Australian GDP figures: economic fundamentals are strong says Frydenberg – business live

After data shows the economy growing at its slowest rate since 2009, the treasurer says Australia is ‘resilient’. Follow all the reaction and developments live 6.47am BST For an in-depth examination of the GDP numbers, look no further than this column…

Read more

RBA interest rate decision: Reserve Bank keeps Australian cash rate on hold – business live

Sales fell 0.1% in July, pointing to weaker GDP numbers tomorrow. Follow here for all the developments after Australian interest rates kept on hold 6.04am BST Back in Australia the judgments on Governor Lowe and his fellow board members are rolling in….

Read more

US and China begin imposing new tariffs as trade war escalates

Chinese exports worth $125bn will face new taxes from 1 September, while China places levy on oil as agreement becomes more distant China and the United States have begun imposing additional tariffs on each other’s goods in the latest escalation of the…

Read more

World stocks rally as Trump steps up pressure on Fed to cut rates

President tweets demand for 1% reduction and more QE as markets look to central banks to bolster global economyStock markets have been boosted by the growing prospect of more stimulus measures by central banks and governments across the world as Donald…

Read more

Trump’s $300bn China tariff threat sends markets into tailspin

Wall Street, Asian markets and oil fall after president’s tweet about placing tariffs on practically all remaining China tradeDonald Trump’s surprise decision to escalate the trade war with tariffs on another $300bn of Chinese goods has sent global fin…

Read more

Trump fact check: is the Chinese economy really ‘going down the tubes’?

The president reckons Beijing will jump at a trade deal because the country’s growthis slowing. Martin Farrer takes a closer lookDonald Trump has claimed ahead of his crunch meeting with Xi Jinping that China’s economy is “going down the tubes” and tha…

Read more