Australia Financial News

21.09 / 03:15

Lowe's Nikkei KOSPI performer track Asian stocks Asian stocks battered by hawkish Fed; More rate decisions awaited

Investing.com-- Most Asian stocks sank on Thursday as the prospect of higher U.S. interest rates crimped the appeal of risk-driven assets, with focus now turning to more upcoming central bank rate decisions in the region.

21.09 / 02:41

FIVE Man Death President country reports Department Australia downplays India’s role in country’s internal affairs

Australia (a close ally of Canada) Penny Wong has stated that the Albanese government is deeply concerned by allegations that India was behind the murder of a Sikh man in Canada. However, she downplayed that India would meddle in Australia's internal affairs. Speaking at the United Nations headquarters in New York on Wednesday, Wong said the Australian government had raised the issue with its Indian counterparts and would continue to monitor the situation closely.

21.09 / 02:35

business regulation Kraken ASIC Australian Australian regulator sues Kraken provider over margin trading product

The Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings against Bit Trade, the provider of the Kraken crypto exchange in Australia, for failing to comply with design and distribution obligations for one of its trading products.

21.09 / 02:23

FIVE Cooper Action country NOT Share evidence on Nijjar, not accusations, India tells Canada

Hardeep Singh Nijjar on June 19 in Surrey, Vancouver, seeking evidence from Ottawa, offering to cooperate in the investigation, and briefing its key allies about both the emptiness of Trudeau’s charge and Canada’s tolerance and encouragement of terrorists and separatists working against India and Indian interests. According to several senior officials, the response, across several dimensions, follows a meeting of top foreign ministry and national security officials in the new Parliament building on Wednesday morning.

21.09 / 02:23

Lowe's Reuters NIFTY SENSEX reports 5 things that changed for market overnight: Gift Nifty, US Fed policy to global market cues for Sensex today

Indian stock market indices Sensex and Nifty50 are expected to open lower on Thursday tracking weakness in global peers. The Asian markets traded lower, while the US markets ended in the red after the US Federal Reserve Chair Jerome Powell announced a hawkish monetary policy. The US Fed kept the benchmark interest rates unchanged at a 22-year high of 5.25% to 5.5%, but said it will raise interest rates one more time this year.

21.09 / 02:09

UPS country exclusive reports donates Reclusive Sydney gambling mogul emerges as kingmaker in South Africa

Reclusive online gambling mogul Martin Moshal is playing an increasingly influential role in a push to oust the South African government.

21.09 / 02:09

UPS Citi JPMorgan RBC Abertis lines up bankers for EastLink tilt after Transurban knock back

Bad news on Thursday morning for the fifty-strong team advising Transurban on its pursuit of Melbourne’s EastLink toll road, after the competition regulator said it would oppose any acquisition.

21.09 / 00:25

Extreme Remark UBS APRA sounds alarm on retail obsession with bank hybrids

The prudential regulator is worried the high ownership of bank hybrids by Australian retail investors means faith in the financial system could be undermined, rather than protected, in the event the securities are written down.

20.09 / 23:47

BLOCK Platform prevention ACCC blocks Transurban from buying Melbourne’s EastLink

Transurban has been blocked for the first time ever by regulators from acquiring a toll road in Australia, with the competition watchdog ruling that it cannot proceed with a bid for Melbourne’s EastLink tollroad.

20.09 / 23:17

UPS Frydenberg appointed Goldman Sachs Australia chairman

Former treasurer Josh Frydenberg has been appointed the chairman of Goldman Sachs’ Australian business after joining the investment banking giant last year.

20.09 / 23:17

UPS PwC Forrester awards gossips reports AFR journalists are Walkley business finalists

Four Financial Review reporters are finalists in the Walkley awards for excellence in business journalism, in what the judges said was “a very strong year for entries”.

20.09 / 21:53

COMPOSITE Nikkei TSX recommendations US stocks Global markets update: US stocks decline as Fed hints it may hike rates again

Real estate stocks gained 2.2%. Euro zone banks surged 2%, on UniCredit’s 4.7% rally. Canada stocks pared its earlier gains to end down on Wednesday.

20.09 / 19:39

Target Cooper Citizens country information reports travelers India issues caution for travel to Canada

NEW DELHI : Diplomatic tensions between India and Canada mounted after New Delhi released a scathing travel advisory counselling its citizens to exercise caution while travelling to Canada. “In view of growing anti-India activities and politically condoned hate crimes and criminal violence in Canada, all Indian nationals there and those contemplating travel are urged to exercise utmost caution. Recently, threats have particularly targeted Indian diplomats and sections of the Indian community who oppose the anti-India agenda.

20.09 / 19:29

UPS BLOCK UBS performer stake Queensland Airports selldown swells to 74pc stake; TIF mulls clean out

The looming selldown at Queensland Airports Limited – which owns airports at Gold Coast, Townsville, Mount Isa and Longreach – is about to get much larger. Street Talk understands Macquarie’s The Infrastructure Fund is considering parting with its entire 40 per cent stake in the business instead of the 10 per cent it originally put up for sale.

20.09 / 19:29

Platform Action Chevron Bill Shell testing ‘No agreement’: Chevron, unions head to FWC on LNG dispute

Chevron’s final mediated talks with unions seeking to resolve an industrial dispute that has disrupted operations across three LNG sites in Western Australia have ended with no deal.

20.09 / 19:29

UPS Strategy show rock reports Whitehaven rebukes activist investor pushing back on $5b mine buy

Whitehaven Coal says its interest in buying coking coal mines “should come as no surprise to any of our investors” in a rebuke to the activist hedge fund pushing for it not to proceed with a multi-billion dollar acquisition.

20.09 / 18:47

business Blockchain Troubled crypto exchange JPEX applies for deregistration in Australia

Troubled Hong Kong crypto exchange JPEX has applied for deregistration in Australia.

20.09 / 18:21

UPS Action Strategy country information prevention Five-pronged strategy adopted to counter Khalistanis

India to using diplomatic strategy on taking up roles of foreign-based Khalistan sympathisers, the Centre has adopted a five-pronged strategy to counter radical Khalistan propaganda within and outside the country. The strategy includes identification and seizure of cross-border smuggling of narcotics, weapons from Pakistan, preventing jailed gangsters from operating in prisons and action against radical and Khalistan activities in Punjab, said official sources. The Union home ministry has been sharing details of anti-India activities on foreign soil with the missions of the United Kingdom, United States, Australia, and Canada.

20.09 / 18:21

President Celebrity US President US President Joe Biden invited for India's Republic Day parade: US Ambassador Eric Garcetti

Joe Biden for Republic Day celebrations in January next year, US Ambassador Eric Garcetti disclosed on Wednesday, adding that the invite was extended by Prime Minister Narendra Modi at the sidelines of the G 20 summit in the capital earlier this month. There has been speculation that India will invite leaders of the Quad nations — US, Japan and Australia — for the annual parade but there has been no official confirmation of the same. Garcetti did not comment on the possibility of other leaders being invited for the celebrations. Biden could be the second US President to take part in Indian Republic Day celebrations after Barak Obama who was the Chief Guest in 2015.

20.09 / 14:48

MET Cooper Citizens President Celebrity reports 2024 Modi has invited Biden to be Republic Day Chief Guest in 2024: US Ambassador Eric Garcetti

Narendra Modi has invited US President Joe Biden to be the Chief Guest at the 2024 Republic Day celebrations, said US envoy Eric Garcetti. Garcetti, who took office as Ambassador earlier this year, was speaking to reporters at an event hosted by the Ananta Aspen Centre, a think-tank. If Biden accepts the invitation, he will be only the second US President to be Chief Guest at India’s Republic Day.

20.09 / 14:04

COST Lowe's Platform Experts reports recommendations Top Forex Brokerage Firms In The UK

Forex Brokers in UK. The selection process involved a rigorous evaluation using 100 distinct parameters to assess platform safety, financial stability, reliability, costs, and technology. Emphasizing the significance of broker licensing and authorization, Traders Union ensured that only well-regulated platforms secured spots on the list.

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