Australia Financial News

Online bookmaker Betr may have to hand over tens of millions of dollars to Australian punters if favourites Penrith Panthers win the NRL Grand Final this weekend.

exports received a much-need boost on account of free trade agreements (FTAs) with UAE and Australia with shipments to both nations surging 9% in April-August period of the financial year 2023-24 even as overall engineering exports slipped during the period under review. Engineering exports to UAE in April-August period of FY24 increased 9% year-on-year to $2.24 billion. In the same period, engineering exports to Australia also jumped 9% year-on-year and stood at $596.14 million as compared to $548.62 in April-August period of FY23. Overall engineering exports in April-August period of 2023-24 dropped 4.55% to $44.62 billion as against $46.74 billion in April-August period of 2022-23. Notably, engineering exports to Russia surged 178% year-on-year to $568.41 million in April-August period of FY24.

malicious activity on their customer systems, after a cyber incident was first identified on August 18. The company had previously said some personal information of its current and former employees had been compromised.

Bangladesh go up against Sri Lanka at the Barsapara Cricket Stadium in Guwahati. South Africa take on Afghanistan at the Greenfield International Stadium in Thiruvananthapuram. New Zealand square off against Pakistan at the Rajiv Gandhi International Stadium in Hyderabad.

Asian shares eased away from their lowest levels in 10 months but were on course to clock their worst quarterly performance in a year as worries over elevated interest rates dragged on sentiment, while the dollar held strong. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.59% higher but not far off the 10-month low it touched on Thursday.

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Brent November futures which expire on Friday were down 21 cents to $95.17 per barrel. Brent December futures lost 10 cents to trade at $93.00 per barrel at 0055 GMT. U.S.

«Going ahead, the weakness in the market is likely to extend till the worry over the elevated oil prices and higher interest rates remains, posing a risk to the earnings growth trajectory,” said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded higher by 25.5 points, or 0.13 per cent, at 19631.5, signaling that Dalal Street was headed for negative start on Friday.

A deal for Saudi Aramco to buy a $US500 million ($778 million) stake in one of the North American suitors for Origin Energy will bring the oil giant into the Australian LNG sector for the first time and has raised questions around foreign investment approval for the $18.7 billion takeover.

Prominent Sydney venture capitalist Grant McCarthy helped raise funds for a company run by an Australian banker accused by authorities in the US of defrauding wealthy investors and fleeing to Bali.

domestic equity benchmarks settled around a percent lower amid volatility due to the monthly F&O expiry and dragged by weak global cues. Going ahead, the weakness in the market is likely to extend till the worry over the elevated oil prices and higher interest rates remains, posing a risk to the earnings growth trajectory. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd Asian markets traded higher on Friday following overnight gains on Wall Street and release of key economic data in Japan.

ODI World Cup 2023 is nearly upon us, with only a week remaining before the tournament begins. The reigning champions, England, will face off against New Zealand in the first match of this highly anticipated tournament. This match will be held in Ahmedabad's Narendra Modi Stadium. India, who presently leads all three cricket forms, will kick off their campaign on October 8th in Chennai against five-time winner Australia. It should be noted that India has not won an ICC trophy since 2013, and they are desperate to break the ten-year drought. Prior to the main competition, each of the 10 competing teams will play two warm-up matches. From September 29 to October 3, these practice games will be staged at three separate locations in India. India will take on England and the Netherlands in their two warm-up matches, which will be held in Guwahati and Thiruvananthapuram, respectively. Here is the complete schedule for the ICC Cricket World Cup 2023 Warm-Up Matches: September 29, 2023 – Friday

NEW DELHI : The US has urged India to cooperate with Canada’s investigation into the killing of Hardeep Singh Nijjar, state department spokesperson Matthew Miller said before a meeting between foreign minister S. Jaishankar and his opposite number, secretary of state Anthony Blinken.

Legal inquiries into PwC Australia’s tax leaks scandal have concluded that it did not lead to a “reduction in tax revenues for Australia”.

New Delhi: State-owned Steel Authority of India Ltd (SAIL), the largest steel producer in the country, is ensuring it has adequate coking coal stock through imports from Russia and will complete imports of 300,000 tonnes from Russia by the end of this month. The company is looking to bring in 3,00,000 tons of coking coal by the end of this quarter (July – Sept), Amarendu Prakash, Chairman of SAIL, told Mint on the sidelines of the Indian Steel Markets conference here today. “It is a continuous thing; we buy from them continuously.

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

replacing all-rounder Axar Patel, who could not recover from the quadriceps tear injury in time. The decision thrilled cricket fans on social media, who were quick to point out that Ashwin was also the part of the squad that had won India's second 50-over world cup title in 2011. Scores of fans also highlighted the fact that the spin wizard, along with former skipper Virat Kohli, are the only two current Indian team members who had featured in the squad that won the marquee tournament in 2011.

Finals fever has spread as far as Reno, Nevada, where the American lawyers who work for Peter Moore’s gold exploration company have been closely monitoring the selection dilemmas facing Collingwood ahead of Saturday’s AFL grand final.

Boeing’s global president and chief executive Dave Calhoun says the backlog of orders for new passenger aircraft is not going to ease any time soon, with the waitlist stretched well into the 2030s.

Big bank investors are warning that Australia has not yet passed the risk of the so-called mortgage cliff after household savings, which have sheltered borrowers from the worst of high inflation and rising interest rates, recorded the first fall in 16 years.

De Grey Mining says it is now in a stronger position to secure funding despite a near 30 per cent jump in the cost of building Australia’s next big gold mine.

ESPNCricinfo), “The evidence establishes that there was no opportunity for the accused to remove the condom during intercourse because that intercourse was continuous," "I find that the evidence regarding the complaint far from supports the complainant. Rather it undermines the reliability of her evidence," the judge added.