Janet Yellen
Opinion
World markets
The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem
The US is going to put trillions worth of new debt up for sale before the end of the year as it tries to rebuild its cash reserves. There is an issue, however.
- by Stephen Bartholomeusz
Latest
Opinion
Credit rating
The US just paid a heavy price for Washington’s poison
The historic credit rating downgrade shines a light on how America’s bitterly divided, dysfunctional politics is playing a key role in its deteriorating financial position.
- by Stephen Bartholomeusz
Opinion
China relations
What does the US really think about China? We just got some more clues
US Treasury Secretary Janet Yellen had to tread carefully on her four-day visit to Beijing.
- by Stephen Bartholomeusz
Updated
Sharemarket
ASX falls to 50-day low amid fears of higher US rates
The Australian sharemarket took a sharp dive after a hotter-than-expected US jobs report suggested interest rates in the US could head higher.
- by Millie Muroi
Mission Impossible? Yellen visits China to ease tensions amid deep divisions
US government officials have downplayed expectations for major breakthroughs on the treasury secretary’s four-day trip, which begins when she arrives in Beijing on Thursday.
- by Alan Rappeport, Keith Bradsher and Ana Swanson
Opinion
Trade wars
China is threatening to use its major trade weapon
China dominates the production of many critical raw materials for advanced technologies, and is willing to weaponise that.
- by Stephen Bartholomeusz
Opinion
Inside China
The China decision that has global giants worried
Increased friction between the US and China has created a dilemma for some of the world’s biggest companies.
- by Stephen Bartholomeusz
Cormann warns the West that decoupling from China would be a costly mistake
The OECD head says while it is “entirely sensible” to de-risk supply lines from being dependent on China, total decoupling by the West would leave the world poorer.
- by Latika Bourke
Opinion
Interest rates
Central bankers face stiff new challenges in fragmenting and fractious world
Central banks were challenged and have been found wanting by the events of the past three years.
- by Stephen Bartholomeusz
‘A tense moment’: US will focus on national security, not trade, with China, says Janet Yellen
The US treasury secretary made her remarks amid heightened tensions and pessimism in the US-China relationship over national security issues, including Taiwan.
- by David Lawder and Andrea Shalal
‘Concerned about a bloodbath’: How to stop a bank crisis in 72 hours
Libertarian tech industry players quickly ditched their principles as the Silicon Valley Bank threatened to ignite a full-blown financial meltdown.
- by Jeff Stein, Tony Romm and Gerrit De Vynck