‘Mass uncertainty’ as ASX breaks win streak
The ASX stumbled into the red on Thursday as US President Donald Trump’s freshly announced auto import tariffs stirs ‘mass uncertainty’ among investors.
The ASX stumbled into the red on Thursday as US President Donald Trump’s freshly announced auto import tariffs stirs ‘mass uncertainty’ among investors.
The offer comes amid fears Australia could be further caught up in Donald Trump’s increasingly aggressive tariff war, with an announcement due next week.
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
The Aussie PM and US President have taken radically different approaches in one key area – and both could spectacularly backfire.
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
US tech giants Meta, Google, Amazon and X are targeting Australia’s online laws, but Treasurer Jim Chalmers says he will stand up for Aussie parents.
Everyday punters are making a financial mistake at record rates, which some see as an eerie reflection of the economic conditions leading to the 2008 crash.
The Australian sharemarket relief rally continued for the third straight day on Tuesday, although the afternoon’s trading session will likely disappoint investors.
Australian businesses have been hit with a grim forecast for the year ahead, as US President Donald Trump implements his tariff plan.
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
Trade Minister Don Farrell has promised Australia will not “back down,” or “sell out” as the government races to protect imports from Donald Trump’s trade war.
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Trump’s global tariff rampage could hit a key industry in Australia with fears it could push up prices for essential medicines.
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
The former senior minister has offered his colleagues some free advice after the US hit Australia with sweeping steel and aluminium tariffs.
As Donald Trump pushes an aggressive brand of international diplomacy, several of America’s allies are attempting to do one thing to hit back.
Australians have come out in droves promising to stop purchasing American products, however one economist urged shoppers to “think strategically”.
Chinese stocks are soaring while global markets are in meltdown – and the United States teeters on the brink of a brutal recession.
Markets are in crisis today as Donald Trump’s reign sparks terror across America. And we might not be able to escape the fallout.
US President Donald Trump has sparked a bloodbath in global stock markets and Aussie shares were not immune on Tuesday.
US President Donald Trump has refused to rule out a recession in the world’s largest economy and now Aussie shares are plummeting.
The ASX 200 rose on Monday, snapping a 2.5 per cent weekly fall last week, but market sentiment remains low on Donald Trump’s tariff plans.
Australia’s biggest miner boasts operations in Australia, Chile and Canada, and now it’s making a new play for Africa.
A major US company has made a shock offer for troubled gaming giant Star Entertainment and it could transform the futures of three Aussie cities.
The owners of Jack Daniels are in meltdown mode after a massive call from Canada left them scrambling.
The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
A Canadian Premier has made a stunning threat to cut off the US “with a smile on my face” in response to Trump’s fresh tariffs.
Stock markets around the world have been spooked by what’s happening in America.
Chickpea sales to India have given the Australian economy an unlikely boost, according to the latest current account figures.
The global stock market has been smashed after Donald Trump announced looming tariffs on America’s three largest trading partners.
A US robotics company has launched a fresh search for MH370 and two maritime experts say there’s reason for cautious hope this time for one key reason.
Investors have been rocked by a turbulent addition to the increasingly complex global economy: a blisteringly fast new AI that threatens to dethrone the rest.
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
There’s a bloodbath happening on the US stock market amid concerning news out of China.
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
President Donald Trump’s brutal tariffs have sparked global panic – and there’s a terrifying sign that Australia could soon be in big trouble.
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
A proclamation signed by Donald Trump has revealed a surprise issue, hours after the PM asked the President for an exemption on steel and aluminium exports.
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Donald Trump is already creating a “new world order” weeks into his presidency – and Australia is at risk of being “caught in the crossfire”.
President Donald Trump has revealed where he stands on a major partnership with Australia after the Albanese government delivered a $798m payment.
Donald Trump has launched a scathing attack on a US agency he accuses of stealing “billions of dollars”, calling it “perhaps the biggest scandal in history”.
China has responded with two strong gestures following Donald Trump’s bold demands of the superpower.
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 is seeking talks with America “as soon as is humanly possible” after Donald Trump slapped new tariffs on Canada, Mexico and China.
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.
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.
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 were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
Aussie farmers have plenty to celebrate this Australia Day, with fresh figures revealing a stunning boom in red meat exports.
The US President has warned business and political leaders from every world nation that they will pay dearly for not playing by his rules.
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Donald Trump has refused to rule out using the United States military to seize control of the Panama Canal and Greenland.
Experts have warned that the Australian dollar could continue to plummet even further after falling sharply to a near-five-year low.
Greenland’s PM has raised eyebrows with a new push for the island’s future, as President-elect Donald Trump seeks a US takeover.
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.
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
Donald Trump has been warned by a former Aussie Prime Minister that any plans to impose tariffs on Australia could be illegal.
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.
Denmark has made a shift in Greenland after Donald Trump said he wished to obtain the island to strengthen the United States.
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.
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.
Australia’s major banks have emerged the losers in more drama today, with Commonwealth Bank leading the charge with an almighty tumble.
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.
The incoming US president has said making a country with the world’s 10th biggest economy the next state is a “great idea”.
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.
The incoming president hails massive investment by a Japanese holding company, which is set to create thousands of jobs.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
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.
Experts have unveiled a groundbreaking new innovation in China and it could be absolutely devastating for Australia.
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
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.
Australia’s sharemarket cracked a fresh record high on Tuesday, on the back of renewed economic confidence.
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
The world’s richest man and SpaceX CEO has issued a grim forecast for America’s economy.
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
An iconic actor has made a brutal call on a government that is facing a massive rebellion just months after a landslide victory.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/2