Business News

5 things you need to know today

1. The first Newspoll of 2019 published by The Australian has seen the primary vote for the Coalition rise by two points to 37% while Labor fell three points to 38%. The Coalition has also narrowed the gap in the two-party-preferred vote but remains behind Labor, which leads 53% to 47% compared to 55% to 45% in the last poll of 2018.

2. Prime Minister Scott Morrison is set to promise the creation of 1.25 million jobs over the next five years if the Coalition wins the next election in a speech in Brisbane today.

3. Wall Street was off to a negative start to the week on Monday after the Dow Jones and the S&P 500 both dropped around 0.8%. Tech stocks also drove the Nasdaq down 1.11%.

4. The United States Justice Department has filed criminal charges against Huawei and its chief financial officer Meng Wanzhou in cases involving fraud and stealing trade secrets, among other charges.

5. US House Speaker Nancy Pelosi has invited President Donald Trump to deliver his State of the Union address next Tuesday. The speech was originally delayed due to the partial government shutdown.

Published on: Tuesday, January 29, 2019

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