Samuel Yang
Samuel is currently a multi-platform business reporter and a co-host of China Tonight on ABC TV. He also presents finance segments on the ABC News Channel.
He joined the ABC as a News Cadet in 2018 and previously worked with the SBS Dateline program as a researcher in 2017.
Samuel has a Masters of Journalism & Communication and a Masters of International Relations from the University of New South Wales. He speaks, writes and presents in English and Mandarin Chinese.
Latest by Samuel Yang
ASX drops from record high as Commonwealth Bank leads financial slide
By business reporters Samuel Yang and Michael Janda
A slump in banking stocks leads the Australian share market off its record high, as the US Federal Reserve douses rate cut expectations. See how the day unfolded on our markets blog.
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Evergrande liquidation fails to dent share market gains, as ASX nears record — as it happened
By business reporters Michael Janda and Samuel Yang, with wires
A Hong Kong court orders the winding-up of indebted Chinese property developer Evergrande, and the ASX holds on to modest gains. Look back on our markets blog to see how today's events unfolded.
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As it happened: Australians are hoarding cash and so are criminals, says RBA
By business reporters Samuel Yang and Nassim Khadem
Between $7 billion and $11 billion of the nation’s cash is being used in the shadow economy to fund tax avoidance or other illegal purposes such as buying illicit drugs, according to the Reserve Bank. The news comes after the Australian stock market rose for a fifth consecutive day, hitting a three-week high before the Australia Day long weekend
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ASX rises, Liontown plunges on funding setback, Wall Street becomes bull market — as it happened
By business reporters Michael Janda and Samuel Yang, with wires
US shares hit a record high despite rate cut bets being further scaled back amid economic optimism and comments from a voting Federal Reserve official describing rate cut talk as "premature". Look back on our markets blog to see how Wednesday's events unfolded.
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Australian shares could reach a record high in 2024, but a possible recession threatens that outlook
By business reporter Samuel Yang
Key market and currency watchers say the Australian share market is likely to outperform other major financial markets in 2024 and the Australian dollar will trade higher against the greenback, with or without interest rate cuts.
As it happend: ANZ boss warns of mortgage hardship, ASX closes lower
By business reporters Samuel Yang and Nassim Khadem
ANZ boss Shayne Elliott says mortgage hardship cases are emerging but the bank still plans to grow its home loan business. The Australian share market finished the day lower.
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ASX rises after Wall Street rally, RBA considered December rate hike, Westpac banking services back online
By business reporters Samuel Yang and Gareth Hutchens and wires
Australian stocks have closed higher, while the Reserve Bank released its latest board meeting minutes showing they considered a December rate hike — as it happened.
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Treasurer unveils mid-year budget update, Mitsubishi wins High Court battle, ASX finishes at three-month high — as it happened
By business reporters Samuel Yang, Kate Ainsworth, Gareth Hutchens and Michael Janda
Treasurer Jim Chalmers has delivered his mid-year economic and fiscal outlook statement showing the budget's bottom line has improved, while the optimism carried over to the local share market through strong gains in iron ore producers.
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Australia's GDP figures miss forecasts, union says Australia Post changes will protect jobs, local shares finish higher — as it happened
By business reporters Samuel Yang, Michael Janda, Kate Ainsworth and Gareth Hutchens
Australia's economy grew by 0.2 per cent in the September quarter — lower than expectations — but rose by 2.1 per cent in the past year. The local share market finished higher on Wednesday after the data, despite a mixed session on Wall Street.
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Housing industry warns 'impatient' RBA set to sink residential construction, ASX rallies late — as it happened
By business reporters Samuel Yang and Michael Janda
Business investment is rising, but the housing construction sector warns it is facing a deep downturn in work next year. Shares gain ground in the afternoon as financial stocks climb. See how the day's trade unfolded on our blog.
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'It's not that we've messed up migration', but experts warn a temporary pull back might be necessary to relieve rental stress
The record-breaking level of migration triggers a public debate around its impact on Australia's inflation problem and a full-blown rental crisis.
ASX hits eight-week high, wages grew 1.3 per cent in Q3, Singtel responsible for Optus outage — as it happened
By business reporter Samuel Yang and wires
A rally on Wall Street sends Australian stocks higher, while wages post their biggest quarterly increase in at least a quarter of a century. Look back on the day's developments with our blog.
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ASX rises, NAB lifts profit, Optus parent Singtel rebounds on upbeat profit results
By business reporter Samuel Yang and wires
The Australian share market has risen despite a mixed session on Wall Street overnight. Look back on the day's events with our blog.
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ASX rises after a broad-based rally on Wall Street, AustralianSuper rejects Brookfield offer — as it happened
By business reporter Samuel Yang and wires
A rally on Wall Street sends Australian stocks higher, and oil prices ease on lessening fears about the Israel-Gaza war disrupting supply from the region. Look back on the day's financial news and insights from our specialist business reporters on our blog.
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ASX edges up, ACTU to boycott engineered stone, Zip surges on earnings prospect — as it happened
By business reporter Samuel Yang and wires
Australian stocks edge up, while the trade union will force a de facto ban on engineered stone if the government fails to act to protect workers from the deadly lung disease Silicosis. See how the day's events unfolded on the ABC News markets blog.
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ASX rises, RBA considered raising rates in October's policy meeting — as it happened
By business reporter Samuel Yang and wires
The Australian share market rose on Tuesday as minutes of the Reserve Bank's October meeting reveal the board considered hiking rates. Look back on the day's business and markets news as it happened with our blog.
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What does the Israel-Gaza war mean for petrol prices in Australia?
Oil prices have risen on fears supply from Iran will be cut due to sanctions imposed by the United States. Experts say we could be in for more pain at the pump just before Christmas.
ASX drops ahead of RBA interest rate decision, Qantas pilots to strike in WA — as it happened
By business reporter Samuel Yang and wires
Australian stocks have fallen, and the Reserve Bank is almost universally tipped to hold interest rates steady in tomorrow's board meeting. See how the day unfolded on our business blog.
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ASX closes down as inflation jumps, and Senate inquiries grill Qantas and consulting firms — as it happened
By business reporter Samuel Yang and wires
It was a big day in business news. KPMG's boss told a Senate inquiry it's reviewing its donations process, PwC's internal bombshell drops, inflation is heating up again, and Qantas is facing a serious grilling by another inquiry. Read how the day unfolded on our blog.
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Chinese tourists return at a fast rate, but do we have enough flights and tour guides to serve them?
From today, the Australian government will restart the visa process for Chinese group travellers in what is expected to be a major boost to Australian tourism.
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Qantas boss apologises, Starbucks underpays local workers, and Rio Tinto blasts another rock shelter — as it happened
By business reporters Gareth Hutchens and Samuel Yang, with wires
Australia's share market slumped after losses on Wall Street overnight, then had a later afternoon recovery. Meanwhile, Starbucks, Qantas, NAB, Rio Tinto, and Rupert Murdoch all made major news.
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ASX sheds 1.3 per cent on the back of risk of another US rate hike, former ACCC chair Fels probes price gouging — as it happened
By business reporters Rachel Pupazzoni, Gareth Hutchens and Samuel Yang
More than 1 per cent was wiped off the ASX today, in line with global markets, after the US central bank stiffened its hawkish stance, while former ACCC chair Fels probed price gouging.
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ASX rallies, ACCC to block Qantas-China Eastern alliance — as it happened
By business reporter Samuel Yang and wires
Local stocks rise and the ACCC moves to block a partnership between Qantas and China Eastern. Look back on the day's financial and business news with our blog.
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Chinese developers entered Australia's property market with big wallets and ambitions. Now they're almost gone
China's largest private developer Country Garden invested millions buying and developing prime sites in Australia. Now, it is among several debt-laden developers selling or downsizing their portfolios.
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ASX higher, Qantas shares hit near 11-month low — as it happened
By business reporter Samuel Yang and wires
Local shares make gains as Qantas apologises in the wake of the ACCC alleging it sold tickets for cancelled flights. Look back on the day's financial and business news with our blog.
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