Dollar slides as traders rush into safe havens after US tariffs
The U.S. dollar fell on Thursday after President Trump announced new tariffs targeting around 60 countries, escalating trade ...
Australian regulator increases ANZ's capital add-on, criticises bank's risk culture
Australia's bank regulator again increased the cash ANZ Group must hold in reserve, as it criticised on Thursday what it said was the lender's failure to address wide-ranging problems with its ...
Aussie consumer brands, winemakers adjust to bombshell 10% US tariffs
Skincare success story Frank Body will consider its manufacturing strategy, while winemaker Delinquente may rethink its US pricing.
RBA FSR: US tariffs could have a chilling effect on business investment and consumer spending
In its Financial Stability Review (FSR) published on Thursday, the Reserve Bank of Australia (RBA) warned that the US ...