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Showing 11 - 20 of 259 results for "Republic"

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

US election to add to inflation woes: Experts

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
As the countdown begins to one of the most contentious election cycles in US history, experts are weighing in on how either a Republican or Democratic win may impact markets. US shares were lower on Monday (local time) ahead of the election, as polls ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
MLC senior economist Bob Cunneen has said the US budget deficit is expected to soar over the next 10 years no matter who wins the upcoming US presidential election. Cunneen said the US people will once again "be making profound choices" come November ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... companies in the technology and healthcare industries. The stunning failures of Credit Suisse, Signature Bank, First Republic Bank, and Silicon Valley Bank have left a void in the traditional banking space, with fixed income giant PIMCO weighing in on ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... partner," he said. Australia's top 10 trading partners during 2018-19 were China (26%), Japan (9.9%), the US (8.6%), the Republic of Korea (4.6%), Singapore (3.7%), New Zealand (3.4%), the UK (3.4%), India (3.4%), Malaysia (2.8%), and Thailand (2.8%). ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
At a recent conference, industry leaders delivered a stark warning to Australian companies and government to ensure that workers are not left behind in a just transition to net zero - or risk the kind of political polarisation and populism that has ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
A Western Asset product specialist says rising credit default swap (CDS) spreads have sparked concerns. However, he downplayed the risk of a US default, calling it a "very low probability event". Robert Abad recalled the sole instance of a "technical" ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... assets. Californian authorities, alongside the Federal Deposit Insurance Corporation (FDIC), closed the doors to First Republic on Monday, in hopes of ending the bitter turmoil within the US banking market. First Republic, which in April had approximately ...