PRESS AND POLITICS – UNITED STATES

Murdoch son raps media for toxic politics

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Original article by Alex Barker
The Australian Financial Review – Page: 24 : 18-Jan-21

James Murdoch has launched his strongest attack on the US media since leaving the family media company started by his father Rupert. When asked if Fox News had played a role in the attack on the US Capitol on 6 January, James Murdoch claimed that media organisations had amplified election disinformation, resulting in a significant part of the US public believing in a "falsehood". He did not make specific reference to Fox News, his father, or his brother Lachlan, who is the CEO of Fox Corporation.

CORPORATES
FOX NEWS, FOX CORPORATION

For markets, the devil was in the lack of detail

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Original article by Jonathan Shapiro
The Australian Financial Review – Page: 13 & 29 : 13-Jan-17

Ewa Turek of Morgan Stanley notes that the first press conference of US president-elect Donald Trump offered few details of the policies he will prioritise after taking office. US markets posted modest gains in response to the press conference, while the Australian market dipped slightly. Garry Laurence of Perpetual adds that investors are waiting for more details of Trump’s policies, as well as guidance regarding the outlook for US interest rates.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, STANDARD AND POOR’S ASX 200 INDEX, PERPETUAL LIMITED – ASX PPT, WINGATE ASSET MANAGEMENT PTY LTD, MORGAN STANLEY WEALTH MANAGEMENT AUSTRALIA PTY LTD, UNITED STATES. FEDERAL RESERVE BOARD