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Trump pushes trade talks with Japan and Europe amid tariff turmoil

1 week ago | tickernews.co | Veronica Dudo

John Hawkins, University of Canberra and Yogi Vidyattama, University of CanberraWe now have the competing bids for our votes by the alternative governments on income tax policy. From Labor, future cuts to the lowest marginal tax rate and new standard deductions for work expenses. From the Coalition, a one-off return to a tax offset for low and middle income earners that was previously nicknamed the “lamington”.
Nvidia to build AI supercomputers in the U.S. for first time

1 week ago | tickernews.co | Veronica Dudo

Nvidia invests $500 billion in U.S. AI supercomputers, shifting production to Texas to strengthen supply chains and boost domestic growth amid rising tariffs and national tech pressures. Nvidia to build AI supercomputers in the U.S. for the first time — a $500 billion move that could redefine the global tech industry. With new tariffs on imports from China and Taiwan, the chip giant is shifting production to Texas, partnering with Foxconn and Wistron.
Aussie small businesses prioritise cost relief this election

1 week ago | tickernews.co | Ahron Young

John Hawkins, University of Canberra and Yogi Vidyattama, University of CanberraWe now have the competing bids for our votes by the alternative governments on income tax policy. From Labor, future cuts to the lowest marginal tax rate and new standard deductions for work expenses. From the Coalition, a one-off return to a tax offset for low and middle income earners that was previously nicknamed the “lamington”.
China's stimulus efforts amid Trump's tariffs challenge

1 week ago | tickernews.co | Ahron Young

China must increase domestic consumption and implement stimulus measures to counteract Trump’s tariffs and achieve its economic growth target. In ShortChina struggles to meet its 5% economic growth target due to US tariffs, prompting a potential stimulus package to boost domestic consumption. The upcoming Politburo meeting is crucial for shaping economic policies and tackling underlying issues like local government debt.
Powell: Trump’s tariffs pose significant economic risks

1 week ago | tickernews.co | Ahron Young

Fed Chair Powell warns Trump’s unexpected tariffs could harm economic stability, driving inflation and volatility in markets.
Leaders’ debate: Albanese, Dutton clash, no consensus winner

1 week ago | tickernews.co | Ahron Young

In their second debate, Albanese and Dutton faced criticism, with pundits divided over who won; security heightened amid protests. In ShortPrime Minister Anthony Albanese and Opposition Leader Peter Dutton had a second leaders’ debate in Sydney, with analysts split on who performed better. Both leaders claimed victory, but the lack of compelling visions for voters and key policy discussions left the debate’s impact unclear as elections approach.
Why India is emerging as the new global economic owerhouse

1 week ago | tickernews.co | Tim Harcourt

With the world in turmoil from the trade war started by President Xi and escalated by President Trump, more exporters and foreign investors are looking towards the emerging economic superpower, India. It’s no surprise. After all, India has a GDP of over US$3.5 trillion (A$5.8 trillion) spread across a massive 1.4 billion people. It is growing at an impressive 7 to 8% a year. But even with this large population, India’s economic projections are mind-blowing.
Bessent: China not weaponising Treasury amid volatility

1 week ago | tickernews.co | Ahron Young

US Treasury Secretary Bessent asserts China isn’t weaponising Treasury amid bond market volatility from tariff policies. In ShortUS Treasury Secretary Scott Bessent addressed bond market volatility attributed to the Trump administration’s tariffs, assuring that China has not used its Treasury holdings as leverage. He explained that rising yields indicate a lack of confidence in resolving trade conflicts, but selling Treasurys would harm China’s economy.
OpenAI explores social network to rival Elon Musk

1 week ago | tickernews.co | Ahron Young

OpenAI is considering a social network to rival Musk’s X, spurred by the success of its new image-generation feature. In ShortOpenAI is considering creating a social network to compete with Elon Musk’s X and Meta’s Instagram, following high demand for its new image-generation tool. The company has raised $40 billion in funding and is facing increased server demands, prompting efforts to temporarily limit the tool’s usage.
Trump urges China to negotiate amid escalating tariffs

1 week ago | tickernews.co | Ahron Young

Trump urges China to initiate tariff negotiations as trade war escalates, with both sides imposing heavy tariffs and trading insults. In ShortPresident Trump has called for China to negotiate over the escalating trade conflict, emphasising that it is their responsibility to initiate talks. The trade dispute has led to significant tariffs on both sides, with high tensions and lack of communication persisting between the nations.