ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
Christine Lagarde, president of the European Central Bank (ECB), during a rates decision news conference in Frankfurt, Germany,…
Middle East war is hurting eurozone economy, warns ECB, after announcing first interest rate rise since 2023 – business live | Business
ECB raises eurozone interest rates by 25 basis points Newsflash: the European Central Bank has increased borrowing costs…
TAT forecasts 33 million foreign tourists as oil costs weigh on travel
Short-haul market push targets 21m visitors this year Pattaraanong Na Chiangmai, TAT Deputy Governor for International Marketing –…
Dairy debt falls by almost $5 billion
Photo: AFP / William West Dairy debt has fallen by almost $5 billion since its 2018 peak, with…
Bank of Japan rate hike a ‘done deal’ given inflation and weak yen
The Bank of Japan is expected to raise its key interest rate to a 30-year high on Tuesday,…
Subscribe to The Australian | Newspaper home delivery, website, iPad, iPhone & Android apps
The Australian Digital subscription costs $24 (min. cost) charged every 4 weeks for a duration of 52 weeks,…
Average Aussie home value passes $1.1 million
The Australian Bureau of Statistics (ABS) released data on the value of the nation’s dwelling stock, which hit…
What are the main events for today?
EUROPEAN SESSION In the European session, the main event is the ECB policy announcement. The central bank is…
S’pore households get $500 CDC vouchers from June 11
SINGAPORE – Some 1.38 million Singaporean households will each receive $500 in CDC vouchers on June 11 to…
Canada’s recession outshines Australia’s per capita economy
In the last 18 months, the Canadian economy has faced significant challenges as it has tried to adapt…
As de-dollarisation trends persist, can the yuan take the euro’s place?
In early April, hours after US President Donald Trump threatened to bomb Iran “back to the Stone Ages”…
$3.3 trillion wiped off Wall St as inflation surges, fears about Iran increase
More than $3.3 trillion has been wiped from America’s biggest companies in a devastating nine-day streak that worsened…