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Showing 61 - 70 of 394 results for "US President"

Bullock hushes rate cut expectations

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
... in May, saying it is too early for the bank to decide yet. Bullock noted the extreme market volatility because of US President Donald Trump's tariffs and said the central bank is watching the situation closely. "Inevitably, there will be a period ...

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
US President Donald Trump has agreed to a pause in the reciprocal tariffs imposed on all nations, bar China, in excess of 10% for 90 days to encourage nations to go to the negotiating table. However, China saw tariffs increased to 125%, which will drive ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... the end of the year to end on 2.85%. Speaking on the continued rising tensions between the US and China because of US President Donald Trump's tariffs - which have now hit 125% - Sycamore said the global economy is facing a major challenge. "At the ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
As the stock market correction remains in full swing as a result of US President Donald Trump's sweeping tariffs, Australians are being reminded to stay calm. Schroders head of strategic research Duncan Lamont said despite the market mayhem, a market ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... these announcements has resulted in greater-than-usual uncertainty around the outlook," Treasury said. On April 3, US President Donald Trump slapped a slew of tariffs on goods imported into the US, ranging from 10% to 50%. The next day, China announced ...

Tariff impact on super 'profoundly worrying'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
The ASX 200 shed more than $100 billion in a single session yesterday as markets were rocked by US President Donald Trump's newly imposed tariffs. H&R Block director of tax communications Mark Chapman said the volatility will be felt for a long time. ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
Following US President Donald Trump's "Liberation Day" tariffs, major stock indexes on Wall Street dropped as much as 6%, losing $4.9 trillion (US$3.1 trillion) in market value, marking the largest decline since March 2020. VanEck Asia Pacific chief ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
US President Donald Trump has unleashed a barrage of tariffs on just about every country, imposing a blanket 10% tariff on all imports from all countries, plus higher reciprocal tariffs on many countries to offset what he believes are barriers to US ...

Pella Global Generations Fund launches in NZ

KARREN VERGARA  |  THURSDAY, 3 APR 2025
... Generations Fund which is run locally. Commenting on the current market volatility underpinned by geopolitical tensions and US President Donald Trump's tariffs, Pella chief investment officer Jordan Cvetanovksi said: "The legacy of Trump-era policies ...

Australia can lead energy transition, climate investing: Panel

KARREN VERGARA  |  THURSDAY, 27 MAR 2025
... years as an opportunity to be a leader in climate investing and the energy transition by taking advantage of the US President Donald Trump's hardline anti-ESG stance, a panel of experts say. Australia has the potential to be a key player in the global ...