Australia Financial News

Indian stock market is expected to open lower on Thursday tracking weak global cues amid strength in US dollar and surging crude oil prices. Asian markets were mixed, while US stock market ended in the red as stronger economic data raised concerns that interest rates will remain elevated for longer. The domestic benchmark equity indices ended higher on Wednesday, their fourth consecutive session of gains.

yen to a 10-month trough on Thursday and kept the euro and sterling pinned near three-month lows, as investors placed their faith in a still-resilient U.S. economy even amid a dour global growth outlook. The greenback scaled a fresh top of 147.865 yen in early Asia trade, its highest since last November. Against a basket of currencies, the dollar was last 0.05% higher at 104.91, holding on to some of its gains from the previous session after scaling a six-month peak on news that the U.S.

London | The emerging global carbon market will radically reshape the world’s forests into a potentially booming asset class – one already worth $US100 billion ($156 billion) – but the industry has no seat at the table where the new rules are getting drawn up.

Australia’s biggest smash repair chain AMA Group launched a $55 million equity raise on Thursday morning, calling in stockbroker Canaccord Genuity to round up investors.

The corporate regulator alleges a contract clause that allows PayPal to keep any fees wrongfully charged to customers if the payments provider’s errors are not identified within two months is unfair.

National law firm Hall & Wilcox has set its sights on further expansion as it announces a takeover of boutique Brisbane-based firm McMahon Clarke.

The Sun Cable solar export venture will this month apply for a licence in Singapore to import energy as it pushes ahead with the project after the completion of the sale on Thursday to billionaire businessman Mike Cannon-Brookes’ Grok Ventures.

A slump in demand hit profit and partner pay at Australian law firms in the first half of last financial year, but a world-leading recovery ensured the industry finished the year on a high.

(Reuters) — Australia's securities regulator said on Thursday it will take PayPal (NASDAQ:PYPL)'s local arm to court alleging that the digital payments giant's standard contracts with small business customers contain an unfair term that could overlook errors in overcharging, burdening its clientele.

By Jamie McGeever

England ready to take on mighty teams in the Rugby World Cup 2023? After getting humiliating drubbings from Wales, Ireland and Fiji, the question being asked is if Steve Borthwick’s team is simply not prepared. An opening weekend victory in Marseille will spur England and their fans may pin their hopes on the team. On the other hand, Argentina are full of confidence after July’s victory over Australia and they are confident of topping Pool D. But they have suffered a narrow defeat to defending champions South Africa as well. Coach Michael Cheika has ambitions of at least reaching the semifinals like they have done in 2007 and 2015.

On Tuesday, amid mounting pressure, Qantas chief executive Alan Joyce announced he was stepping down, handing over the reins to Vanessa Hudson two months earlier than expected.

Netflix, Hulu, and Prime Video requiring payments. However, there are some free alternatives like CW TV, which was originally known as CW Seed. It offers a variety of content from the CW network and some unique shows you can't find elsewhere.

South Korean power companies say they are preparing to sue Australian laboratory giant ALS over claims of fake-coal testing, and are also considering action against miners.

(Reuters) — National Australia Bank (OTC:NABZY) is planning to cut 222 jobs in the personal lending, technology, corporate finance and client coverage departments, the Australian Financial Review reported on Wednesday.

Ben Shelton took down Frances Tiafoe in four sets in an all-American US Open clash Tuesday to book a semi-final date with 23-time Grand Slam champion Novak Djokovic. World number 47 Shelton defeated Tiafoe 6-2, 3-6, 7-6 (9/7), 6-2 to make the last four of a major for the first time and become the youngest American man to do so in New York since Michael Chang in 1992. «It doesn't get much better than that,» the 20-year-old Shelton said of a first-time meeting with Djokovic that awaits him on Friday. «I feel like I left it all out here tonight. It was an emotional battle.» Shelton saved a set point as he won a crucial third-set tie-break and pulled away in the fourth to settle a historic first Grand Slam quarter-final in the Open era featuring two African-American men. «Sometimes you've got to shut off the brain, close your eyes and just swing, and maybe it was a little bit of that down set point and it end up working out,» said Shelton. «Some may say clutch but I don't know about that.» The former college champion, who is coached by his father and former professional Bryan Shelton, arrived at his second US Open with a tour-level record of 12-20 this season. He had failed to win multiple matches at any of the 18 ATP Tour events he had played since advancing to the quarter-finals in his Australian Open debut. Ten of his 17 victories in 2023 have now come at Grand Slams.

Binance Eastern Europe Vice President Gleb Kostarev and CIS Manager Vladimir Smerkis have announced their departure from the company as the exchange considers a possible exit from Russia.

Contract talks between Chevron and labour unions in Australia will continue another day, prompting workers at two liquefied natural gas terminals to put their threatened strikes on hold.

Weather remains a pivotal factor influencing the price dynamics of various agricultural commodities across the globe. This holds true for three major food commodities: cocoa, sugar, and rice, all of which have witnessed a substantial uptick in prices in recent weeks.

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The Middle East is home to some of the world’s largest sovereign wealth funds. Overseeing close to $3 trillion of assets, these investing giants have become key players in global dealmaking.