘has already begun’
One of the world’s leading experts has claimed we are lurching towards a devastating conflict that will make your blood run cold.
Why Aussies are tracking this US flight
A highly anticipated first flight from Texas to a major Aussie city touches down on Monday morning and eager planespotters can watch all the action live.
China mistake that will hurt Aussies
Australia’s over-reliance on this trading partner will see our living standards fall within the next ten years, experts have warned.
‘Time has come’: Slave trade reparations call
The 56-member Commonwealth said on Saturday that “the time has come” for talks on “reparatory justice” for the trans-Atlantic slave trade.
Aussie’s bid to dominate music industry
Australia’s only ASX-listed music company holds plenty of ambition, taking on every element of the lucrative industry in a bid to reach 1 billion fans.
Aussie budget takes out bronze medal
Australia’s budget surplus is one of the best in the world, but it’s not all good news for the economy.
Renewed optimism leads to ASX rally
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
Mining giant cops huge $23.7bn disaster bill
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
How to solve Australia’s housing crisis
A leading business group says one thing needs to happen to solve Australia’s housing hell and you only have to look at one of our nearest neighbours for inspiration.
‘Collapsed’: Proof China in utter crisis
China’s economy is in free fall, with “no obvious solution” on the horizon – and there will be devastating consequences for Australia.
ScoMo lands surprise new role
Former Prime Minister Scott Morrison has landed a surprise new role in Australia’s budding space industry.
Sign we’re underestimating young Aussies
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
‘Can they? Yes’: Iran’s scary move
There is a nervous wait to see how Israel responds to Iran’s attack. But there are fears an underhand Tehran strategy that could cost the world dearly.
‘Complete bust’: Chilling China news
China has resorted to some desperate moves in an attempt to save its tanking economy, which threatens to take down Australia with it.
Aussie shares rise on Wall St rebound
Aussie shares crept higher on Wednesday on the back of a Wall St rebound, despite a sharp sell off in heavyweight mining and energy stocks.
Aussie shares sink on China stimulus gloom
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
‘Mass exodus’: China’s $1 trillion problem
China has a major $1 trillion problem as its ultra-wealthy flee the country and the fed-up middle class left behind decide to simply ‘opt out’ of the economy.
Sign business spirits have lifted
One of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
Original URL: https://www.news.com.au/finance/economy/world-economy