Australia Financial News
06.07 / 11:01
COST
Lowe's
MET
VISA
Low
Imports of low ash Met Coke under Safeguard duty probe scanner
Directorate General of Trade Remedies (DGTR) has initiated a Safeguard duty (Quantitative Restrictions) investigation concerning imports of low ash metallurgical coke (Met Coke) into India. This probe has been triggered after complaints from BLA Private Limited, Jindal Coke Limited, Saurashtra Fuels Private Limited, Vedanta Malco Energy Limited, and Visa Coke Limited. According to a DGTR notice, the applicants have alleged that there has been a ‘sudden, sharp, significant, and recent’ increase in volume of low ash metallurgical coke imports in India.
06.07 / 09:47
Twitter
Target
MET
Indian
Any direct attacks on Indian mission 'completely unacceptable', says UK amid Khalistani threats
India in London are «completely unacceptable» amid anti-India attacks by Khalistani extremists emerging on social media channels. UK Foreign Secretary James Cleverly took to Twitter to declare that the safety of the staff at India's diplomatic mission in the country is paramount. His intervention follows threats and attacks targeted at Indian diplomatic missions in the US, Australia and Canada and some threatening posters emerging online with images of Indian High Commissioner to the UK Vikram Doraiswami and Dr Shashank Vikram, the Consul General of India in Birmingham.
06.07 / 08:41
Provident
Target
Platform
Indian
'Direct attacks on Indian High Commission in London unacceptable,' says James Cleverly
Indian diplomats have also surfaced in Canada, allegedly circulated by Sikh extremists. These posters specifically mention Indian High Commissioner to Canada Sanjay Kumar Verma and Apoorva Srivastava, the Consulate General of India in Toronto.
06.07 / 08:17
UPS
Citi
Citizens
VISA
Manufacturing
foreign
China needs foreign workers. So why won’t it embrace immigration?
economic growth and create an enormous burden of care. Yet when officials in Beijing mull solutions, one seems largely absent from the discussion: immigration. China has astonishingly few foreign-born residents.
06.07 / 06:55
UPS
Aware
Manufacturing
TikTok
MAT
adult
NOT
You May Have Adult ADHD, but Not Because TikTok Says So
More people are aware of adult ADHD, often thanks to videos and posts about it that they see on TikTok and Instagram. Doctors say that’s helped more people get treatment, but not everyone who feels distracted has ADHD. At St.
06.07 / 06:07
UPS
Lowe's
NIFTY
Nikkei
KOSPI
Asian stocks
Asian stocks sink as Fed minutes fuel rate hike bets
Investing.com — Most Asian stocks fell on Thursday, tracking a decline in U.S. markets as the minutes of the Federal Reserve’s June meeting presented a hawkish outlook, while weak economic signals and fears of a Sino-U.S. trade war also weighed.
06.07 / 06:07
UPS
Manufacturing
Earth
Rare earth stocks surge amid U.S.-China trade war fears
Investing.com — Rare earth mining stocks saw strong gains this week after China announced some export curbs on chipmaking metals to the U.S., raising concerns that the country could leverage its rare earth dominance in a trade war with Washington.
06.07 / 04:57
UPS
Provident
MAIL
Career
Landmark
Remark
Ricky Ponting picks this cricketer as Australia’s ‘second-greatest batsman’ after Don Bradman
Former Australian captain Ricky Ponting, speaking with Nasser Hussain for the Daily Mail, hailed Smith's exceptional batting prowess and ranked him as the second-greatest batsman in Australian cricket history after the legendary Don Bradman. Reflecting on Smith's accomplishments, Ponting praised his rapid rise to success, noting his swift journey to becoming the second-fastest player to reach 9,000 Test runs. Steve Smith is set to achieve a momentous milestone as he gears up to play his 100th Test match.
06.07 / 03:57
UPS
Citi
MSCI
Nikkei
Stocks slide, US yields climb amid hawkish Fed, China tensions
U.S. 10-year Treasury yields climbed to a fresh four-month high in Tokyo trading, and the dollar extended its rise against major peers. Japan's Nikkei share average slumped more than 1%, continuing its retreat from 33-year highs.
06.07 / 02:45
NASDAQ
DOW
NIFTY
VIX
GIFT Nifty down 30 points; here's what changed for market while you were sleeping
«Overall we expect the market to consolidate with a positive bias in the near term, before taking flight to record high levels,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19250 to 19500 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 33 points, or 0.17 per cent, lower at 19,479, signaling that Dalal Street was headed for negative start on Thursday.
06.07 / 02:41
Adoption
Military
testing
US Pentagon is testing whether AI can plan response to an all-out war
The United States military has begun tests to see if generative AI can assist when planning responses to potential global conflicts or taking on more mundane tasks like providing faster access to internal information.
06.07 / 01:55
CEO
Strategy
Bubs Australia falls after mounting new strategy, outlook amid board overhaul
By Rishav Chatterjee
06.07 / 01:53
NASDAQ
NIFTY
Nikkei
KOSPI
Indian
Asian stocks
Gift Nifty, Asian stocks to US Fed meeting minutes - key triggers for the Indian stock market
minutes showed that the central bank was split on pausing interest rate hikes in June and sees more rate hikes at a slower pace going ahead. At the June 13-14 meeting, the Federal Open Market Committee (FOMC)’s decision to hold interest rate after 10 consecutive increases was to buy time and assess whether further rate hikes would be needed, the minutes showed On the domestic front, the Indian equity indices ended flat on Wednesday after hitting record highs for the last four consecutive sessions. After showing high volatility at high levels, Nifty continued to show consolidation movement on Wednesday and closed the day higher by 09 points. “Global worries along with moderation in Service PMI data briefly impacted the domestic market’s rally.
05.07 / 23:45
business
NFT
defi
Decentralized Exchange
Decentralization
Derivatives
On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Capital.
05.07 / 22:29
UPS
Man
Puzzle
Orange
Wimbledon: Three protesters arrested for interrupting matches by throwing confetti on court
WIMBLEDON : Three protesters arrested for interrupting matches by throwing confetti on court Grigor Dimitrov was about to serve at Wimbledon when two environmental activists jumped out of the stands at Court 18 and disrupted his match by scattering orange confetti and puzzle pieces on the grass. His initial instinct Wednesday? Get involved and try to stop them. “But then I also realized," the three-time Grand Slam semifinalist said, “that’s not my place to do that." Instead, security guards hauled away the woman and man wearing T-shirts from Just Stop Oil — an organization that wants the British government to stop new oil, gas and coal projects — and the two were arrested “on suspicion of aggravated trespass and criminal damage," according to the All England Club.
05.07 / 21:05
COMPOSITE
DAX
Nikkei
US stocks
economic data
Global markets update: US stocks slide on weak economic data
economic activity fell in June. According to revised figures from the HCOB Eurozone Composite purchasing managers' index, Eurozone economic activity fell to 49.9 points in June, just under the 50-point mark indicating zero growth. The EURO STOXX 50 index closed 0.9% lower, its worst session since end May.
05.07 / 17:01
patient
‘It changed my life’: Ozempic patient shares her good, bad and scary side effects
For Edmonton native Susanne Brown, Ozempic has been life-changing. After being prescribed the drug, she climbs mountains, she’s training for a 10-kilometre run, and she’s ziplined through tropical forests in Mexico and swum in cenotes.
05.07 / 16:55
UPS
Target
Man
Action
Orange
Wimbledon disrupted by climate protests
Climate activists interrupted matches on one of Wimbledon's show courts on Wednesday, scattering orange confetti and jigsaw pieces in the latest protests targeting major sporting events.Just Stop Oil protesters ran onto Court 18 during the first-round match between 21st-seed Grigor Dimitrov and Japanese qualifier Sho Shimabukuro. A man sat down near the net and removed his jacket while a woman was escorted away by officials.
05.07 / 16:51
Citi
Target
Digital
Amazon
Aware
Amazon Global Selling to surpass $8 bn in cumulative exports from India in 2023
NEW DELHI : Exports by Indian sellers to Amazon marketplaces the world over are on track to surpass $8 billion in 2023, said a top executive at the company. The business update comes over a year after the global e-commerce marketplace had doubled targets to achieve $20 billion in cumulative e-commerce exports from India by 2025. The update is part of Amazon Global Selling, the retailer’s e-commerce exports program, that has grown to more than 1.25 lakh Indian exporters since its launch in 2015.
05.07 / 15:33
UPS
Lowe's
Twitter
Binance
Platform
Action
Australian
Binance woes grow as Australian regulator searches crypto exchange's offices
Binance’s offices in Australia were searched by the country’s financial markets regulator as governments around the world turn up the heat on the biggest cryptocurrency exchange.
05.07 / 15:01
Provident
FIVE
RBC
Dollar steady before Fed minutes; yen hovers near 145-mark
dollar held steady against other major currencies on Wednesday as traders waited for minutes from the Federal Reserve's last policy meeting that could offer clues to the outlook for interest rates. Australia's dollar fell in line with the Chinese yuan after data showed China's services activity expanded at the slowest pace for five months in June, the latest sign of a sputtering post-pandemic recovery in the world's second-largest economy. The dollar index — which measures the U.S.
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