ISTANBUL Top financial officials from the G20 major economies expressed worries about the effects of US President Donald Trump’s high tariffs on the global economy at a meeting in South Africa, Japanese news agency Jiji Press reported Friday. Japanese Finance Minister Katsunobu Kato told reporters on Thursday, day one of a two-day gathering of G-20
The ASX 200 has zig-zagged as investors brace for Donald Trump’s 90-day tariff pause to end this week and await another cut from the RBA. Materials companies led the charge in the first 45 minutes of trading on Monday with Origin Energy jumping 5.7 per cent and Bellevue Gold adding 5.4 per cent while finance
US President Donald Trump signed the “One Big Beautiful Bill” into law at the White House on Friday (4 July), fulfilling key campaign promises, reported NDTV. He stated, “America is winning, winning, winning like never before,” adding, “I’ve never seen people so happy in our country because of that, because so many different groups of
The ASX 200 has edged higher following a market surge in the US overnight, as investors await fresh inflation data due on Wednesday that could pave the way for a second RBA interest rate cut of 2025. The index bumped up 0.3 per cent in the early moments of trading on Wednesday, with Ramelius Resources
Goldman Sachs raised its forecast for investment by mainland Chinese in Hong Kong-listed stocks by almost 50 per cent, following the strongest start to the year on record in terms of Stock Connect fund inflows. Net southbound inflows could reach US$110 billion this year, versus a previous forecast of US$75 billion, the Wall Street investment
While equity markets have fallen sharply after US President Donald Trump’s tariff announcement, Marc Franklin, Managing Director, Senior Portfolio Manager of Multi-Asset Solutions at Manulife Investment Management, says some asset classes are still performing well. “The focus will be predominantly on equities because of the sizable downside moves,” he said. However, bonds remain attractive, particularly