Australia Financial News

Ottawa’s policy of preventing Chinese companies from investing in Canadian-listed firms may be put to the test after Vancouver-based Osino Resources Corp. agreed to be bought by Yintai Gold Co. Ltd. for $368 million.

Hockey India CEO Elena Norman on Tuesday said the work environment in HI was «suffocating» and she had no choice but to call it quits. After holding the position for 13 years, Norman resigned and even though HI did not reveal the specific reasons for her decision in its official statement, the Australian spoke out on what pushed her to exit. «Absolutely, it was getting tough to deliver in the fight between two factions. The environment was becoming suffocating,» Norman told PTI in an interview. «There are two factions in Hockey India. There is (President) Dilip Tirkey and I and there is (Secretary) Bholanath Singh, (Executive Director) Cdr. R K Srivastava and (Treasurer) Sekar J Manoharan,» she said.

Investing.com-- Most Asian currencies rose slightly on Tuesday, taking some relief from mild declines in the dollar before a key inflation reading which is set to offer more cues on U.S. interest rates this week. 

Investing.com-- Most Asian stocks retreated on Tuesday as caution persisted before a string of key economic readings this week, with Japan’s Nikkei 225 falling from record highs after a slightly stronger-than-expected inflation print. 

By Lewis Jackson and Sameer Manekar

Federal Reserve may begin cutting interest rates. The yen firmed slightly after figures showed consumer inflation stayed at the Bank of Japan's 2% target, rather than dipping below it for the first time in nearly two years, as economists had forecast.

By Echha Jain

Dora the Explorer, is swinging back into action in a new CG animated series on Paramount+. The trailer for the upcoming show, featuring Dora's iconic adventures with her friends, has been released, stirring excitement among fans worldwide.

(Updated — February 26, 2024 11:04 AM EST)

An Australian man has vanished after allegedly pocketing about half a million dollars when cryptocurrency trading platform Rhino Trading Pty Ltd accidentally added an extra zero to his account, according to an ABC report.

Investing.com-- Most Asian stocks retreated on Monday as persistent concerns over higher-for-longer interest rates sparked some profit-taking in technology stocks, while Japanese markets scaled new record peaks ahead of key inflation data.

Asian shares are mostly lower, although the Tokyo stock markets touched another record high in morning trading

PM Modi to lay foundation for upgrading Gurgaon railway station: Rao Inderjit Singh, Union minister of State and Gurgaon MP, announced that Prime Minister Narendra Modi will lay the foundation for upgrading the Gurgaon railway station on February 26. In the first phase, the project worth has been estimated at ₹295 crore, according to a report by Indian Express. News9 Global Summit-PM Modi to deliver keynote address. Tony Abbott, S Jaishankar, Smriti Irani, Ashwini Vaishnaw and Anurag Thakur to attend: Prime Minister Narendra Modi will deliver the keynote address at the News9 Global Summit on February 26, the TV network said.

Employee quits as boss cancels leave for brother's wedding in Bali; Netizens say, 'Quick fix - Boss has to….' A user wrote, "Now take a good rest, my friend." "My only thing with quitting like that is that the people who pushed you to do it really don't care and/or are happy afterward. In my ideal situation, they are screwed with my departure," another user wrote. Last week a report emerged in which an employee in Australia by the name of Noel chose to quit rather than miss their brother's wedding when his boss cancelled his leave for his brother's wedding in Bali.

There are so many crises raging around the world that you can ask why I have chosen to bring the one in Papua New Guinea (PNG) to your attention this fortnight. So let me tell you the reason upfront: It is an example of why hyper-diverse societies can end up in deep trouble unless they develop the necessary social capital needed to govern themselves. The post-colonial state was carved out of an arbitrary chunk of the Melanesian archipelago (the region comprising the easternmost stretches of Indonesia and islands northeast of Australia).

Investing.com-- Oil prices fell in Asian trade on Monday, extending steep losses from the prior session as markets remained uncertain over demand, especially in the face of higher-for-longer U.S. interest rates.

Investing.com-- Alcoa Corp (NYSE:AA) said on late-Sunday it made a $2.2 billion, all stock offer to take over Australian aluminum producer Alumina Ltd (ASX:AWC) and potentially create one of the world’s largest bauxite and alumina producers.

Gujarat Giants vs Mumbai Indians Women Live updates: The second season of Women's Premier League (WPL) 2024 has commenced, and Gujarat Giants, is all set to open its campaign against defending champion Mumbai Indians on Sunday.Captained by the Australian run machine Beth Mooney, the Gujarat Giants team is keen to make a splash this year. The team in orange kickstarted their training with great gusto in the Garden City of Bengaluru, and are putting in the hard yards as they approach their first game.

extreme temperatures driven by climate change will increase risk of preterm birth by 60 per cent, causing several lifelong complications for millions of children around the world, a new research has found. Analysing results from 163 health studies globally, researchers said they have determined that climate change will be directly responsible for multiple detrimental health impacts in children, including higher occurrences of respiratory illnesses and more hospitalisations. The researchers, led by those at The University of Western Australia, warned that lack of global action on climate change will likely devastate children's health for generations. They said their study, published in the journal Science of the Total Environment, was the first to collect all the available scientific evidence for the effects of climate change on children's health.

By Phil Stewart and Idrees Ali

Indonesia and Australia have held high-level talks in Jakarta as the neighboring countries seek to strengthen security ties by signing a defense cooperation agreement in the coming months