Australia , Victoria bushfire crisis

Victoria Faces Dual Threats of Bushfires and Floods as Emergency Services Grapple with Extreme Weather

Victoria is confronting a perilous mix of extreme weather, as ongoing strong winds threaten to complicate firefighting efforts while communities continue to recover from devastating floods. Nearly a dozen bushfires across the state have burned more than 410,000 hectares, destroying...
Anthony Albanese

PM Albanese Urges Bipartisan Support for Controversial Hate Speech Bill Amid Opposition From Coalition and Greens

Prime Minister Anthony Albanese is making a last-ditch effort to secure bipartisan backing for sweeping new hate speech laws, after failing to win support from either the Coalition or the Greens. The government’s proposed legislation, which comes in the wake...
Infosys

Infosys Shares Surge 4% After Raising Fiscal 2026 Revenue Guidance Amid Strong AI Adoption and Deepening Client Engagement

Shares of Indian IT giant Infosys Ltd. (NYSE: INFY) jumped as much as 4% on Friday, marking their best intraday gains in four months, after the company unexpectedly raised its revenue guidance for fiscal 2026. Analysts said the firm is...
High-Frequency Trading (HFT)

China Moves to Curb HFT Advantage, Ordering Servers Out of Exchange Data Centers to Level the Playing Field for Investors

China is taking decisive steps to curb the speed advantage enjoyed by high-frequency trading (HFT) firms, ordering servers used by these traders to be removed from data centers operated by local exchanges. The move, reportedly led by regulators, is set...
Reserve Bank of Australia (RBA)

Australia’s Treasurer Backs RBA Governor for Public Solidarity with U.S. Fed Chair Amid Trump Administration Probe

Australia’s Treasurer on Friday expressed support for the country’s central bank head after she publicly stood in solidarity with U.S. Federal Reserve Chair Jerome Powell, describing her decision as “entirely appropriate.” The statement comes amid heightened tensions in the United...
US Firms Report Regulatory Delays, Slower Customs, and Export Controls Still Affect Business in China

US Firms Report Regulatory Delays, Slower Customs, and Export Controls Still Affect Business in China

US companies are showing renewed confidence in China following the trade truce between President Donald Trump and Chinese leader Xi Jinping, according to a survey released by the American Chamber of Commerce in China (AmCham). The survey found that 48%...
Taiwan Semiconductor Production

Taiwan Pledges $500 Billion in Investments to U.S. to Strengthen Semiconductor Production and Forge Strategic AI Partnership

Taiwan is positioning itself to become a strategic partner with the United States in artificial intelligence (AI), following a landmark trade and investment agreement designed to bolster technology collaboration and semiconductor production, Taiwan Vice Premier Cheng Li-chiun said Friday. The...
China

China’s “National Team” Sees Record ETF Outflows as Authorities Seek to Cool Market Rally

Some of the exchange-traded funds (ETFs) most closely associated with China’s so-called “national team” experienced record outflows on Thursday, signaling a possible intervention by state-backed investors to temper a stock market rally fueled by AI enthusiasm and corporate earnings optimism....
Car Buyers

Auto Loan Terms Stretch to Record Highs as Consumers Trade Short-Term Affordability for Long-Term Debt

Rising vehicle prices, elevated interest rates and persistent affordability pressures are pushing more car buyers to stretch their auto loans to record lengths, locking many into debt well beyond what experts have traditionally recommended. Financial advisers have long warned against...
United States Securities and Exchange Commission

U.S. homebuilder Megatel to issue crypto payments token as SEC signals no enforcement action

Privately held Texas homebuilder Megatel Homes LLC said on Thursday it will begin issuing a crypto-based payments and rewards token, marking a rare move by a traditional real estate company into consumer-facing digital assets after receiving regulatory clearance from U.S....
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