No 1970s but oil shock still hits consumers, businesses
A sign saying “Sorry, No Petrol” on the forecourt of a BP service station during a fuel shortage…
ASX rises on ceasefire optimism; CBA, banks climb; DigiCo jumps; JB Hi-Fi falls
The Australian sharemarket rebounded on Wednesday, bolstered by signs that the US is looking for an off-ramp from…
Reserve Bank needs sharp tools not a blunt rates axe
Save You have reached your maximum number of saved items. Remove items from your saved list to add…
Spain services sector falls into contraction territory as Middle East uncertainty weighs
Services PMI 47.9 vs 52.0 expectedPrior 53.3 Ouch. That’s a rough hit as Spain’s services sector sees a…
RBNZ says financial system resilient but Middle East conflict to slow recovery
New Zealand’s central bank says its financial system is resilient and banks can withstand significant shocks, but warns…
Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales | Business and Economy News
Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz. Published On…
Private payrolls rose by 109,000 in April, topping expectations, ADP says
Private sector job creation was stronger than expected in April, providing more evidence of a stable labor market…
Middle East conflict: Three opportunities for India to secure supply chains in energy, fertilizers & defence – explained
According to Morgan Stanley, energy, fertilizers, and defence will be the top focus areas that the government would…
Eurozone economy wrestles with stagflation amid Middle East conflict, PMI data shows
Services PMI 47.6 vs 47.4 prelimPrior 50.2Composite PMI 48.8 vs 48.6 prelimPrior 50.7 Trouble, trouble. The services PMI…
WA budget: $8bn surplus expected amid housing crisis
Western Australians will be looking for cost-of-living relief and measures to ease the state’s housing crisis in this…
Market scenarios could get ‘ugly’ if the Strait of Hormuz doesn’t open soon, says Michael Every
Footer Your home of Australian stories, conversations and events that shape our nation. Contact ABC News This service…
Financial Stability Board sounds alarm on private credit stress
A screen is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New…