HSBC has renewed its search for a new board chairman after failing to compile a satisfactory shortlist, according to a Financial Times report published Saturday (Jul 19). The renewed effort …
Finance
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AustraliaFeaturedFinanceInternational
Singapore’s major exports rose by 13% in June, rebounding strongly after a short-lived decline.
by News Deskby News DeskSingapore’s key exports rose by 13% year-on-year in June, marking a strong rebound after a brief decline in May, according to data released by Enterprise Singapore (EnterpriseSG) on Thursday (Jul …
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AustraliaFeaturedFinanceInternationalPolitics
Trump adopts a more conciliatory approach toward China in hopes of arranging a summit with President Xi and reaching a trade agreement.
by News Deskby News DeskU.S. President Donald Trump has moderated his previously combative rhetoric toward China as he seeks to secure a summit with President Xi Jinping and finalize a trade agreement with the …
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AustraliaFeaturedFinancePolitics
Markets were shaken by a “credible threat” suggesting that Donald Trump might attempt to remove Jerome Powell from his position.
by News Deskby News DeskOnce again, U.S. President Donald Trump demonstrated his ability to influence global financial markets—this time by revisiting a recurring theme: the potential dismissal of Federal Reserve Chair Jerome Powell. Much …
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AustraliaFeaturedFinance
ASX Slips from Record High as Mining Stocks Weigh Down Index, Rare Earths Shine
by News Deskby News DeskAustralia’s share market has retreated from yesterday’s all-time high, with losses in major mining companies dragging down the broader ASX 200 index. However, rare earths stocks showed strong gains, providing …
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AustraliaFeaturedFinance
Global instability poses a risk to fuel security, but electric vehicles may help reduce reliance on oil
by News Deskby News DeskEvery time a global crisis erupts, Australians often feel the impact almost instantly at the petrol pump. Just last month, analysts warned that escalating tensions in the Middle East — …
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FeaturedFinanceInternational
Amid ongoing trade tensions under Trump, Albanese adjusts his stance on the US alliance
by News Deskby News DeskThe European Union has been holding extended talks this week in Brussels with Chinese Foreign Minister Wang Yi, focusing on trade and international concerns like the war in Ukraine, ahead …
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FeaturedFinanceInternational
Russia is the first nation to officially recognise the Taliban government
by News Deskby News DeskRussia has officially become the first country to recognise the Taliban government in Afghanistan since the group took power in 2021. This decision followed Russia’s removal of the Taliban from …
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AustraliaFeaturedFinanceInternational
Anthony Albanese rules out GST hike while unveiling bold vision for Labor’s second term
by News Deskby News DeskAlbanese Rules Out GST Hike, Outlines Pro-Business Agenda for Labor’s Second Term Prime Minister Anthony Albanese has ruled out any increase to the goods and services tax (GST), reaffirming Labor’s …
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AustraliaFeaturedFinanceInternational
Central banks are moving away from the US dollar — what currencies are gaining ground?
by News Deskby News DeskCentral Banks Are Moving Away from the US Dollar — What’s Gaining Ground Instead? Central banks manage a variety of assets to support monetary and financial stability. These holdings are …