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Xi Jinping’s chaotic relationship with Australia

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Xi Jinping, the current President of the People’s Republic of China, has had a long and complicated relationship with Australia.

Throughout his lifetime, he has visited the country five times – more than any of his predecessors. He is also the only leader of the Chinese Communist Party (CCP) to have visited all states and territories within Australia.

During his last trip, then-prime minister Tony Abbott gave Xi a special gift – a photograph of his father, Xi Zhongxun, with former NSW premier Neville Wran in 1979. Xi’s father once said he had “seen and learned many things” during his trip to Australia all those years ago.

But 43 years later, Beijing’s attitudes to Canberra are a far cry from what they were back then. Let’s take a look at how Xi Jinping’s relationship with Australia has changed over the years.

1979 – Xi Zhongxun Meets with Neville Wran

Xi Zhongxun was an influential Chinese politician who served as Vice Premier of China from 1980 to 1982. He was also the father of current President Xi Jinping. In 1979, during a state visit to Australia, Zhongxun met with then-NSWPremier Neville Wran. This meeting was considered to be groundbreaking at the time, as it was the first time a high-ranking CCP official had met with an Australian state premier.

2003 – Hu Jintao Meets with John Howard

In 2003, Hu Jintao succeeded Jiang Zemin as General Secretary of the CCP and President of China. During his time in office, he continued to build upon the economic reforms that had been put in place by Deng Xiaoping. He also worked to improve China’s relationships with other countries, including Australia. In 2003, he met with then-prime minister John Howard in Beijing. This meeting resulted in the signing of the China-Australia Free Trade Agreement (ChAFTA), which came into effect in 2015.

2013 – Xi Jinping Meets with Julia Gillard

By 2013, Xi Jinping had become the General Secretary of the CCP and President of China. He made his first state visit to Australia that year, meeting with then-prime minister Julia Gillard in Canberra. The two leaders discussed a range of issues, including trade and investment ties between China and Australia. Gillard also announced that she would be working towards ratifying ChAFTA during her time in office.

2017 – Malcolm Turnbull becomes Prime Minister after leadership spill

In September 2015, Malcolm Turnbull replaced Tony Abbott as leader of the Liberal Party and prime minister of Australia following a leadership spill. One month later, he made his first official visit to China as prime minister. During this visit, he met with President Xi Jinping and other high-ranking officials to discuss trade relations between China and Australia. Turnbull also became the first Australian prime minister to address students at Tsinghua University in Beijing.

Since 1979, when Xi Zhongxun meet with Neville Wran, Beijing’s attitude towards Canberra has changed significantly. In recent years, under the leadership of Xi Jinping, relations between China and Australia have become increasingly strained. This is due to a number of factors, including Australia’s decision to ratify ChAFTA and our relationship with the United States.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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