Richard Henderson

Melbourne

Reporter at Bloomberg News

Reporter for @business covering markets, investing

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Articles

US Futures, Dollar Rise on Trump’s Fed Backtrack: Markets Wrap

1 day ago | flipboard.com | Richard Henderson

3 hours agoWhat Net Worth Puts You In The Top 1%, 5%, And 10% Of Americans? The U.S. economy is a rollercoaster. Stocks and bonds have taken a beating. New tariffs are shaking up markets, and layoffs are making headlines. For both the rich and everyone else, people are interested in where they stand financially in light of all the chaos.
Stocks, Dollar Dip as Powell Dashes ‘Fed Put’ Hope: Markets Wrap

1 week ago | flipboard.com | Richard Henderson

NowWashington CNN — President Donald Trump’s significant policy changes, including on tariffs, are unlike anything seen in modern history, putting the Federal Reserve in uncharted waters, Chair Jerome Powell said Wednesday. “These are very fundamental policy changes,” Powell said at an event hosted by …
Australia’s Tallest Skyscraper Plans Falter

1 week ago | bloomberg.com | Richard Henderson

Howdy, Rich Henderson in Bloomberg’s Melbourne bureau. Here’s the latest:Today’s must-reads:• Australia’s tallest tower plans falter• Super funds indirect exposure to tariff war• Australia’s RBA says May is ‘opportune’ to revisit policyIn 2020, a Melbourne-based developer, Beulah, proposed a A$2.7 billion project to build Australia's tallest skyscraper, but five years on, the project still doesn't have a builder due to soaring construction costs.
Punch drunk traders across Asia ready for another week of drama

1 week ago | sg.news.yahoo.com | Richard Henderson

'Even before you can analyse a set of parameters that's put in front of you, as crazy as that set is, then a new level of crazy hits you' After a week in which Asian stocks posted both their biggest-ever plunge and their largest one-day gain since 2008, investors in the region are working weekends, skipping sleep, interrupting business trips, poring over social media and focusing on short-term trades, alert to the fact that one man at the furthest point away from them on the planet can upend...
Punch drunk traders across Asia ready for another week of drama and also skipping sleep

1 week ago | thestar.com.my | Richard Henderson

JAKARTA/SINGAPORE (Bloomberg): After a week in which Asian stocks posted both their biggest-ever plunge and their largest one-day gain since 2008, investors in the region are working weekends, skipping sleep, interrupting business trips, poring over social media and focusing on short-term trades, alert to the fact that one man at the furthest point away from them on the planet can upend markets again at any moment. No wonder financial professionals in the region are on edge.
Punch Drunk Traders Across Asia Ready for Another Week of Drama

1 week ago | bloomberg.com | Richard Henderson

Stock losses outside a securities firm in Tokyo. (Bloomberg) -- After a week in which Asian stocks posted both their biggest-ever plunge and their largest one-day gain since 2008, investors in the region are working weekends, skipping sleep, interrupting business trips, poring over social media and focusing on short-term trades, alert to the fact that one man at the furthest point away from them on the planet can upend markets again at any moment.
Haven Assets Are Faltering Just When World Needs Them The Most

2 weeks ago | news.bloombergtax.com | Richard Henderson

A lackluster run for haven assets during one of the most acute market selloffs in years has left investors seeking new forms of protection. US Treasuries plunged Wednesday as Donald Trump’s reciprocal tariffs took effect, sending the benchmark 10-year yield up by more than 10 basis points to its highest level since February. Gold rose but remains down for the week, during which global equities touched a one-year low. The dollar also has weakened.
Haven Assets Are Faltering Just When World Needs Them The Most

2 weeks ago | bnnbloomberg.ca | Richard Henderson

A lackluster run for haven assets during one of the most acute market selloffs in years has left investors seeking new forms of protection. U.S. Treasuries plunged Wednesday as Donald Trump’s reciprocal tariffs took effect, sending the benchmark 10-year yield up by more than 10 basis points to its highest level since February. Gold rose but remains down for the week, during which global equities touched a one-year low. The dollar also has weakened.
Haven Assets Are Faltering Just When World Needs Them The Most

2 weeks ago | bloomberg.com | Richard Henderson

Gold rose but remains down for the week. (Bloomberg) -- A lackluster run for haven assets during one of the most acute market selloffs in years has left investors seeking new forms of protection. US Treasuries plunged Wednesday as Donald Trump’s reciprocal tariffs took effect, sending the benchmark 10-year yield up by more than 10 basis points to its highest level since February. Gold rose but remains down for the week, during which global equities touched a one-year low.
Trump’s Tariffs Set to Take Effect: Australia Briefing

2 weeks ago | bloomberg.com | Richard Henderson

Hi folks, Rich Henderson here from Bloomberg’s Melbourne bureau. Hold on to your hats, it’s tariff day. First up... Today’s must-reads:• Trump increases top China tariff to 104%• Albanese beats Dutton in election debate• Consumer confidence tanks on tariff turmoilDonald Trump increased the top tariff rate on some Chinese goods to 104% prior to the levies taking effect midnight Tuesday in Washington — 2pm Wednesday in Canberra.