(3rd LD) BOK holds key rate steady but signals possible rate hike amid inflation pressure
(ATTN: RECASTS headline; ADDS more info in paras 9-13, 16-17, 20-21)
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(ATTN: RECASTS headline; ADDS more info in paras 9-13, 16-17, 20-21)
Pacgold Limited has fired up the drill rig at its Vertigo deposit in South Australia to kick off multiple follow-up resource growth campaigns for an accelerated full-scale production restart at its White Dam project.
Police have dismantled what they say is the Australian operation of the so-called Coconut Cartel, a gang locked in a months-long feud with the Alameddine crime family over control of Sydney’s illicit drug market, after seizing almost 400 kilograms of methamphetamine and arresting its alleged onshore leader.
West Wits Mining has posted a double-barrelled win at its flagship Witwatersrand Basin project in South Africa, successfully popping its 1 West decline through into the historical 2 Level mining horizon while simultaneously broadening its ongoing scoping study to target regional growth.
A Google software engineer has been charged with fraud by US authorities after allegedly using insider information to win more than $1.2m in bets on the prediction market platform Polymarket.
Bank of Korea Gov. Shin Hyun-song bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on May 28, 2026. The central bank kept its benchmark rate unchanged at 2.5 percent, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation an…
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Labor’s contentious tax changes will be pulled apart in a Senate inquiry next month, but the tight three-week deadline will sustain a political brawl over the government’s rush to pass new laws amid a broadening business backlash.
Energy inflation tied to the war in Iran has lasted longer than expected, creating a "stagflationary shock" for Asian economies, Chicago Federal Reserve President Austan Goolsbee said Thursday.
Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says
Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says
Storing a backpack for €2.50, receiving an SMS notification for €3.50, scanning application materials for €150, “document verification” for €220 — for visa applicants trying to reach Europe, extra charges can appear at almost every step of the process, levied by a private company they have no choice but to use.
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There is a timeless rhythm to the Western Australian goldfields where history rarely stays buried for long. In the cyclical world of resources, yesterday’s legacy projects frequently become tomorrow’s high-flying development stories.
BEIJING — Chinese electric car company Nio is trying to raise the bar for premium vehicles in a fiercely competitive market.
A rise in the price of gold due to tariffs imposed in May will increase the loan amount that can be pledged against the value of the metal, thereby making gold-backed loans more attractive. © Reuters
Wealthy older Australians are using the nation’s negative gearing and capital gains tax laws to grab a greater share of the property market, research for the Reserve Bank has found, pushing up house prices at the expense of low- and middle-income earners.
The Yaima Maru ferry will ply the route between Taiwan's Keelung and Japan's Ishigaki. © Yaima Line
The central bank on Thursday raised its economic growth forecast for South Korea to 2.6 percent for 2025 amid solid exports driven by a semiconductor supercycle.
South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness.
Chinese firms are integral to Southeast Asia’s green transition plan, which will see nations across the region integrate their grids, official says
Chinese firms are integral to Southeast Asia’s green transition plan, which will see nations across the region integrate their grids, official says
South Korea's central bank kept its benchmark interest rate unchanged on Thursday, signaling that a shift toward a tighter monetary policy stance could come soon.
SEOUL, May 28 (Yonhap) -- The central bank on Thursday raised its economic growth forecast for South Korea to 2.6 percent for 2025 amid solid exports driven by a semiconductor supercycle.
SEOUL, May 28 (Yonhap) -- South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness.
Zurich – Hong Kong has overtaken Switzerland for the first time in cross-border wealth management, according to a study by the Boston Consulting Group published on Wednesday.
Bonnie Chan says city seeks closer collaboration with region ahead of city leader’s high-level trip to Kazakhstan and Uzbekistan in early June
Bonnie Chan says city seeks closer collaboration with region ahead of city leader’s high-level trip to Kazakhstan and Uzbekistan in early June
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Minneapolis Federal Reserve President Neel Kashkari said Thursday that his priority is to bring down inflation in the U.S. over the labor market, calling the rise in consumer prices "too high."
It says a lot about modern women when a private business imposes standards of general modesty and they feel personally attacked. So much so, that they run to social media and their local news station to cry victim. It's not an isolated incident, it is an example of a more pervasive culture of female entitlement that…
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The penalties handed out to leading brokerages are harsh, but Beijing must show it means business as it cleans up China’s capital market
The penalties handed out to leading brokerages are harsh, but Beijing must show it means business as it cleans up China’s capital market
Unmanned systems will present the greatest danger and structural growth opportunity over the next decade, former CIA director David Petraeus said, pointing to conflicts in Iran and Ukraine as evidence of how warfare is rapidly evolving.
The ABC has sacked Four Corners reporter Mahmood Fazal after an internal investigation into an unauthorised podcast appearance with a former underworld figure last year.
Passage through the waters could reduce transit times to Europe, offering an alternative to traditional routes amid rising geopolitical risks
Passage through the waters could reduce transit times to Europe, offering an alternative to traditional routes amid rising geopolitical risks
A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters, Feb. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin, File)
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Starbucks must establish safeguards to prevent another 'Tank Day' controversy: Starbucks Korea bears responsibility, but politicians should stop exploiting corporate mistake
A rendering of a hospital to be built in Australia with involvement by Capella Capital Partnership, a subsidiary of Sojitz. (Capella Capital Partnership)
The ECB said in its latest financial stability review report that policy measures to address rising energy prices should be "temporary and targeted." © Reuters
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The United States stock market has been hovering near record highs and oil prices have plunged amid new hope that a ceasefire deal between the US and Iran is close.
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