Australia's export price index rose 3.6%, while its import price index advanced 0.2% in the fourth quarter of 2024.

TOKYO (AP) — Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.

The cheap, open AI model has sent shockwaves through Silicon Valley. Has Australia already been left behind or does DeepSeek’s rapid rise, despite limited resources, mean something similar could emerge locally?

Trump targets BRICS over de-dollarization, warns of 100% tariffs. Markets brace for trade risks as US-China tensions threaten sentiment.

Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

President Donald Trump is meeting with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.

The Bureau of Economic Analysis will release the personal consumption expenditures, or PCE, price index for December on Friday at 8:30 a.m. ET, as part of its personal income and outlays report. Gold Futures Set New Record on Safe-Haven Demand, Weaker U.S. Dollar

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