Global Gold Prices Plunge Sharply, Falling Over $100 in a Single Day
The international gold market has been hit by a dramatic downturn, with prices dropping steeply in just 24 hours. Gold fell 2.36% in a single […]
Category: Economy
Markets Steady as RBA Poised for Another Rate Rise; Oil Prices Swing on Hormuz Tensions
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 […]
European Markets Slide as Oil Surges After Strait of Hormuz Closure
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 […]
Australian Inflation Holds at 3.8% in January, Underlying Measure Ticks Higher
Australia’s headline inflation rate remained unchanged at 3.8% in January (seasonally adjusted), but underlying price pressures edged higher a result slightly hotter than economists had […]
Supreme Court Tariff Ruling Leaves U.S. Businesses Facing Months of Uncertainty
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 and Federal Government Unveil $30 Billion Plan for Nuclear Submarine Shipyard in Adelaide
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 […]
Former UK Envoy Quits Labour as Epstein Files Trigger Fresh Storm
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, […]
Hot Inflation Data Fuels Expectations of an RBA Rate Hike as Housing Costs Surge
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 […]
Saudi Arabia to Reserve Majority of Marketing and Sales Jobs for Its Own Citizens
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 […]
US Officials Warn Canada Will Regret Opening Door to Chinese EV Imports
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 […]
