Trading DayTrading DayHesta dumps remaining stake in Chris Ellion-led Mineral Resources. Steps made to thaw US-China trade tensions. Woolworths invests more than $100m in lower prices. New leaders at South32, IDP.
EditorialProspects for the global economy depend in no small measure on the outcome of US-China talks in Geneva but Donald Trump is unlikely to retreat on his fondness for tariffs.
Editorial
EXCLUSIVENationForeign policy experts warn Anthony Albanese’s Jakarta visit may be all photo ops and no strategy, as Indonesia edges closer to Russia and China.
TariffsThe Wall Street JournalDonald Trump hailed a ‘total reset’ in US-China trade relations, ahead of a second day of talks aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.
Brian Schwartz
Final candidatesThe TimesDame Barbara Woodward, Britain’s ambassador to the UN, is the runaway favourite to head the foreign intelligence service MI6. Yet critics say she is too sympathetic to China.
TIM SHIPMAN
resistance before rescueThe Wall Street JournalFacing a rising threat from Beijing, Taiwan races to overhaul its military and secure US President Donald Trump’s backing.
Joyu Wang
Business Breaking NewsQueensland will embark on a key trade mission to China this week, including opening a new office in Shenzhen.
stage set for thawThe Wall Street JournalUS President Donald Trump cites progress on negotiating a ‘total reset’ on trade.
Brian Schwartz
Key gatekeeperThe Wall Street JournalThe dispatch of Wang Xiaohong to Switzerland signals the importance of the fentanyl issue in the relationship.
Lingling Wei and Brian Schwartz
military paradeThe Wall Street JournalVladimir Putin hosted the largest gathering of foreign leaders since the start of Russia’s invasion of Ukraine, including Chinese leader Xi Jinping, as the Russian president put on a display of military might to celebrate the Soviet Union’s defeat of the Nazis in World War II.
Thomas Grove
trade warThe Wall Street JournalMajor stock markets mostly rose Friday on growing optimism that tariff tensions will ease.
AFP
ChinaWorldDonald Trump’s 145 per cent tariff wall has hurt Liuyang, the world capital of the fireworks industry in China’s central Hunan province – but less than you might think | WATCH
ExchangeThe Australian sharemarket has been buoyed to its highest point in two months by the preliminary deal between the US and UK as weekend talks with China loom.
NEWSNewsWireChina has accused Australia, the United States and the Philippines of “creating trouble”.
Rhiannon Lewin
Trading DayTrading DaySuper fund Hesta has put WiseTech on its watchlist over concerns related to chair Richard White. Macquarie’s annual profit has investors on a tear. US has de-escalatory carrot ready for weekend’s China trade talks.
violating ceasefireWorldVladimir Putin and Xi Jinping put on a display of defiance against the West in Moscow on Thursday ahead of the Kremlin’s Victory Day celebrations, while Ukraine accused Russia of violating a supposed three-day truce Putin had ordered for the occasion.
AFP
EditorialChinese leader Xi Jinping’s arrival in Moscow for the 80th anniversary of Russia’s ‘Victory Day’ is an ominous reminder of how he and Vladimir Putin are deepening their ‘no limits’ alliance.
Editorial
Fine artsVisual ArtsAniwar Mamat’s work is inspired by traditional felt makers in China’s Xinjiang province as well as by the corrugated iron sheets outside his window during Beijing’s Covid lockdown.
sino-russia allianceThe TimesRussia is preparing for a Victory Day parade that will showcase a new alliance with China with Xi Jinping the main guest in a line-up of world leaders who’ve resisted pressure to shun Russia.
Richard Spencer
US ‘up in smoke’AgribusinessChina has effectively blocked US beef from entering the country, and is instead looking to Australia to fill the vacuum with even the most patriotically American branded restaurants looking increasingly Aussie.
trade talksThe Wall Street JournalBeijing’s outreach to Washington over fentanyl created an opening for a bilateral meeting in Switzerland this weekend.
Lingling Wei and Brian Schwartz
China was a major beneficiary of globalisation, so will be looking for ways to salvage parts of the model. Australia will do the same.
Trading DayTrading DayBanking giant trims Australia’s GDP growth forecast. Nearly 20 per cent of Woodside investors reject election of climate director. BlueScope warns of an inflation jump from President Trump’s tariffs as he spruiks deal with the UK. Aussie dollar in demand.
EXCLUSIVEPoliticsThe Albanese government is seeking to persuade the US to take a more considered approach with China when the two superpowers’ treasury and trade officials meet in Switzerland this week.
Business Breaking NewsA rally in the commodities sector and a strong result from a major bank drove the ASX 200 higher during Wednesday’s trading.
Cameron Micallef
AnalysisMarketsTrade deal hopes buoyed stocks and sparked profit taking on gold after the US and China said officials would meet for the first time since the tariff war erupted.
TalksWorldThe US Treasury Secretary and US Trade Representative Jamieson Greer will meet Beijing officials later this week in Switzerland, jump-starting trade talks between the two nations.
Trading DayTrading DayChina has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump’s sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
Pacific tensionsWorldRelief in Canberra as Jeremiah Manele averts a high-stakes no-confidence vote led by his pro-Beijing predecessor Manasseh Sogavare after a tense day of political manoeuvring.
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Trading DayTrading DayTrump tariffs in focus for business leaders at Macquarie conference. HMC Capital in talks to re-tenant Healthscope facilities. Regal Partners explains why it abandoned Platinum bid.