Latest
- Exclusive
- China relations
Upbeat on China, mining chiefs target green energy deals
The CEOs of Australia’s top three iron ore miners have used a trip to Beijing to praise China’s economic turnaround, saying they want to work with it to tackle climate change.
- Michael Smith
China steps up regional Asian investment to counter US influence
The increased focus on investment in East Asia and Pacific nations comes as Washington rolls out its strategy of ‘integrated deterrence’ across the Indo-Pacific to counter China’s rise.
- Emma Connors
Putin to deploy nuclear weapons in Belarus
The Russian president likened his plans to the US stationing its weapons in Europe, and said that Russia would not be transferring control to Belarus.
- David Ljunggren
King Charles postpones trip to France amid unrest
That Charles had chosen France as his first overseas destination as king had highlighted Britain’s desire to mend the relationship with its European neighbour.
- Aurelien Breeden
Trump predicts ‘death and destruction’ if he’s indicted
In a post after midnight on Friday on his Truth Social platform, Trump asked how a former president could be charged with a crime.
- Mark Niquette and Patricia Hurtado
IMF chief warns of further risks to financial system
Kristalina Georgieva said the transition from a prolonged period of low interest rates to much higher rates inevitably generated stresses and vulnerabilities.
- Updated
- Joe Leahy
Opinion & Analysis
Why the ‘isolated’ bank crisis won’t change Powell’s inflation fight
The US Fed chairman is focused on fighting inflation, but the Fed is unsure to what extent recent bank failures have cooled demand and slowed lending.
United States correspondent
The one group still winning from the banking crisis
Depositors have escaped unscathed from the collapse of Credit Suisse and the US banks – investors not so much.
United States correspondent
Xi’s peacekeeping push with Putin alarms West
Xi Jinping received a red-carpet welcome in Moscow, but the US accused him of providing diplomatic cover to Vladimir Putin to commit atrocities in Ukraine.
North Asia correspondent
Xi’s embrace of Putin dents his chances of playing peacemaker
Xi’s trip marks his most ambitious effort yet to weigh into Europe’s bloodiest conflict since World War II.
Contributor
From the Financial Times
IMF chief warns of further risks to financial system
Kristalina Georgieva said the transition from a prolonged period of low interest rates to much higher rates inevitably generated stresses and vulnerabilities.
- Updated
- Joe Leahy
Commercial property risks rise on bank investors’ worry list
Offices are seen as the area of biggest risk after tenants cut back on space to reflect the popularity of working from home following pandemic lockdowns.
- Jennifer Hughes, Harriet Clarfelt and Joshua Chaffin
Wall Street CEOs seek new plan for First Republic
The executives were set to discuss if anything more could be done for the California-based lender on the sidelines of a pre-planned gathering in Washington.
- Stephen Gandel, Joshua Franklin and Brooke Masters
This Month
No reason to doubt Deutsche, says German leader as shares fall
Europe’s leaders tried to calm investors as Deutsche Bank shares plunged and European markets were caught in further turmoil over the crisis in banking.
- Reuters
Xi Jinping recruits Putin in battle against the West
Xi Jinping’s overt display of flattery in Moscow this week underscores the Chinese leader’s need to keep his old ally close at a time when he wants to take on the West
- Michael Smith
- Exclusive
- World politics
Singapore’s first family rift takes even nastier turn
The estranged brother of Singapore’s Prime Minister Lee Hsien Loong has hit back after being labelled a liar and absconder in parliament.
- Emma Connors
CEOs return to China for Xi’s Davos
After years of closed borders, Australian business leaders will return to China in force this weekend despite diplomatic tensions.
- Michael Smith
France in flames over Macron’s pension reforms
Protests escalated across France after President Emmanuel Macron compared them to the US Capitol riots in 2021.
- Horaci Garcia, John Irish and Ingrid Melander
Swiss regulators defiant on $26b Credit Suisse bond wipeout
Amid growing signs of a lawsuit against the UBS-Credit Suisse deal, the Swiss regulator said its AT1 bond write-off was necessary and contractually permitted.
- Updated
- Hans van Leeuwen
Commercial property risks rise on bank investors’ worry list
Offices are seen as the area of biggest risk after tenants cut back on space to reflect the popularity of working from home following pandemic lockdowns.
- Jennifer Hughes, Harriet Clarfelt and Joshua Chaffin
EU hopes to avoid showdown on combustion engine phase-out
Last-minute opposition from Germany has stalled the EU’s flagship law to end sales of new CO2-emitting cars in 2035, putting on hold part of the bloc’s strategy to reach net-zero emissions by 2050.
- Kate Abnett and Philip Blenkinsop
AUKUS tech sharing clears first hurdle in US Congress
A bill designed to speed up sharing of secret military technology under the AUKUS pact has passed the Congress’ lower house.
- Matthew Cranston
The secret behind Japan’s absolutely perfect strawberries
Most farmers have stopped growing the fruit during the far less lucrative warmer months.
- Hiroko Tabuchi
Rishi Sunak made millions in non-political income, tax return shows
The UK prime minister received almost £600,000 in investment income and £3.8 million in capital gains between 2019 and 2022.
- Joe Mayes
- Opinion
- Monetary policy
Why the ‘isolated’ bank crisis won’t change Powell’s inflation fight
The US Fed chairman is focused on fighting inflation, but the Fed is unsure to what extent recent bank failures have cooled demand and slowed lending.
- Matthew Cranston
Lockdown-busting parties ‘essential’, Boris Johnson says
The former UK leader told MPs he did nothing wrong in the partygate saga, while his successor, Prime Minister Rishi Sunak, scored a Brexit win.
- Hans van Leeuwen
ECB officials viewing inflation threat feel vindicated on increase
Policymakers at the European Central Bank are more concerned about unvanquished inflation than any damage to economic growth from recent bank turbulence.
- Jana Randow and Alexander Weber
Canada leads G7 nations as population jumps by 1m for first time
Canada added a record number of people last year, bringing its population to 39.6 million, boosted by immigrants and the intake of Ukrainian refugees.
- Randy Thanthong-Knight
Australian coal trickles into China in February
Chinese customs data has confirmed that Australian coal was imported last month, although the volumes were low.
- Michael Smith
Xi, Putin attack AUKUS deal as geopolitical divisions widen
Xi Jinping and Vladimir Putin say they have “serious concerns” about Australia’s AUKUS pact.
- Updated
- Michael Smith
What banking crisis? Trump arrest talk steals America’s attention
The United States, wracked by a banking crisis, is riveted by the former president’s possible indictment over alleged hush money to a porn star.
- Matthew Cranston
‘Like a horror movie’: US banks go off script
US filmmaker Clark Coffey watched on in horror as his bank wobbled and others collapsed.
- Updated
- Matthew Cranston
Hong Kong is opening its doors to billionaires in a family office push
The Wealth for Good summit, seen as a showcase of soft power, is aimed at sending the world’s super rich a message: the city is back in business.
- David Ramli