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Reserve Bank of Australia raises cash rate for third consecutive meeting as governor says increases ‘are not going to do anything for inflation’ in next six months
CK Hutchison Group Telecom's announcement that it is exiting from VodafoneThree comes three months after its parent said it has agreed to sell its entire stake in UK Power Networks. (CK Hutchison website)
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The digital economy team at Moody's is trying to adapt its ratings and services to emerging technologies such as blockchain and artificial intelligence. (Nikkei montage/Source photos by Reuters)
While Red Metal Limited believes it is on the cusp of developing an ultra-low-cost processing pathway for its giant Sybella rare earths project near Mount Isa in Queensland, the stars also appear to be lining up, with Australian Prime Minister Anthony Albanese and Japanese Prime Minister Sanae Takaichi recently elev…
The government has ordered authorities to look into claims that a group of businessmen was colluding with MACC officials to oust executives
The government has ordered authorities to look into claims that a group of businessmen was colluding with MACC officials to oust executives
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Man Group, the world’s largest listed hedge fund firm, is set to establish a presence in Abu Dhabi, in a significant boost to the emirate’s ambitions to position itself at the centre of global capital flows.
Hantavirus cruise ship could dock at Spain's Canary Islands, Spain to allow children under 12 to be heard in court proceedings affecting them, US investment giant Blackrock hits record €100 billion portfolio in Spain and more news on Tuesday May 5th.
Premier1 is primed to pull the trigger on a reverse circulation (RC) drill campaign at Rochefort, a largely untouched prospect within its Abbotts North project in Western Australia’s Murchison region, 35 kilometres north of Meekatharra.
SEOUL, May 5 (Yonhap) -- Samsung Electronics Co.'s board chairman on Tuesday expressed concerns over the potential economic impact of a planned general strike by unionized workers and called for the dispute to be resolved through dialogue, the company said.
The war in the Middle East and resulting surge in fuel prices and interest rates has forced Victoria to downgrade expectations of economic growth over the next four years, further challenging its ability to outgrow a burgeoning debt pile.
A drop in international flights spurred by the war in the Middle East has left Qantas’ suppliers “nervous” they are buying too much aviation fuel at high prices, the airline’s chief executive said.
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…
Korea’s initial public offering market remains subdued even as the benchmark Kospi nears the 7,000 mark, with new listings down sharply from a year earlier and analysts expecting the lull to persist through the first half.
Submitted by Thomas Kolbe
This is AI generated summarization, which may have errors. For context, always refer to the full article.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
South Korea’s housing market divide is expected to ease this year as tighter government regulations cool price gains in the country's most populated regions, according to a report published Tuesday by a think tank under KB Financial Group.
Critica Limited has recruited a fresh set of eyes to oversee the development direction of the company’s Mt Lindsay projects in Tasmania, one of the biggest undeveloped tungsten-tin deposits in the world.
Sustainable aviation fuel plants backed by tycoon Peter Lee’s family office hailed by Hong Kong leader as ‘milestone’ cross-border collaboration
Sustainable aviation fuel plants backed by tycoon Peter Lee’s family office hailed by Hong Kong leader as ‘milestone’ cross-border collaboration
Showing undeniable commitment to his business cause, billionaire cardboard king Anthony Pratt has shopped his own wardrobe and recycled an infamous outfit for the world’s most exclusive fashion gala.
Potential home buyers and existing borrowers have become more cautious over the last two months, amid rising interest rates, spikes in petrol prices and the cost of living.
Foreign minister Penny Wong visits Fiji this week to progress the security and economic agreement
Civil society groups in Uganda have strongly criticised a proposed “Protection of Sovereignty Bill,” warning it could stifle dissent and harm the economy, as debate intensifies ahead of its presentation in parliament.
Washington: Facing pressure to address the economic fallout of his war in Iran, President Donald Trump sought to portray his policy wins for small businesses as evidence that he was succeeding in building up the economy.
Sale of 49% stake in Britain’s largest mobile operator will boost cash, cut debt and fund expansion, filing shows
Sale of 49% stake in Britain’s largest mobile operator will boost cash, cut debt and fund expansion, filing shows
The RBA board has chosen to lift the cash rate for the third time this year. (AAP: Bianca De Marchi)
Shin Je-yoon warns walkout could hit chip output, ripple across economy
The country’s inflation rate rose to 7-point-2 percent last month, according to the Philippine Statistics Authority or P-S-A.
Higher fuel, food, transport and utility costs forced inflation to 7.2 per cent last month, the highest since March 2023
Higher fuel, food, transport and utility costs forced inflation to 7.2 per cent last month, the highest since March 2023
Sofy Saleem decided to shake up the stock in his Greenock hardware shop a couple of years ago.
Lawmakers suggest capping plays at HK$5 and prizes at HK$300 as first step, while calling for a balance between user protection and industry development
Lawmakers suggest capping plays at HK$5 and prizes at HK$300 as first step, while calling for a balance between user protection and industry development
Brussels is polling business groups ahead of commissioners’ meeting but few details of the proposed instrument have been revealed
Brussels is polling business groups ahead of commissioners’ meeting but few details of the proposed instrument have been revealed
More than 85 per cent of Iranian drones that were launched at the UAE were eliminated by Edge Group’s defence systems, the UAE defence conglomerate has said.
If he’s gonna play like this, Joel Embiid should issue a retraction. Tell Sixers fans to sell their tickets while they still can. Get that money on the secondary market.
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LG Electronics said Tuesday it has been named among the top 1 percent of companies worldwide in S&P Global’s latest Corporate Sustainability Assessment for the third consecutive year, underscoring its progress in environmental, social and governance management.
Auto news: Will Australians spend over $100,000 on a Chinese car?
Interest rates are now back at the same level as February 2025, before the Reserve Bank began its rate-cutting cycle. (ABC News: Daniel Irvine)
Atlanta Braves’ Jonah Heim follows the flight of his double to drive in two runs off Colorado Rockies relief pitcher Jimmy Herget in the ninth inning of a baseball game, Sunday, May 3, 2026, in Denver. (AP Photo/David Zalubowski)
Australia's central bank on Tuesday raised its policy rate to 4.35%, its highest level since December 2024, amid elevated inflation.
The Reserve Bank has lifted interest rates as insurance against an inflation breakout from the Iran war, while warning that higher oil prices risk pushing the economy to the brink of a per-person recession.