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‘I think it's close': Trump says of potential Gaza ceasefire
‘I think it's close': Trump says of potential Gaza ceasefire

AU Financial Review

time11 hours ago

  • Politics
  • AU Financial Review

‘I think it's close': Trump says of potential Gaza ceasefire

Washington | US President Donald Trump said on Friday (Saturday AEST) he believes it is possible that a ceasefire in the Gaza conflict between Israel and Iran-backed Hamas militants will be reached within a week. Trump, at an Oval Office event celebrating a Congo-Rwanda accord, told reporters that he believes a ceasefire is close. He said he had been just been talking to some of the people involved in trying to reach a cessation of hostilities between Israel and Hamas in the Palestinian enclave. Reuters

Trump says he wants 1pc rates, would ‘love' if Powell resigned
Trump says he wants 1pc rates, would ‘love' if Powell resigned

AU Financial Review

time12 hours ago

  • Business
  • AU Financial Review

Trump says he wants 1pc rates, would ‘love' if Powell resigned

Washington | US President Donald Trump said on Friday (Saturday AEST) he would love if Federal Reserve chairman Jerome Powell were to resign while also saying that he wanted interest rates cut to 1 per cent. 'I'd love him to resign if he wanted to, he's done a lousy job,' Trump said, while also labelling the Fed chairman as 'a stubborn mule and a stupid person' for not supporting rate cuts. The Fed last week decided to leave rates unchanged in the range of 4.25 per cent-4.5 per cent, where they've held since the beginning of the year. Reuters

James Hardie off to NYSE after months of anger over Azek deal
James Hardie off to NYSE after months of anger over Azek deal

AU Financial Review

time13 hours ago

  • Business
  • AU Financial Review

James Hardie off to NYSE after months of anger over Azek deal

Building products group James Hardie will shift its primary listing to the New York Stock Exchange after shareholders in US outdoor decking company Azek approved a $14 billion buyout which infuriated many Australian shareholders. Azek shareholders gave the green light to the cash and scrip deal at a meeting held on Friday (Saturday AEST). Shareholders in James Hardie were denied a vote after the ASX granted the company a waiver in a controversial move months ago.

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