Qantas and Air New Zealand lift airfares | ASX rebounds after sell-off | China's exports grow

Описание: Qantas and Air New Zealand say they will increase airfares because of rising jet fuel prices following the war in the Middle East; the Australian sharemarket recovers $34bn of the $90 billion it lost yesterday; and China's export more than first thought at the start of the year despite US tariffs.

00:00 Air fares are rising in response to the war in the Middle East
02:00 Motorists endured a 17c/L rise in unleaded petrol last week
03:00 After surging as much as 30 per cent yesterday and hitting a high of $118 USD a barrel, oil prices eased today
03:42 The sharemarket closed 1.1 per cent higher, clawing back some of the $90 billion the ASX200 lost yesterday
04:40 Blacklisted AI company Anthropic is suing the Trump administration over its decision to formally label it a US supply chain risk

Ricardo Gonçalves breaks down the day's financial news in On The Money.

#OnTheMoney #Airfares #OilPrices #ASX #ChinaEconomy

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