Trump has proposed sweeping overhauls to government bodies.

President Donald Trump has called for an end to quarterly reporting for US-listed companies in what would be one of the biggest shake-ups to financial markets seen in years.

The US president said companies should “no longer be forced” to report results on a quarterly basis and instead report on a six month basis, emulating the rules used by the London Stock Exchange.

Trump said the change, which would be subject to “approval” by the US securities regulator, would “save money and allow managers to focus on properly running their companies”.

He hinted that American companies were adopting too short-termist an approach, and lauded the longer-term outlook of businesses in China.

Trump said in a post to Truth Social: “Did you ev

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