Australia Financial News

Asian shares are trading mostly lower, despite a record high on Wall Street, as investors awaited a closely watched earnings report from Nvidia

A shipbuilder for the U.S. Navy has agreed to admit wrongdoing and pay $24 million to settle an accounting fraud investigation

MH370 flight mystery has been surrounded by a number of claims and conspiracy theories. However, in spite of the searches, the missing plane couldn't be tracked. Now, an Australian researcher has claimed to detect what he called «perfect hiding place» for Malaysia Airlines MH370 flight. An adjunct researcher at the University of Tasmania Vincent Lyne has claimed that MH370 flight disappeared in the south-eastern Indian Ocean's 20,000ft-deep oceanic plateau «hole» — Broken Ridge. Malaysia Airlines plane MH370 flight with 239 on board went off the radar as the Boeing 777 aircraft flew over Vietnam's airspace during the scheduled journey to Beijing from Kuala Lumpur.

Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

Pakistan Cricket Board has named 22-year-old Fatima Sana as their captain, replacing Nida Dar for the upcoming ICC Women's T20 World Cup in UAE from October 3-20. The 37-year-old Nida is going through a lean patch and the team under her suffered T20I and ODI series defeats in England before making a semi-final exit in the Women's Asia Cup last month. The selectors however have retained Nida in the squad that has at least 10 players who appeared in the last edition of the global showpiece.

tech giants dragged down Wall Street, as focus shifted from the Federal Reserve’s policy outlook to Nvidia Corp.’s earnings later this week. Japanese and South Korean stocks turned slightly higher after earlier losses, with mild gains in Australia. Hong Kong futures pointed to a weak opening, while contracts for US peers were steady after some of the world’s largest tech names pushed US stocks lower.

rate cuts are most likely to start from its September meeting. «Indian markets are expected to follow gains seen in the US stock market, as the likelihood of a „soft landing“ for the global economy increases amid signs of economic softening. A potential rate cut by the Fed would likely boost market sentiment and drive up stock prices,» said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.

KL Rahul, the Indian wicketkeeper-batter, has spoken about the intense impact the «Koffee with Karan» controversy had on him. «The interview was a different world. That changed me. Completely changed me,» Rahul stated in a podcast with Nikhil Kamath, which featured Bollywood stars Kriti Sanon and Badshah. The incident, which occurred five years ago, left him 'massively scarred' and resulted in significant changes to his personality. Following controversial remarks about women made alongside fellow cricketer Hardik Pandya on Karan Johar's talk show, both players faced severe backlash, resulting in their suspension prior to an ODI series against Australia. «I was a very shy, soft-spoken boy growing up. Then I played for India and became very confident, I had no problem being in a huge group of people. People will know I have been in a room of 100 people because I would talk to everyone.

On 14 August officials at the World Health Organisation classified the outbreak of Mpox as a global health emergency. A new strain of the disease has spread beyond the Democratic Republic of Congo for the first time, to at least 12 other African countries. MPOX IS A viral infection typically found in parts of Africa and spread through contact with infected animals as well as within households. It causes severe fever, flu-like symptoms and a rash of pus-filled blisters across the body.

Shikhar Dhawan announced his retirement from all forms of cricket two years after he last donned the national jersey, saying that he leaves the scene a content man after representing the country in all three formats. The 38-year-old made his international debut in 2010 in an ODI against Australia in Visakhapatnam and his last India game was also a 50-over match, against Bangladesh in 2022. «As I close this chapter of my cricketing journey, I carry with me countless memories and gratitude. Thank you for the love and support! Jai Hind!,» Dhawan said in a post on 'X'.

from all the lands on earth we come". In its most evolved stage, you could call it MasterChef Australia cuisine. That kind of food was not very cheap, and I did not come across very much of it during my two-week sojourn.

Overcooked 2, a 2018 title by small British developers Team17 and Ghost Town Games. Despite having won ‘The Game Award’ and nominated for BAFTAs, this title remained little-known among gamers for the longest time. It has now emerged as a gem of a family game that lets multiple players, including those with no interest in cooking, enjoy time together.

Netflix's "One Piece" live action season 2 cast is set to have a prominent actress from "Bridgerton Season 2". Charithra Chandran, who plays the role of Edwinda Sharma in 'Bridgerton' Season 2, will portray the role of Nefertari Vivi with a codename Miss Wednesday in «One Piece» live action. Meanwhile, the Regency-era drama 'Bridgerton' is adding a fresh twist to its romantic narrative by casting Korean-Australian actress Yerin Ha for its highly anticipated fourth season. The 29-year-old actress will step into role of Sophie Beckett the love interest of Benedict Bridgerton, portrayed by Luke Thompson, according to E! News.

Frasier Crane, returning to Seattle’s KACL radio station, reuniting with familiar faces from the original series.

index provider FTSE on Friday announced changes to its All-World Index where 13 Indian stocks were included. The index saw the most number of additions from India followed by six stocks from Taiwan, two from Korea and Hong Kong and one from Australia. The inclusions were Bank of Maharashtra, Bharat Dynamics, Central Bank of India, Cochin Shipyard, Endurance Technologies, Escorts Kubota, GE T&D India, Hitachi Energy India, Housing And Urban Development (HUDCO), IRB Infrastructure Developers, KEI Industries, Lloyds Metals and Energy and Motilal Oswal Financial Services.

Beverages major Coca-Cola on Friday said Greishma Singh has been appointed as the new market head for India Southwest Asia (INSWA) Operating Unit. Singh will succeed Arnab Roy, who was recently named the Global Category President, Coca-Cola Trademark. Her appointment will be effective September 1, 2024, according to a company statement. Before this, Singh was Vice-President of Customer and Commercial Leadership (C&CL) for the INSWA Operating Unit. She has been with The Coca-Cola Company for over 15 years and held roles of across marketing, strategy and C&CL in Australia and India markets, it added.

Jay Shah, the current secretary of the Board of Control for Cricket in India (BCCI), has emerged as the leading candidate to succeed Greg Barclay as the International Cricket Council (ICC) chair. The BCCI is confident that Shah will be elected unopposed, given the widespread support he has received from various cricket boards, which have expressed their desire for him to lead the global cricket body, a top source from the board has confirmed. To secure his nomination, the ICC requires a proposer and a seconder. Reports indicate that England and Australia are likely to back Shah's candidacy, further solidifying his bid for the top position.

Australia's Federal Court ruled on Friday that the operator of the Kraken crypto exchange failed to comply with the design and distribution obligations for its margin trading product, Australia's corporate regulator said. Bit Trade Pty is the operator of the Kraken crypto exchange, one of world's largest cryptocurrency exchanges, in Australia. In September 2023, the Australian Securities and Investments Commission (ASIC) initiated civil proceedings against Bit Trade alleging that Bit Trade, a subsidiary of U.S. Payward Incorporated, failed to make a target market determination for the product before offering it to customers, despite being notified of concerns.

Asian markets opened lower, as investors prepare for comments from Jerome Powell later Friday. Equities in Australia and South Korea fell alongside Hong Kong share futures, echoing Thursday’s selloff in US stocks where both the S&P 500 and tech-heavy Nasdaq 100 indexes retreated.

Say Nothing. The nine-episode series will be available on Hulu in the U.S. and Disney+ in select international markets.