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Daily Archives: May 10, 2019

Trump’s bullying and bluster is the wrong way to deal with China

“Deng Xiaoping got to the top precisely by avoiding accountability as much as possible,” Pye wrote. Trump isn’t wrong to hold out for a meaningful settlement. He’s even won grudging respect in China among those officials who welcome the pressure for change. A joke doing the rounds in Beijing poses …

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‘Get the popcorn ready’: The Australian investor betting it all on a spectacular market crash

Clark is slumped casually in a chair at Horseman’s offices inside a small, unassuming house in a quiet mews near Buckingham Palace Gardens. Then he brightens, stalwart in the belief that his fund, Horseman Global, is going to be all right. “But if my views are correct,” he says, “it’s …

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‘Tough week to go public’: Billions wiped away as Uber flops on its Wall Street debut

Uber’s IPO price was lower than initially expected, and the caution may have been driven by escalating doubts about the ability of ride-hailing services to make money since Uber’s main rival, Lyft, went public six weeks ago. Loading Jitters about an intensifying US trade war with China also contributed. Stocks …

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Trump trade comments help Wall Street snap losing streak

Recent developments in US-China trade relations, including an increase in US tariffs on $US200 billion ($A286 billion) worth of Chinese goods that went into effect on Friday, have led investors to brace for a potential escalation of the trade dispute between the world’s two biggest economies. That in turn has …

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Pedestrian struck and killed by car in Mount Evelyn

Loading The fatal crash took the state’s road toll to 117 in 2019, which is 39 more lives lost than at the same time last year. Seventeen of the dead this year were pedestrians. So far, 18 of those killed in cars were not wearing seatbelts, which is the same …

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Kim Kardashian West announces birth of fourth child

The couple’s surrogate went into labour on Thursday. Kardashian West confirmed in January that they are expecting a baby boy. Kourtney Kardashian let the cat out of the bag while filming The Ellen DeGeneres Show on Thursday, revealing that her sister rushed to the hospital following the news. Kanye West …

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Don’t trust pollies to tell you the truth about tax

Morrison wants you to think it means that taxes always discourage economic growth. This notion suits many well-off people who’d love to pay less tax, but that doesn’t make it true. Say by some miracle we lived in a world with no taxes. It’s not clear that if we had …

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News Corp gives Foxtel a $300 million lifeline

News Corp reported a $US23 million ($32 million) profit for the March quarter, on revenues of $US2.6 billion. Yet the results revealed Foxtel lost about 100,000 subscribers from its traditional pay TV product over that period. Foxtel has in recent months has been looking to raise billions of dollars in …

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Shortening the odds: the woman humanising Bill’s bid for The Lodge

Normal text sizeLarger text sizeVery large text size It’s peaceful here, outside the Salvation Army’s Melbourne headquarters in Bourke Street. The cafes are closed; the city’s power suits gone: it’s Good Friday, nearly 11am. On a street bench, a middle-aged woman, who appears to have just woken, warms her back …

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Friends and pho farewell GoT, the show that marked many a milestone

As the seven kingdoms delivered more bloodshed, gratuitous sex scenes and political intrigue, and even brought a beloved character back from the dead, our world turned, too. The seasons passed, just as they did in our real lives. While we were living together, each housemate met and fell in love …

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