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Showing 81 - 90 of 394 results for "US President"

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
US President Donald Trump has signed an executive order calling for the creation of a sovereign wealth fund. The executive order directs US secretary of the treasury Scott Bessent, who was sworn in last week by Supreme Court Justice Brett Kavanaugh ...

Cbus hits $100bn in member assets

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
... long-term outlook." On the outlook for 2025, Chatfield said Donald Trump taking on his second, non-consecutive term as US President will likely impact the economy and markets. "While many of President Trump's policy priorities are well known, such ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
... NZBA." Financial institutions are pulling back from climate groups amid ongoing criticism from the political right as US President Donald Trump takes power. Asset managers cited multiple reasons for their exits, including; politicisation, regulatory ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
The Securities and Exchange Commission (SEC) announced that US President Donald Trump has appointed Mark Uyeda as acting chair of the agency. "I am honored to serve in this capacity after serving as a commissioner since 2022, and a member of the staff ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
Donald Trump has officially been sworn in as the 47 th US President as he takes on his second, non-consecutive term. Trump took to the stage for his "Day 1" official address unleashing a raft of executive orders and reaffirming his America first policies. ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... economic relationships. I think those are really important subjects." Commenting on the election of Donald Trump as US President, Dimon said he was not surprised at the result. "People were angry at whatever they called the state - the 'swamp.' ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... is hoping to see in 2025. Firstly, Mousina said that while higher trade tariffs are unavoidable given the incoming US President, she hopes the US will stop short of a trade war. "It is clear that US tariffs on its global trade partners are going to increase ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... Asset Managers (NZAM), which has over 300 members, announced it would suspend operations to review its model ahead of US President-elect Donald Trump's inauguration next week. NZAM, established in 2020 to address the financial risks of climate change ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... while global equities in general made 31.2%. The price of Bitcoin surged following the election of Donald Trump as US President last November, trading above US$68,000 to currently about US$92,000. "Historically, cryptocurrencies like Bitcoin have operated ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...