Donald Trump tariff war: 90-day pause on higher tariffs announced, China hit with 125 per cent rate

Wall Street's main indexes have risen for three consecutive days as investors reacted to President Trump's comments on tariffs with China ahead of a crucial meeting this weekend. Trump suggested an 80% tariff, currently at 145%, which analysts like Thomas Hayes believe will lead to more reasonable negotiations over time. While the S&P 500 and Nasdaq are near levels from late March, about 76% of S&P 500 companies exceeded profit expectations, although many have pulled...

A Perth doctor, Ethan Stirrat, recently completed the challenging Marathon Murph for charity, running two marathons and performing nearly 10,000 exercises in support of his organization, Hurt to Help, which aids childhood cancer patients. Despite injuring his rotator cuff, Stirrat persevered, running 84.4km, completing 7,176 squats, and 608 pull-ups, to honor a young cancer patient named Eliza. Hurt to Help aims to provide financial support to families facing medical emergencies and is encouraging participation in...

On Friday, nearly 500 students and staff at Poynter Primary School in Duncraig dressed as superheroes to launch the inaugural Premier’s Telethon Challenge, attended by Premier Roger Cook and Education Minister Sabine Winton. This 17-week initiative aims to teach children about philanthropy and the importance of helping others while raising funds for Telethon, which supports sick children. Students participated in fundraising activities, including a superhero-themed bake sale, emphasizing empathy and community support. Full Article

SummaryRussia commemorated the 80th anniversary of the Soviet Union's victory over Nazi Germany with a tightly secured parade in Moscow, attended by President Vladimir Putin and Chinese leader Xi Jinping. Amid ongoing conflict with Ukraine, which has seen drone attacks on Moscow, Putin emphasized the significance of the victory and the sacrifices made during World War II, while a 72-hour ceasefire was proposed. The parade showcased military might, including drones, and featured participants from 13...

Labor's caucus will finalize the future Cabinet by Monday, with Prime Minister Anthony Albanese allocating portfolios over the weekend following factional discussions. Albanese emphasized the importance of collective responsibility and unity as the party navigates its factional divisions, where the left now holds a slight majority in caucus. The Cabinet's composition will reflect the number of elected members from each faction, affecting roles and appointments, as Albanese balances rewarding experienced MPs with incorporating new talent....

Brisbane artist Julie Fragar has won the prestigious Archibald Prize for her portrait titled Flagship Mother Multiverse, depicting fellow artist Justene Williams. Chosen unanimously by the Art Gallery of New South Wales trustees, Fragar's work showcases a grayscale portrayal of Williams floating among stars and marks her as the third consecutive female winner of the award. Alongside this, Jude Rae won the Wynne Prize for landscape painting, and Gene A’Hern secured the Sulman Prize, with...