Economy

Markets Steady as RBA Poised for Another Rate Rise; Oil Prices Swing on Hormuz Tensions

1 min read

The Reserve Bank is widely expected to deliver another interest rate hike this afternoon, with economists almost unanimously tipping a further tightening as inflation pressures […]

Economy

European Markets Slide as Oil Surges After Strait of Hormuz Closure

1 min read

European markets are reeling as a sudden spike in global energy prices sends shockwaves through already fragile economies. Brent crude has climbed above $82 a […]

Economy Exclusive

Supreme Court Tariff Ruling Leaves U.S. Businesses Facing Months of Uncertainty

2 min read

The U.S. Supreme Court’s decision to strike down President Donald Trump’s global tariffs has brought relief to many import‑reliant businesses but it also opens the […]

Australia Economy

Australia and Federal Government Unveil $30 Billion Plan for Nuclear Submarine Shipyard in Adelaide

2 min read

Australia has taken a major step forward in its AUKUS commitments, unveiling a $30 billion blueprint to build a state‑of‑the‑art shipyard in Adelaide that will produce […]

Economy World

Former UK Envoy Quits Labour as Epstein Files Trigger Fresh Storm

2 min read

A fresh wave of revelations from newly released U.S. documents has pushed former British ambassador to Washington Peter Mandelson to resign from the Labour Party, […]

Australia Economy

Hot Inflation Data Fuels Expectations of an RBA Rate Hike as Housing Costs Surge

2 min read

Economists say Australia’s hotter‑than‑expected inflation result has sharply increased the likelihood that the Reserve Bank of Australia will lift interest rates at its meeting next […]

Economy

Saudi Arabia to Reserve Majority of Marketing and Sales Jobs for Its Own Citizens

2 min read

Saudi Arabia is set to sharply reduce expatriate employment in its marketing and sales sectors as part of a major push to create more jobs […]

Exclusive Economy

US Officials Warn Canada Will Regret Opening Door to Chinese EV Imports

2 min read

Senior officials in the Trump administration warned that Canada will come to regret its decision to allow China to ship up to 49,000 electric vehicles […]

Australia Economy

Australian Dollar Hits 14‑Month High as ASX Slips Despite Global Metal Surge

2 min read

Australia’s share market closed lower on Wednesday even as gold and silver reached record highs and US stocks climbed. The Australian dollar strengthened sharply, rising […]