A focused view of neutral reporting on Business & Economy, brought together across publishers.
Explore all topics →
Japanese Prime Minister Sanae Takaichi, right, and U.S. Treasury Secretary Scott Bessent pose for photos at the prime minister's office in Tokyo on May 12. (Photo by Ken Suzuki)
Property experts say the generational tax changes in Jim Chalmers’ budget, although well intended, will do little to address the most pressing crisis confronting Victoria’s moribund housing market – the prohibitive cost of building homes.
Sources said that Beijing’s exclusive Capital Club had been reserved for networking opportunities in a ‘less formal’ setting
Sources said that Beijing’s exclusive Capital Club had been reserved for networking opportunities in a ‘less formal’ setting
Treasurer Jim Chalmers is trying to steer the federal budget through choppy economic waters, which are expected to get rougher in coming months.
Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war
Treasurer Jim Chalmers and Finance Minister Katy Gallagher say the budget aims to tackle intergenerational inequity. (ABC News: Callum Flinn)
Products & ServicesOpen Products & Services section
The federal government’s investment in state infrastructure will leave NSW with less road funding per person than Queensland, Western Australia and South Australia.
US President Donald Trump’s war with Iran has forced the government to spend an extra $15 billion over four years, slashing economic growth forecasts and spurring warnings of a disastrous spike in inflation if the conflict drags on and oil prices surge to as much as $US200 a barrel.
The Albanese government has unveiled a daring overhaul of property tax to slug investors and help more first homebuyers enter the market – a move likely to be felt most acutely by Queenslanders.
Property News: Suburbs where house values rose most in the past 12 months.
Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness
Several tax measures to help small business with cash flow have been made permanent in the budget. (ABC News: John Gunn)
Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
Raising taxes on assets, incomes of high earners will add to state revenues and incentivise protecting property rights, economist says
Sweden's EQT is set to acquire the Japanese operator of the Tabelog restaurant review and booking site. (Source photos by screenshot from Tabelog's website and Ryuta Minamihata)
Mubadala Investment Company, Abu Dhabi’s sovereign investment arm, is investing $325 million in Orsted’s Hornsea 3 offshore wind farm in the UK, as it continues to expand its global renewable energy portfolio.
You have reached your maximum number of saved items.
Andre Langos and Sam Smith will be sentenced in South Australia's District Court next month. (ABC News: Che Chorley)
MANILA, Philippines — Senate President Alan Peter Cayetano on Tuesday assured the public that the Senate would act “forthwith” on the impeachment complaint against Vice President Sara Duterte, while balancing other urgent national concerns, particularly economic issues affecting Filipinos.
French President Emmanuel Macron has announced 23 billion euros ($27bn) of investment during the Africa Forward summit in Kenya.
Ahead of the US-China summit, the world’s two largest economies are preparing for a high-stakes meeting in Beijing, where US President Donald Trump and Chinese President Xi Jinping are set to meet at a critical moment as personal chemistry and national rivalry collide on the global stage.
Products & ServicesOpen Products & Services section
The weekend attack took place in Pakistan's Khyber Pakhtunkhwa province, which borders Afghanistan. (AP Photo: Aamad Khattak)
The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
The government ‘is supportive of real-world assets … We also anticipate that future investment tokens and tokenised experiences will be settled using stablecoins,’ fintech group firm says
Mitsubishi Heavy Industries' military hardware includes warships like the destroyer “Yoshii”, launched here at its Nagasaki Shipyard in Japan last December. (Photo by Taro Fujii)
“We are building the Land of Israel and destroying the idea of a Palestinian state,” said Israeli Finance Minister Bezalel Smotrich on Friday. The action that brought on his comments: Israel’s uprooting of 3,000 Palestinian-planted trees in the occupied West Bank.
Country with a population of just 2.5m credits investment in young athletes for its rise but this progress is under threat
Already have Rappler+? Sign in to listen to groundbreaking journalism.
Wong Pak-ting, 45, tried to kill wife, three daughters and himself out of fear they would be harrassed for his business debts, Hong Kong court hears
Wong Pak-ting, 45, tried to kill wife, three daughters and himself out of fear they would be harrassed for his business debts, Hong Kong court hears
SEOUL, May 12 (Yonhap) -- The presidential chief of staff for policy on Tuesday proposed introducing public dividends to distribute the "fruits" from an artificial intelligence (AI)-driven economic boom.
Sweden's EQT is set to acquire the Japanese operator of the Tabelog restaurant review and booking site. (Source photos by screenshot from Tabelog's website and Ryuta Minamihata)
TMK Energy appears to be steadily earning a top seat at the table in Mongolia’s emerging gas sector, with production continuing to rise at its Gurvantes XXXV coal seam gas project.
SEOUL, May 12 (Yonhap) -- SKC Ltd., the chemical and materials arm of SK Group, said Tuesday it will issue new shares worth 1.16 trillion won (US$786.6 million) to invest in its glass substrate business and improve its financial structure.
As US President Donald Trump prepares to touch down in China for his first visit to the country since the start of his second term, the world is once again watching the uneasy dance between the world’s two largest economies.
The 2026-27 state budget has been labelled as reckless by the West Australian opposition, who have claimed it showed inflation was “made in WA” and strategies to address rising living costs were unsophisticated.
3 concerts expected to generate over $100 million in economic activity: Chamber of Commerce
Larvotto Resources has chalked up a genuine “red letter” project development moment at its Hillgrove antimony-gold project near Armidale in New South Wales, with first ore from its Metz underground mine now hauled to a surface stockpile.
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
President Lee Jae Myung on Tuesday slammed a bad bank in South Korea for their "predatory" act of collecting borrowers' debts that are long overdue.
Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
Demand for China-Europe flights surges as airlines avoid flying over Iranian airspace and divert tourists away from Southeast Asia
Treasurer Jim Chalmers will claim that a suite of tax changes covering negative gearing and capital gains tax will help 75,000 young Australians get into the property market.
The administration of South Korean President Lee Jae Myung has floated the idea of having members of the public receive dividends from the massive profits of chipmakers. (Nikkei montage/Source photo by Reuters)
The inaugural HIVE Art Fair in Seoul will experiment with an alternative business model that removes set booth fees and places emphasis on curatorial presentation. The five-event fair will start on May 21 at COEX Magok.
Adnoc Gas expects up to 80 per cent of processing capacity at the Habshan complex to be restored by the end of the year, after the facility was damaged during Iran's attacks on the UAE.
Kakao Pay is ramping up its offline payment expansion, aiming to grow monthly offline payment users to 10 million by 2027 as competition intensifies in Korea’s digital payments market.