World markets crater, worst fears confirmed
Trillions of dollars have been wiped off stocks and some of the world’s biggest companies have seen staggering losses as fears of a global recession rise.
World Economy
‘I didn’t fall’: Albo’s claim after stacking it
Prime Minister Anthony Albanese has taken a tumble while getting ready for a picture opportunity in the Hunter – but he doesn’t see it the same way.
Aussie market loses $21bn in Trump chaos
US President Donald Trump’s ‘Liberation Day’ tariffs on the world’s major economies triggered a sharp fall in Australian stocks, wiping out $21bn in value.
Trump tariffs to destroy iconic Aus tradition
The new tariffs being introduced by Donald Trump could lead to more of our meat being shipped offshore, pushing up local prices.
RBA’s stunning Trump warning for Aussies
The RBA has just delivered a stark warning that Donald Trump’s trade war could trigger disorder in the global economy and hammer Australians.
‘Dirty’ countries decimated by Trump tax
Donald Trump has reserved the harshest tariffs for what he calls “dirty” countries – some of the world’s most vulnerable developing economies.
Turnbull mocks Trump in brutal take-down
Malcolm Turnbull has mocked Donald Trump in a pugnacious address to the National Press Club, saying Aussies need to stand up the ‘billionaire bully’.
Albo’s warning to Trump on tariff threat
The Prime Minister says there are several issues of concern the US has raised that could attract tariffs on President Donald Trump’s “Day of Liberation” list.
‘Absurd’ Trump move to smash Australia
The world could be lurching towards brutal global recessions, with a key Trump administration deadline now just a few hours away.
‘Mayhem’: $38bn wiped off Aussie market
A new report into US President Donald Trump’s tariff policy has sparked investors’ fears, with billions wiped from global markets.
Trump D-day to shake up campaign
Voters will be watching Anthony Albanese and Peter Dutton closely this week, with another round of Trump tariffs set to shake up the campaign.
Surprise reason holidays to Bali are cheaper
Holidays to Bali have become cheaper this year — and Aussie travellers have Donald Trump to thank for the boon.
‘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.
Albo’s invite to Trump despite tariff threat
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.
ASX edges higher as tariff talk softens
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
Albo and Trump set for showdown
The Aussie PM and US President have taken radically different approaches in one key area – and both could spectacularly backfire.
Fresh warning as China sparks arms race
A massive arms race is sweeping the Asia-Pacific region as countries like Australia grow alarmed over the China threat.
Pledge as US tech giants target Aussies
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.
Concerning sign amid GFC-style crash fears
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.
Middle East turmoil spooks ASX
The Australian sharemarket relief rally continued for the third straight day on Tuesday, although the afternoon’s trading session will likely disappoint investors.
US tariffs threaten Australia’s soft landing
Australian businesses have been hit with a grim forecast for the year ahead, as US President Donald Trump implements his tariff plan.
RBA not sold on the next rate cut
The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs complicate the decision.
Four-word warning to Trump on tariffs
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.
‘Hurt us’: Aus Trump measure could backfire
Patriotic ‘Buy Australian’ feeling emerged on ABC’s Q+A on Monday night, with the domestic steel industry at the centre of the debate.
Trump shadow to hit Aussie growth
Australian economic growth will likely slow over the next two years, a leading forecaster has warned, as Trump’s tariff agenda shadows the world.
Fears Trump will hit vital Aussie industry
Trump’s global tariff rampage could hit a key industry in Australia with fears it could push up prices for essential medicines.
‘Stop’: Qantas boss’ dark warning to Aussies
Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
ASX 200 snaps three day losing streak
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.
Lambie slammed for wild Pine Gap threat
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.
Shorten urges Aus ‘fight back’
The former senior minister has offered his colleagues some free advice after the US hit Australia with sweeping steel and aluminium tariffs.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/2