Federal budget deficit expected to nearly double to around $2 trillion, government watchdog says
The federal budget deficit is expected to balloon to about $2 trillion for fiscal year 2023, roughly double what it was in the previous fiscal year, according to a government watchdog group.
2023-09-06 12:28
Australian Economy Defies Rate Hikes as Exports Drive Growth
Australia’s economy maintained its momentum in the three months through June, with the expansion underpinned by exports and
2023-09-06 12:20
Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback
A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China
2023-09-06 12:17
Morgan Stanley Turns Bearish on Emerging Market Currencies on China Risks
Morgan Stanley is returning to a bearish view on emerging-market currencies, citing concerns over China’s growth risks that
2023-09-06 11:57
Asean Latest: Chinese Premier Makes Debut as Tensions Mount
Chinese Premier Li Qiang is set to make his international debut in Jakarta at the Southeast Asia forum
2023-09-06 11:55
Australia passes law to encourage competition for main market operator ASX
SYDNEY Australia passed a law on Wednesday to support competition in post-trade settlement and clearing for financial markets,
2023-09-06 11:45
Disney's battle with Charter could pose an existential threat to the cable bundle
It's a carriage fight that could lead to the dismantling — or revolution — of the cable television bundle.
2023-09-06 10:49
C&S, SoftBank near deal to buy stores from Kroger, Albertsons - source
(Reuters) -C&S Wholesale Grocers, with the backing of SoftBank Group, is nearing a deal to acquire stores that Kroger and
2023-09-06 09:58
Xi Protege Steps Onto World Stage After China Leader’s G-20 Snub
China’s new premier is taking his first steps into the global spotlight this week, in part thanks to
2023-09-06 09:50
Australia Q2 economy grows by 0.4%, slightly beats forecasts
SYDNEY Australia's economy expanded by more than expected in the second quarter, driven by exports and investment, while
2023-09-06 09:48
Oil Tests November High After OPEC+ Leaders Extend Supply Cuts
Oil held near the highest since November after OPEC+ leaders Saudi Arabia and Russia announced that they would
2023-09-06 09:27
Australian Ore Miner Fortescue Says Executive Exodus Reflects Green Shift
A clutch of executive-level departures at Australian iron ore miner Fortescue Metals Group Ltd. is linked to the
2023-09-06 09:21