Return of the trade wars: Trump threatens Mexico and Canada with tariffs
President-elect Donald Trump has announced plans to impose significant tariffs on goods from Mexico, Canada, and China immediately upon taking office on 20 January.
Read MoreEconomics
Russell 2000 hits record high on policy and rate-cut optimism
The Russell 2000 index, which tracks US small-cap companies, reached an all-time high on Monday, buoyed by expectations of tax cuts under a second Donald Trump administration and optimism over further Federal Reserve rate cuts.
Read MoreMacy’s uncovers $154m accounting error
Macy’s (NYSE: M) has delayed its fiscal third-quarter earnings release after discovering that an employee hid between $132m and $154m in delivery expenses over several years.
Read MoreUniCredit throws a curveball with 10.5bn BPM bid
UniCredit (BIT:CRDI) has launched a surprise €10.5bn all-share bid for its domestic rival Banco BPM (BIT:BAMI), sparking political backlash and concerns about the impact on Italy's broader banking strategy.
Read MoreNorthvolt short circuits Europe’s green ambitions
Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has filed for Chapter 11 bankruptcy protection in the United States, marking a significant
Read MoreUPS delivers $45m surprise: Accounting package gets returned to sender
UPS (NYSE: UPS) has agreed to pay US$45m to settle allegations by the US Securities and Exchange Commission (SEC) that it improperly valued its freight business.
Read MoreNvidia delivers record AI results, but Wall Street isn’t impressed
Despite strong performance, Nvidia's stock has fallen, reflecting investor unease over Q4 guidance and rising costs.
Read MoreUK inflation rises to 2.3%, increasing pressure to delay rate cuts
Inflation in the UK surged to 2.3% in October, reversing a downward trend earlier in the year and placing pressure on the Bank of England to delay further interest rate cuts until at least next year.
Read MoreComcast cuts the cord on cable networks with spin-off plan
Comcast Corporation (NASDAQ: CMCSA) is moving forward with a plan to spin off its cable TV networks, including MSNBC, CNBC, USA, E!, Syfy, and Golf Channel.
Read MoreTarget plunges over 18% on earnings miss
Target Corporation (NYSE: TGT) have plummeted in premarket trading after the retailer reported disappointing third-quarter earnings and reduced its full-year guidance.
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Putin’s nuclear warning rattles European markets
European stocks declined on Tuesday as geopolitical tensions spiked following President Vladimir Putin’s revision of Russia’s nuclear doctrine in response to Ukraine’s use of US-made long-range missiles.
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Trump 2.0: Why investors should expect a somewhat rougher ride, but it may not be as bad as feared
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses what to expect under Trump.
Read More230,000 new investors join crypto craze
Bitcoin has soared past the US$90,000 mark, driven by a combination of political and economic factors following Donald Trump’s presidential election win on 5 November.
Read MoreWarner Discovery rebounds with new NBA settlement
Warner Bros Discovery has reached a settlement with the NBA, resolving a legal dispute over TV rights and securing an 11-year agreement to retain its presence in professional basketball, albeit with reduced domestic broadcasting privileges.
Read MoreLithium supply chain dreams short-circuited
Kent Masters, the CEO of Albermarle, the world’s largest lithium producer, has voiced concerns that pivoting away from China for critical mineral supply chains in North America and Europe is economically unfeasible under current market conditions.
Read MoreTrump bump wobbles, US inflation scare?, US shares offer no risk premium over bonds, RBA, Wages
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreCharging down: Trump team to scrap tax credit – with Tesla’s support
President-elect Donald Trump’s transition team is planning to eliminate the $7,500 federal tax credit for electric vehicle (EV) purchases, a move that could hinder EV adoption across the United States.
Read MoreChina makes waves with offshore solar project
China has taken a step forward in renewable energy, launching the world's first gigawatt-scale offshore solar photovoltaic project.
Read MoreCbus faces Senate grilling
Cbus Super CEO Kristian Fok is set to appear before the Senate Economics References Committee today in relation to a range of matters, including ASIC’s latest allegations of failed insurance claim handling.
Read MoreWeight loss drugs, supercomputers, sovereign AI and Denmark
Denmark is at the forefront of integrating artificial intelligence within structured regulation, recently launching a new AI supercomputer.
Read MoreShell wins Dutch court battle over emissions targets
Shell has successfully appealed a 2021 ruling by a Dutch court that required the company to cut its global carbon emissions by 45% by 2030, from 2019 levels.
Read MoreAlibaba launches AI search tool for small businesses
Chinese e-commerce giant Alibaba has launched a new artificial intelligence-powered search engine, named Accio, aimed at helping small businesses in Europe and the Americas source supplies more efficiently
Read MoreTesla’s stock soars as Musk-Trump alliance drives investor optimism
Tesla’s stock has seen a remarkable week of gains, surging around 20% over the past five days.
Read MoreFive ways to turn down the noise, stay focussed (and survive Trump)
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, provides some tips for investors.
Read MoreChinese stocks fall on stimulus disappointment
Chinese stocks in Hong Kong fell on Monday after Beijing’s high-profile fiscal stimulus plan failed to meet investor expectations.
Read MoreNissan parks 9,000 jobs to steer through crisis
Nissan has announced a major restructuring plan in response to mounting financial losses, including the elimination of 9,000 jobs from its global workforce and a 20% reduction in production capacity.
Read MoreMiners hit as China stimulus falls short and trade war fears grow
Australian mining stocks fell sharply as concerns over China's economic direction and potential trade war risks weighed on the market.
Read MoreBitcoin breaks $80,000 milestone as Trump’s pro-crypto stance fuels rally
Bitcoin has surged past the US$80,000 mark for the first time, reaching A$122,894 on Sunday. This historic high comes as investor confidence soars following Trump’s re-election.
Read MoreChina unveils $2.1 trillion debt support plan: Markets react cautiously
China announced a significant 10 trillion yuan stimulus package aimed at addressing its growing local government debt burden.
Read MoreChina and Indonesia: New strategic partnership
China and Indonesia have agreed to deepen their strategic partnership, boosting opportunities for infrastructure and commodity investments, and reinforcing economic and security ties amid global uncertainties.
Read MoreAustralia braces for Trump slump
Treasurer Jim Chalmers has cautioned that Australia will feel the impact of trade tensions arising from Donald Trump’s election as US president, warning of potential economic challenges.
Read MoreAmazon and Walmart look to the skies
Amazon and Walmart are expanding their drone delivery programs in key US locations, aiming to revolutionise the way consumers receive their purchases.
Read MoreStocks of the Hour: Equinox Resources, Native Mineral Resources, Polymetals Resources
A snapshot of the stocks on the move, featuring Equinox Resources (ASX:EQN), Native Mineral Resources Holdings (ASX:NMR) and Polymetals Resources (ASX:POL).
Read MoreEmerging markets rattled
The resurgence of the “Trump trade” has pushed US Treasury yields higher and triggered broad sell-offs in emerging market currencies and stocks.
Read MoreClean energy stocks tumble
Shares in renewable energy companies, both in the US and Europe, fell sharply on Wednesday following Trump’s victory in the US presidential election. Investors responded to Trump's pledge to "end the green new scam" and roll back climate regulations established under Biden.
Read MoreGold and other commodities fall as Trump victory triggers dollar surge
Gold prices fell sharply on Wednesday, hitting a three-week low. A rotation into riskier assets, like equities and cryptocurrencies, and a surging US dollar were big contributors to this drop.
Read MoreDonald Trump elected President of the US (again), Implications for investors and Australia
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the return of Trump.
Read MoreTrump trades: US dollar, stock futures, bonds, Bitcoin
Markets have rallied as Donald Trump’s re-election sparks a resurgence in “Trump trades”. Investors are piling into assets expected to benefit from his pro-growth, protectionist policies.
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