Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
World Economy
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.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Aussie dollar goes on staggering surge
The Aussie dollar surged this month in multiple countries, giving travellers the confidence to head overseas to spend their hard-earned cash.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Mining meltdown puts 2500 jobs in limbo
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
New crisis to hit shoppers with higher prices
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Millions to save banks in key security region
Treasure Jim Chalmers has called on major Aussie banks to continue servicing Australia’s closest international neighbours, pledging $6.3m to help.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Fears Pacific countries could lose banks
Heads of state and senior banking executives will convene in Brisbane for a two-day forum to address concerns banks could pull out of Australia’s Pacific neighbours.
The big reasons Aussies hate their jobs
The big reasons Australian workers grow to hate their jobs and look for alternatives have been uncovered in a massive survey.
Aussie shares dip in wait for US open
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
1400 jobs in limbo as mine fire burns
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
Australia in $7.5 billion a month free fall
Things were going well with a key trading partner until a few years ago, now things have taken a turn for the worse, and it’s taking a brutal toll.
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
‘Disastrous’: Fears for Trump presidency
Alarm bells have been sounded that if Trump wins the presidency it could see the global economy blow up and spell bad things for US democracy.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
ASX dips in quiet trading after hawkish RBA
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
‘Biggest threat’: State’s major Trump warning
The re-ascension of Donald Trump to the US Presidency could have serious knock-on effects for one Australian state’s economy, its treasurer has warned.
ASX drifts lower on China woes
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Nation burns as President stokes chaos
A far-right leader’s attempts to overhaul a major nation’s economy has resulted in chaos on the streets.
ASX extends losses as US rate decision looms
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
Grim call on rate cuts in Australia
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
ANZ makes horror 2025 rates prediction
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Top economist predicts ‘crash of a lifetime’
An outspoken financial author and leading economist is standing by a bold prediction of global financial ruin.
Original URL: https://www.news.com.au/finance/economy/world-economy/page/4