Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

News and analysis from AFR correspondents on the biggest global stories.

Sign up to the World View newsletter.

Sign up now

Latest

A dancer enlivens the mood at the Auto China motor show in Beijing. EU carmakers can’t compete with EV exports from China.

EU would need 50pc tariffs to curb imports of Chinese EV

Researchers at the Rhodium Group say any punitive action arising from a blockbuster anti-subsidy investigation is likely to be too timid to deter Chinese car makers.

  • 27 mins ago
  • Andy Bounds
Argentine President Javier Milei.

Javier Milei fuels wild rally that makes peso No. 1 in world

The currency has, in fact, not only stopped plunging day after day but in one key foreign exchange market, it’s actually rallying sharply.

  • Ignacio Olivera Doll

Musk makes surprise China visit

The Tesla CEO met with Premier Li Qiang, who as the Chinese Communist Party secretary for Shanghai helped the company set up what is now its top plant globally.

  • Dana Hull and Foster Wong

US pushes for Gaza truce and hostage release as Blinken visits

Egypt is stepping up efforts at mediation to secure an agreement between Israel and Hamas leading to a ceasefire in exchange for the release of hostages.

  • Updated
  • Henry Meyer and Fadwa Hodali

China factory profits slip as overcapacity troubles economic recovery

Industrial profits at large-scale Chinese companies declined 3.5 per cent from a year earlier in March, ending seven straight months of increases.

  • Siuming Ho

US universities cite antisemitism in protest crackdown

Some universities moved to shut down encampments to protest against the Israel-Hamas war after reports of antisemitic activity.

  • Rachel Siegel and Christian Davenport

Opinion & Analysis

Battered from all sides, China needs new solutions

Mindful of the inspiration deficit that ultimately brought the East Asian growth miracle crashing down, Chinese policymakers must seize the moment.

Stephen Roach

Asia watcher

Stephen Roach

With Trump in court, can Biden take control of the election?

As polls show the race tied, the president is campaigning around the country and his opponent is stuck spending his days in a Manhattan courtroom.

James Politi, Lauren Fedor and Joe Miller

Contributor

South Korea’s president faces revolt over US security ties

After his party’s loss in parliamentary elections, Yoon Suk-yeol is under pressure over his pivot to a stronger US alliance and perceived anti-China policies.

Daniel Sneider

Contributor

Why Harvey Weinstein’s conviction was fragile from the start

For years, his lawyers have argued that his trial was fundamentally unfair because it included witnesses who fell outside the scope of the charges.

Jodi Kantor

Contributor

From the Financial Times

A dancer enlivens the mood at the Auto China motor show in Beijing. EU carmakers can’t compete with EV exports from China.

EU would need 50pc tariffs to curb imports of Chinese EV

Researchers at the Rhodium Group say any punitive action arising from a blockbuster anti-subsidy investigation is likely to be too timid to deter Chinese car makers.

  • 27 mins ago
  • Andy Bounds

With Trump in court, can Biden take control of the election?

As polls show the race tied, the president is campaigning around the country and his opponent is stuck spending his days in a Manhattan courtroom.

  • James Politi, Lauren Fedor and Joe Miller

US commander says China pursuing ‘boiling frog’ strategy

Retiring Admiral John Aquilino has accused Beijing of gradually raising pressure in the South China Sea.

  • Demetri Sevastopulo
Advertisement

More From Today

Battered from all sides, China needs new solutions

Mindful of the inspiration deficit that ultimately brought the East Asian growth miracle crashing down, Chinese policymakers must seize the moment.

  • Updated
  • Stephen Roach
Donald Trump and Joe Biden are set to face off again in this year’s presidential election.

With Trump in court, can Biden take control of the election?

As polls show the race tied, the president is campaigning around the country and his opponent is stuck spending his days in a Manhattan courtroom.

  • James Politi, Lauren Fedor and Joe Miller

Yesterday

Admiral John Aquilino is preparing to hand over US forces in the Indo-Pacific region.

US commander says China pursuing ‘boiling frog’ strategy

Retiring Admiral John Aquilino has accused Beijing of gradually raising pressure in the South China Sea.

  • Demetri Sevastopulo
ECB president Christine Lagarde says price surges in Europe and the US are different, but investors are wary.

Investors bet global central banks forced to delay rate cuts

Market expectations for loosening interest rates in Europe and the UK have been pushed back, as the US grapples with a hot economy.

  • Updated
  • Sam Fleming, Tommy Stubbington and Martin Arnold
South Korea’s President Yoon Suk-yeol suffered a blow at recent elections.

South Korea’s president faces revolt over US security ties

After his party’s loss in parliamentary elections, Yoon Suk-yeol is under pressure over his pivot to a stronger US alliance and perceived anti-China policies.

  • Daniel Sneider
Advertisement

Russian missiles pound Ukraine’s battered power plants

Russian missiles again targeted the nation’s strained energy grid in a broad and complex attack, as Defence Minister Richard Marles pledged $100 million in aid.

  • Updated
  • Olena Harmash and Tom Balmforth
Christopher Cash arrives at Westminster Magistrates Court ahead of a hearing over allegations of spying for China.

Why China’s spies are being caught all over Europe

A flurry of arrests this week reflect the continent’s newly toughened response to Beijing’s espionage activities and political meddling.

  • Andrew Higgins and Christopher F. Schuetze
Focus on Wall Street has shifted back to corporate earnings.

‘Built and destroyed’: Wall Street reels from ban on non-compete pacts

Financial companies are scrambling to rework contracts and tie down personnel after the US Federal Trade Commission’s decision last week.

  • Amelia Pollard, Brooke Masters and Joshua Franklin

This Month

Donald Trump and Jerome Powell were at loggerheads when he was President.

Trump to set interest rates himself under secret presidential plan

Donald Trump’s aides plan to roll back the independence of the US Federal Reserve if he returns to the Oval Office.

  • Tim Wallace
Traders on the floor of the New York Stock Exchange.

Wall Street lifts as Alphabet breaks $US2trn valuation

A rally in the tech megacaps gave US markets a boost while US economic data showed moderate inflation.

  • Chibuike Oguh
King Charles has announced he will return to work after cancer treatment.

King Charles goes back to work

Buckingham Palace announced that the monarch has recovered from cancer and will resume public-facing duties.

  • Hans van Leeuwen
US inflation figures met economists’ expectations.

US inflation rises moderately in March

There had been fears that inflation could exceed forecasts in March after US economic figures showed a surprise slowdown in the economy.

US Secretary of State Antony Blinken meets with China’s Foreign Minister Wang Yi.

China warns Blinken over ‘negative factors’ in US ties

China’s top diplomat told his US counterpart the relationship is “facing all kinds of disruptions”, signalling Beijing’s impatience with Washington’s policies as the presidential election looms.

  • Iain Marlow
Former film producer Harvey Weinstein appears in court in Los Angeles in October 2022.

Why Harvey Weinstein’s conviction was fragile from the start

For years, his lawyers have argued that his trial was fundamentally unfair because it included witnesses who fell outside the scope of the charges.

  • Jodi Kantor
Stewards check tourists QR code access outside the main train station in Venice.

Venice charges tourists an entry fee. Capping numbers may be next

Italy has begun charging €5 to visit the unique city, sparking protests from locals who say a housing supply crisis is the main problem.

  • Donato Paolo Mancini
Advertisement

‘No silver bullet’: Ukraine has weapons but still needs the troops

The $94 billion US aid package should stop Russia in its tracks, but it won’t be nearly enough to send Putin packing.

  • Updated
  • Hans van Leeuwen
Consumer spending, in the aggregate, shows little sign of cooling down.

Why the US is stuck in interest rate ‘purgatory’

GDP, adjusted for inflation, increased at a 1.6 per cent annual rate, but figures also included more evidence that efforts to tame price increases have stalled.

  • Updated
  • Ben Casselman

The catch-22 of high interest rates and high house prices

Elevated shelter inflation is keeping interest rates higher for longer. But high rates hold back the construction that could lead to lower rents and house prices.

  • Conor Sen
David Pecker, chairman of American Media, in 2010.

The loyal lieutenant who buried Trump’s secrets

David Pecker, ex-publisher of The National Enquirer, testified at the trial that Donald Trump personally thanked him for hiding potentially damaging stories.

  • Jonah E. Bromwich, Ben Protess and Michael Rothfeld
A demonstrator stands outside the Supreme Court as the justices prepare to hear arguments over whether Donald Trump is immune from prosecution.

Top US judges sympathetic to Trump in historic immunity case

Conservative Supreme Court judges signalled support for the former president on his claims of protection from prosecution in a case likely to impact the US election.

  • John Kruzel and Andrew Chung