
Articles
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1 day ago |
ibtimes.com.au | Vidhya Ck
Despite the easing trade tensions between the United States and China offering a welcome boost to Australia's economy, the unpredictability of President Donald Trump's policy shifts may pose an even greater source of market uncertainty than the tariffs themselves, experts have warned. After previously vowing to "tariff the hell" out of China, Trump adopted a markedly softer stance earlier this week.
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1 day ago |
ibtimes.com | Vidhya Ck
Director of National Intelligence (DNI) Tulsi Gabbard has dismissed two senior officials from the National Intelligence Council (NIC), a move that her office described as a step to counter the "weaponization" of intelligence. Acting NIC Chairman Mike Collins and his deputy, Maria Langan-Riekhof, were both removed from their posts, The Hill reported.
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2 days ago |
vcpost.com | Vidhya Ck
Australia's AU$4.2 trillion pension sector is rethinking its long-standing bets on the United States' assets and the dollar, as weakening confidence in American growth and volatile Sino-U.S. trade tensions prompt a reassessment of exposure to the world's largest economy. Australian superannuation funds typically hold a low level of foreign exchange (FX) hedging for their overseas stock portfolios.
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2 days ago |
ibtimes.com.au | Vidhya Ck
Australia's AU$4.2 trillion pension sector is rethinking its long-standing bets on the United States' assets and the dollar, as weakening confidence in American growth and volatile Sino-U.S. trade tensions prompt a reassessment of exposure to the world's largest economy. Australian superannuation funds typically hold a low level of foreign exchange (FX) hedging for their overseas stock portfolios.
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2 days ago |
ibtimes.com | Vidhya Ck
Republicans in the U.S. House of Representatives unveiled a sweeping tax reform proposal that would eliminate several climate-related incentives introduced under the Biden administration. Chief among the proposed cuts is the repeal of the electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used models—effective from Dec. 31. Automakers that have not yet reached 200,000 EV sales would be allowed to retain the new-vehicle credit for one additional year.
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