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$240 billion exposed to China-Australia trade impasse

Australia-China relations took another turn for the worse following China’s refusal to apologise for posting a controversial image. This grotesque illustration depicts a ‘photoshopped’ Australian soldier holding an Afghan child’s throat. The image was shared on social media by a spokesperson for the Chinese Foreign Ministry after proof was found that 39 civilians and prisoners…

Ishan Dan | 2nd Dec 2020 | More
China takes aim at Australian coal

And just like that, Australia’s coking coal-exporting days could be numbered. This week, Australian coking coal exports ordered by Chinese steel mills were diverted away to other countries, and the mills told to stop buying Australian coking coal, joining Beijing’s restrictions on Chinese utilities buying thermal coal, which is used in electric power generation. It’s…

Ishan Dan | 14th Oct 2020 | More
ASX update; second wave hits Europe

Financials, miners hit as the second wave hits Europe, RBA guidance, strong open ahead The ASX 200 (ASX:XJO) fell to a three month low on Tuesday, down 0.7%. The sustained sell off has been driven by signs of a second wave engulfing Europe and the potential for another round of economic restrictions. Materials (-0.2%) was…

Drew Meredith | 22nd Sep 2020 | More