Australia’s economy was the envy of the world. Now it’s falling behind
After record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes.
Category Archives: Economy
Meta’s move to end fact-checking reflects turn toward freewheeling internet
Mark Zuckerberg's invocation of 'cultural tipping point' comes as number of fact-checking initiatives has plateaued.
As Trump talks up trade war with China, fears rise for rare earths supply
Beijing dominates the production of critical elements used in the production of electronics, vehicles and weapons.
China’s millionaires eye the exit as economic storm clouds gather
Some 15,200 Chinese millionaires were expected to relocate in 2024, according to Henley & Partners.
Biden to block Nippon Steel’s takeover of US Steel, reports say
US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.
Singapore economy grows 4%, beating forecasts
Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.
Japan Airlines hit by cyber attack, delaying some flights
JAL says it has suspended ticket sales for all services on Thursday following incident.
South Korea’s economy rattled by martial law decree
South Korean president's bid to erase 'Korea discount' sputters after martial law declaration unnerves markets.
Bitcoin tops $100,000 after Trump picks crypto-friendly SEC chair
Cryptocurrency surges to new high after Paul Atkins is nominated to head the Securities and Exchange Commission.
Musk’s $101bn Tesla pay package again rejected by US judge
Judge says Tesla's 'unprecedented theories' do not support argument to reverse previous ruling scrapping pay deal.
Encircled by geopolitical risks, Armenia builds a lively tech startup scene
Ex-Soviet state is betting on a growing tech eco-system to drive its economy in region rife with geopolitical tensions.
Cars to fruit: The goods set to get pricier under Trump’s tariff plans
US president-elect's proposed tariffs on China, Canada and Mexico would raise the prices of numerous products.
Game evoking Oct. 7 Hamas attack pulled after police appeal, creator says
Computer game distributor said Operation al-Aqsa Flood removed from Stream at request of UK police, emails show.
Joe Rogan responds after Australian media boss decries ‘repulsive’ impact
Chair of Australia's national broadcaster claims podcaster preys on 'people's vulnerabilities' and 'fear'.
What are Trump’s plans for tariffs on China, Canada and Mexico?
US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country.
Trump promises 25% tariff on Mexico and Canada, extra 10% tariff on China
US president-elect says measures will remain until countries stamp out irregular border crossings and drug trafficking.
Bitcoin nears $100,000 as investors bet on crypto-friendly Trump policies
World's popular digital currency rises as high as $99,073 on expectations Trump will ease legal and regulatory hurdles.
‘Do you sell cars?’: Jaguar’s rebrand prompts mockery, confusion online
British luxury automaker's advertising campaign features models of varying ages, genders and races - but no cars.
Musk, Ramaswamy outline plans for ‘drastic’ cuts as gov’t efficiency tsars
Trump allies say they will 'liberate individuals and businesses from illicit regulations never passed by Congress'.
Trump taps Fox Business host Sean Duffy for transportation secretary
US president-elect says former Wisconsin congressman will usher in a 'golden age of travel'.