‘Can’t ignore’: World economy in meltdown
Stock markets around the world have been spooked by what’s happening in America.
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.
Donald Trump has revealed huge tariffs for three nations and it has had an immediate effect on Australia.
Australia’s grim economic outlook has been revealed, with the federal budget tipped to have its sharpest retraction since covid.
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.
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.
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.
An epic showdown between China and the USA is looming – and it poses a huge threat to Australia and the entire global economy.
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.
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.
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
One group of workers faces widespread sexual harassment across multiple industries in Australia, a horror survey suggests.
The price of gold is falling just weeks after reaching a record high, as investors factor in a stronger US dollar.
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
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.
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Donald Trump’s election win will cause economic shockwaves across the globe – and Australia won’t be able to dodge the fallout.
The cost of living is set to rise under the Trump administration if the newly elected President passes his tariffs plan on in full.
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
The US Federal Reserve approved its second consecutive interest rate cut on Thursday night, though experts have some disappointing news for Aussies.
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.
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.
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
The price of crypto has gone to new heights as Donald Trump enjoyed a strong start in his path to electoral victory.
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
Recent polls have hit the stock market in the US as traders rethink their predictions of a Donald Trump victory.
The UK has been hammered with the biggest tax hikes in the nation’s modern history in a brutal new budget.
One of the world’s leading experts has claimed we are lurching towards a devastating conflict that will make your blood run cold.
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.
Australia’s over-reliance on this trading partner will see our living standards fall within the next ten years, experts have warned.
The 56-member Commonwealth said on Saturday that “the time has come” for talks on “reparatory justice” for the trans-Atlantic slave trade.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/3