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.
World Economy
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.
Sign it’s ‘already too late’ to save China
China’s eerie “ghost cities” provide cold, hard proof that Xi Jinping has failed as an “economic tsunami” threatens to unleash chaos.
Aussie shares fall on mining, Wall St wobble
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
Big call on rate hikes amid inflation fight
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
Aussie beef caught up in US strike
Aussie beef destined for US hamburgers has been left stranded in US waters as tens of thousands of American port workers strike.
Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
‘Imploding’: China crisis we can’t ignore
China is in financial turmoil as its lucrative property market implodes – and the consequences for Australia will be inescapable.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
Chalmers’ relief after China’s big move
Treasurer Jim Chalmers says a major move by China could be a game changer for a key sector of Australia’s economy.
‘$40 billion’: Huge hit to Australian economy
New forecasts show Australia’s resources and energy sector earnings are set to plummet, as a dire consequence of EV sales emerges.
Aussie shares snap three-day losing streak
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
Green shoots ahead for Aussie economy: OECD
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
‘Lot at stake’: Jim’s mission to China
The Treasurer will be travelling to China for two days following concerns China’s slumping economy could have a dire effect on Australia.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
US is in danger of shutting down, again
The possibility of a US government shutdown is now looming large after a deadlocked Congress was unable to pass an extension.
Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
‘Ponzi scheme’: Financial crisis engulfs China
China is in the middle of a full-blown financial crisis of its own making – and there will be dire consequences for Australia as a result.
US Federal Reserve drops rate cut bombshell
The US Federal Reserve has dropped a rate cut bombshell that is set to have huge ramifications on the looming presidential election.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Australia locks in contentious new trade deal
Australia has signed a massive new trade deal with a Middle-Eastern powerhouse, but the agreement has sparked controversy.
New record high for Aussie shares
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
China launches flight to major Aussie city
A Chinese airline company has just announced new direct flights connecting mainland China with a major Aussie city.
‘Ignored’: Grim warning on rate hike crisis
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
Tech giant’s bombshell admission
US tech giant Meta has admitted to systematically scraping the public data of millions of Australians to train its AI products.
Aussie shares lift on energy, Wall St bump
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
‘Strange’: Kamala steals iconic Aussie idea
When Kamala Harris unveiled her policy platform for the upcoming US election, many Aussies were left with a strange sense of deja vu.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
‘Panic’ as global markets in ‘meltdown’
The last 10 days have seen global markets experience the most jarring rollercoaster ride since the pandemic. Here’s what’s really going on.
‘Resign’: US in uproar as stock market dives
With the American stock market suffering its worst one-day fall in years and global markets faring even worse, one name keeps coming up.
Pain coming as recession point ‘triggered’
New US jobs data has just dropped and it’s not great reading with a key indicator of a recession being imminent.
Aussie shares retreat on mining slump
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Aussie shares lift on Wall St rebound
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
‘Trouble’: Chilling issue hitting Japan
It’s a problem across the world and government’s are struggling to solve it. It could mean a drop in living standards for everyone.
‘Forced birth’: Shock detail in leaked doc
One tiny detail in a leaked government document has revealed China’s massive backtrack in one key area, setting alarm bells ringing.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Trump could plunge Australia into recession
There are increasing warnings that Australia could be plunged into a nightmare scenario if Donald Trump becomes president and a battle emerges with China.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Aussie shares rebound on Wall St uplift
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
Massive threat issued to tech giants
The eSafety Commissioner has officially put the tech giants on notice: Do more to protect Aussie kids or cop massive fines.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Aussies shares dive on Wall St tumble
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
ASX retreats after record high
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/3