Australia Financial News

Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates

«We feel that the opportunities are large. It is a beginning and we should look at growing from where we start. It is a modest beginning, but hopefully it will be an aggressive growth as we move along,» says Sanjiv Goenka, Chairman, RPSG Group. Well, the latest announcement coming in wherein Firstsource has deepened its presence when it comes to Australia. Could you talk to me about the strategic intent behind this? Sanjiv Goenka: Well, we have already got a very major presence in US and UK and this is the third big market that we are targeting. It has a presence of large corporates and so there is a business opportunity. The whole administration of the Victoria State and Melbourne City has been extremely supportive and enthusiastic. And we feel that the opportunities are large. It is a beginning and we should look at growing from where we start. It is a modest beginning, but hopefully it will be an aggressive growth as we move along.

Apple Inc. is facing an unprecedented challenge: persuading customers to buy its latest iPhones without their biggest new feature. On Friday, Apple is launching the iPhone 16 lineup in almost 60 countries, including the US, China, India, Australia and South Korea. But the device won’t come installed with Apple Intelligence — the much-anticipated AI software that the company has been touting since June. That means users will have to download the software features over time as they become available during the coming weeks and months. That’s put Apple in a tricky spot. It’s already marketing the AI features heavily, but some consumers may hold off on buying the new phones if they can’t enjoy the benefits right away. The new iPhone hardware, meanwhile, has only modest upgrades from prior models. A touch-sensitive Camera Control button that makes it easier to take pictures and video is the most notable change.

Quad Summit in Delaware will show that the four-nation grouping is more strategically aligned and relevant than ever before, the White House has said. QUAD, comprising Australia, Japan, India and the US, is an initiative of President Joe Biden. In the first 100 days of his presidency, Biden convened a virtual leadership summit of the QUAD countries in 2020. Since then QUAD leaders have been holding an annual summit on a rotation basis. «We believe you'll see… that the Quad is more strategically aligned and more relevant than ever before,» John Kirby, White House National Security Council Strategic Communications Director told reporters at a news conference here on Wednesday.

In its half-year report published today (18 September), the FTSE 250 trust said it had commenced a process to sell 170MW of operational Australian solar and 122MWp of development-stage battery energy storage systems.  Following the 50% stake sale in the Lorca portfolio last November, the sale of the trust's Australian portfolio marks the second stage of the divestment programme.  Foresight Solar weathers continuation vote despite 24% calling for closure With closing expected in the first half of 2025, the resulting proceeds will be used to repay the revolving credit facility and sh...

UN General Assembly on a resolution that demanded that Israel bring an end, «without delay», to its unlawful presence in the Occupied Palestinian Territory within 12 months. The 193-member General Assembly adopted the resolution, with 124 nations voting in favour, 14 against and 43 abstentions, including that by India. Those abstaining included Australia, Canada, Germany, Italy, Nepal, Ukraine and the United Kingdom.

Gautam Gambhir and star batter Virat Kohli is not their tremendous records, but their on-field aggression and sheer passion for the game, which make them formidable opponents. Both Gambhir and Kohli may come across as tough players who have won many matches for India and are true inspirations for budding cricketers due to their various qualities. However, when it comes to drawing their inner strength in times of need, both turn to God or the divine. In an unconventional chat session shared by the BCCI on its official website, both stars of the game shared their experiences in a freewheeling conversation and opened up about their faith in God, which they both share.

China accounts for nearly one-third of global exports of electronic devices, and Chinese-made devices have already been raising security concerns. Huawei, the Shenzhen-based Chinese telecom company, has for several years been at the centre of an intense technological rivalry between Beijing and Washington, with US officials warning its equipment could be used to spy on behalf of Chinese authorities, allegations that China has denied.

Subscribe to enjoy similar stories. Lithium may be called “white gold," but investing in the metal has hardly been a golden ticket lately. Lithium, which is used to make batteries for both gadgets and electric vehicles, has been on a roller-coaster ride in recent years.

Brominated vegetable oil, a food additive used in citrus-flavoured soft drinks, has now been banned in Canada, but consumers could still see it popping up on ingredient labels for one more year.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years

Instagram announced tighter privacy settings for younger users on Tuesday. These restrictions include the requirement for ‘Teen Accounts’ and parental controls that limit what children can view. All Instagram accounts belonging to users under the age of 18 in the United States, United Kingdom, Canada, and Australia will become ‘Teen Accounts’ within 60 days and be set to private by default. Besides other new privacy settings and limitations, the new account type, called Teen Accounts, will only allow messages from users they follow or are already connected to. It will also put users in sleep mode between 10 p.m. and 7 a.m. to encourage sleep, and it will give users access to the most restrictive tier of the app's settings for viewing sensitive content. Also Read: Heartstopper Season 3: Check out trailer, cast, release date and where to watch

Instagram is introducing separate teen accounts for those under 18 as it tries to make the platform safer for children amid growing backlash against how social media affects young people’s lives

Shares are mostly higher in Europe and Asia as world markets await an expected interest rate cut by the Federal Reserve

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

The Twelve has been renewed for a third season. The courtroom drama series will feature actor Sam Neill. The production is underway. The series will be available on the streaming platform Binge, which is operated by Foxtel.

However, Australia’s recent “right to disconnect” policy now offers a concrete legal cover to employees: after work hours, they can refuse any demand related to work from their boss. While the benefits and challenges of this policy are still being speculated, it is a great step to increase employee retention. Given the rising cases of work-related burnouts in India, it’s important to understand the potential benefits and challenges associated with this policy in the Indian context. Benefits for organisations

Meta has admitted that its artificial intelligence models have been fed with all of the text and images that adult Facebook and Instagram users have shared publicly since 2007. According to Australia's ABC News, Melinda Claybaugh, global privacy director at Meta, first denied allegations made during a local government investigation regarding the adoption of AI that user data from 2007 was being used for AI training. However, she eventually gave in to further interrogation. Senator David Shoebridge of the Green Party pressed for an investigation and said that the truth is that Meta has simply decided that you will scrape all of the photos and all of the texts from every public post on Instagram or Facebook since 2007 unless there was a conscious decision to set them on private. Also Read: Inter Miami vs Philadelphia Union live streaming, Prediction, kick off time, how to watch: Will Lionel Messi play tonight?

Subscribe to enjoy similar stories. The pull-up is the ultimate closed-chain exercise in the gym for the upper body. One might master pushups and feel like they’ve hit a plateau, but the pull-up will remain as challenging as ever.

China is raising its retirement age for workers, which is now among the youngest in the world’s major economies