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7 Apr 2025 10:19
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      Home > News > Business

    New Zealanders in KiwiSaver are urged to stay calm and stay the course as stock markets tumble

    New Zealanders in KiwiSaver are urged to stay calm and stay the course as stock markets tumble


    There's global uncertainty on the back of US President Donald Trump's sweeping tariffs.

    US markets are continuing plummet and the UK's main share index - the FTSE 100 - has had its biggest one-day fall in five years, in the wake of the tariffs

    Simplicity chief economist Shamubeel Eaqub says we don't know whether these policies will last the distance.

    He says Trump is extremely unpredictable, so it's not certain he will go through with all the tariffs.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Apr: The Prime Minister says US tariffs are set to slow the world economy, increase inflation and create currency challenges
     07 Apr: Mark Lister from Craigs Investment Partners says the sell-off on US markets has been historic
     05 Apr: A new law modernising the rules in our skies, comes into force today
     05 Apr: Food Safety Minister Andrew Hoggard, is confident he's disclosed all relevant conflicts of interest with Cabinet
     05 Apr: For America's small businesses, Trump's tariffs are delivering some unwelcome surprises
     04 Apr: Economists are still expecting a drop in interest rates - despite strong headwinds in the global trade environment
     04 Apr: Insurer IAG has apologised for mistakes in applying discounts
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