Trade war is on as China strikes back
Beijing has warned it will slap tariffs on 128 US products in retaliation against President Donald Trump's approval of $US60b of tariffs on Chinese products.
Beijing has warned it will slap tariffs on 128 US products in retaliation against President Donald Trump's approval of $US60b of tariffs on Chinese products.
Trump's risky announcement of wide-ranging tariffs of up to 25 per cent against Chinese goods and harsh investment restrictions was laced with classic Trumpism.
The sharemarkets has dived 1.7 per cent, wiping about $28 billion off the S&P/ASX 200 for its worst performance since early February.
Banks were warned by the corporate regulator highly automated processes for approving credit card limit increases could create a tension with responsible lending. Follow live here.
Derryn Hinch says he will accept an increase to the bank levy, rather than exempting the big banks from company tax cuts.
Switching out of senior bonds and hybrids to invest in Australian residential mortgage-backed securities is one of the more surprising recent trades, writes Christopher Joye.
Australia is a global outlier in the way it taxes dividends and incomes in retirement.
UK fintechs will be able to use a new 'bridge' to compete more aggressively in the Australian market, while greater co-ordination will help local start-ups lift exports.
Transurban says it does not need Sydney's WestConnex to continue to grow as it expands into Canada.
Warren Buffett-backed Chinese battery player is aiming to double its share of the fast-growing market for home batteries in Australia this year.
CBA gave a roofer making $70,000 a year credit cards and increased his credit limit to $35,000 despite knowing he was a gambling addict.
Commonwealth Bank's embarrassing money laundering debacle inches towards a conclusion with orders for mediation.
Goldman Sachs Group chief executive Lloyd Blankfein said a recent media report speculating about his possible retirement this year was wishful thinking.
South African media company Naspers is selling $US10.6 billion of Tencent shares in a sliver of one of the greatest venture-capital investments ever.
"US cash rates have now moved above Australia's for the first time in 18 years. This is clearly unusual historically, but reflects respective macro cycles," Andrew Ticehurst said.
Facebook is one of the stocks that has helped lead the bull market. But will its woes drag others down?
Global equity investors have questioned CEOs of the big four about the impact the banking royal commission will have on compliance and regulatory costs.
There has been a lot of bad public policy and bad politics in Australia in the past 15 years. And occasional moments of the alternative.
The environmental defenders see more bust than boom in the thermal power business.
Facebook's chief has pledged to do more to protect its users' data after the Cambridge Analytica scandal, but it should be too little too late.
The Turnbull government hopes to close the deal on its company tax cuts as early as Monday.
The closure of AGL Energy's Liddell power station may mean blackouts for about 200,000 NSW homes unless further commitments are made to replace the capacity, the energy market operator has warned.
Australia has a lot to lose from partisanship and chaos in the wake of November's congressional elections, a new report says.
Denying retiree investors refundable franking credits could lift the cost of capital for Australian firms, leading to less investment and fewer jobs.
Growth is solid, unemployment low and confidence up. So why is the Coalition heading to defeat?
Donald Trump replaces his national security adviser H.R. McMaster with controversial hardliner John Bolton.
The company that makes Britain's current passports says "now this icon of British identity is going to be manufactured in France".
Less than two years after becoming Peru's President, former Wall St investor Pedro Pablo Kuczynski has resigned ahead of an imminent impeachment vote.
If Emmanuel Macron, has made one thing clear, it is that he is not afraid to shake-up France and take on its venerable institutions.
China could hit back with measures against America's $US140 billion of annual exports to the Asian powerhouse if President Trump imposes tariffs.
A cohort of grey voters who won't change their vote makes compulsory superannuation fair game for all.
Prospects of a near-term rise in wages growth remain weak as a surge in available workers swamps the labour market, keeping the jobless rate from falling.
Fortis Development Group has led the race in establishing Sydney's build-to-rent sector, launching the construction of 17 new apartments for rental in the eastern suburb of Double Bay.
Professional firms have long had a reputation for protecting rainmakers and the powerful. That is rapidly changing with the #MeToo movement.
The gutting of the Australian Public Service by successive governments has led to the "overuse and misuse of consultants", a former head of Prime Minister and Cabinet says.
As if being overworked wasn't bad enough, clients are giving lawyers such a tough time that the mid-tier continues to splinter.
The flames of "conspiracy" were again fanned last week by the Federal Court's decision not to order the release of the correspondence about the 1975 dismissal of the Whitlam government.
It's odd to think that depriving yourself of a necessity for life might be one of the most powerful ways to transform your health. Here's everything we know about it.
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