China warns of ‘necessary’ retaliation
China’s leader has issued a stern warning to the United States after President Donald Trump’s $285 billion Chinese tariff
World Markets
Uber IPO flops on first day
Uber suffered a bad first day trading as a public company as its shares slid into negative territory after opening and closed below its initial public offering price.
US stocks edge to records
Major US stock indices edged to records for a second straight session on Monday in a quiet opening to a heavy news week.
Microsoft is now a $US1 trillion company
Microsoft has become the world’s most valuable company in today’s stock market trade, hitting a market cap of $1 trillion and outstripping Apple.
Massive warning light just went off
The US is hurtling towards a recession with a financial apocalypse on its way. And it’s not a question of if Australia will be affected, but when.
Boeing shares hit hard after crash
The price of Boeing shares have taken a tumble following the crash of Ethiopian Airlines’ Boeing 737 Max 8, which came just months after the fatal Lion Air Boeing crash.
Buffett warns of ‘megacatastrophe’
When famous financier Warren Buffett gives his views on future trends and how they will impact on the world economy, people listen – which is why his latest missive has raised serious alarm.
The shoe explosion costing Nike
It may look like an odd photo from an amateur sporting event, but this picture has cost the global sports empire millions.
Aussie trader guilty of ‘spoofing’
Jiongsheng “Jim” Zhao was accused of manipulating prices by placing orders in the millions of dollars, then cancelling within milliseconds.
‘Hyper-crash’ will trigger meltdown
Experts have predicted a fresh global financial crisis that will be “unprecedented” in scale — and unfortunately, it’s due to hit soon.
Now China’s using cars to spy on you
Could your car betray you? It tracks where you go, how you get there – and what happens along the way. Then there’s all the internet enabled stuff inside. Who could be watching?
Dirty secret revealed in new Bitcoin crash
It was looking pretty good for a while, an odd period of stability. And then Bitcoin crashed — a crash that hides a much darker secret.
ASX finishes flat after horror week
THE Australian share market has dropped again at the open following another volatile session on Wall Street.
$50 billion wiped from ASX
THE Australian share market has recorded its worst close since the Brexit vote after a bloodbath on Wall Street overnight.
Trump could topple ScoMo’s plans
LABOR won’t be the biggest obstacle to Scott Morrison’s strategy to win the next election — it’s US President Donald Trump.
The world’s highest interest rates
THINK Westpac’s rate hike was tough? This country’s central bank just increased the cash rate to 60 per cent — the world’s highest.
Facebook CEO dealt a new blow
ONE day after Facebook lost $A160 billion to a huge share market plunge, CEO Mark Zuckerberg is in hot water again.
Facebook has biggest one-day loss in Wall St history
FACEBOOK has had more than $160 billion wiped from its market value, with Mark Zuckerberg’s personal worth dropping by a whopping $12 billion.
Sneaky way into property market
A COMPETITIVE property market is stripping many of their chance at buying a house, but some creative Aussies have found a way.
RBA cautious on bitcoin future
THE stability of the Aussie dollar may stop bitcoin from being widely adopted but that doesn’t mean cryptocurrencies don’t have a future.
Drone killer shares are flying
SHARES in DroneShield have soared after it won its biggest ever order for DroneGuns, a ‘rifle’ that disables drones electronically.
Tesla to sack 3600 workers
TESLA is slashing its workforce to cut costs without endangering the critical ramp-up of production of its Model 3 sedan.
Metcash facing $352 million hit
METCASH is facing a full-year loss after it announced a $352 million hit due to the loss of one of its SA supermarket customers.
Ivanka wins foreign trademarks
IVANKA Trump’s brand continues to win foreign trademarks in China and the Philippines, adding to questions about conflicts of interest at the White House.
Branson ‘training to become an astronaut’
THE Virgin boss revealed he’ll be blasted into space within months as the space race with Amazon’s Jeff Bezos heats up.
Myer slams ‘hostile’ Lew
MYER has called Solomon Lew’s continued criticism of the struggling department store chain “hostile and obstructive”.
The pizza slice now worth over $5 million
EIGHT years ago a man purchased two large Papa John’s pizzas for around $40. Today, they’re worth over $100 million.
May talks up Brexit future
BRITISH Prime Minister Theresa May says she could be trusted to deliver Brexit, but that it could not be done without compromises on all sides.
R Kelly’s music banned
DIGITAL music giant Spotify has pulled R Kelly’s music from its playlists due to a new policy on hate content and hateful conduct.
Buffett not worried about China
WARREN Buffett says it is not likely that the US and China will come to loggerheads on trade, saying the two countries would avoid doing “something extremely foolish”.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/28