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Showing 91 - 100 of 423 results for "Steel"

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... mechanism Trump initially wanted to remove. Canada and Mexico will be exempt from US auto tariffs but the 25% tariff on steel and 10% on aluminium would remain. The US will allow both Canada and Mexico to export 2.6 million cars a year to America tariff-free ...

CBA appoints board director

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
Commonwealth Bank of Australia has appointed a former BlueScope Steel chief executive as it continues to renew its board. Paul O'Malley will be an independent non-executive director on CBA's board, starting 1 January 2019. Retiring director Brian Long ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... normalisation of monetary policy. All was well. Until Trump taketh what he earlier giveth, announcing a 25% tariff on foreign steel and a 10% tariff on foreign aluminium in the name of "national security" that begot retaliatory tariffs from China, Canada ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... against two members of Trump's cabinet, to which Trump responded by tweeting that he would double Turkey's tariffs on steel and aluminium. And down, down, down the Turkish lira went. It dropped to an all-time low of lira 6.3714 per US dollar ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... of 2019." According to the BOC's statement: "The July projection also incorporates the estimated impact of tariffs on steel and aluminum recently imposed by the US, as well as the countermeasures enacted by Canada. Although there will be difficult ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... America great again" and under the guise of "national security", US President Donald Trump kicked off with a 25% tariff on steel and 10% on aluminium imported into America, followed by a 25% tariff on US$34 billion worth of Chinese shipments to the US ...

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
... something unpredictable. Too late for the countries of the European Union, Canada and Mexico whose exemptions from tariffs on steel and aluminium expires today (June 1). The tariffs will be implemented effective immediately. Not surprisingly, these countries ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... were fretting over a global trade war that was prompted by US President Donald Trump's announcement of 25% tariff on steel imports and 10% on aluminium. This has led to tit-for-tat threats with other countries, most specifically with China. But the ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... regarding inflation. The US economic momentum, tight labour market, buoyant consumer spending, tax cuts, tax on imports (steel and aluminium) and the recent surge in oil prices all point to higher inflation over the coming months. The question is how ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
The Royal Commission referred today to a breach report concerning 325 NAB staff, including 204 financial advisers, who were involved in incorrectly witnessing client forms. This finding came out of a line of questioning involving a particular adviser ...