EEconomy Read More Nigeria’s oil giant remits $2.1billion as oil reforms boost revenue in 2026May 5, 2026 The payments mark one of the clearest signs yet that recent policy changes aimed at tightening transparency…
EEconomy Read More Australia April Services PMI (final) 50.7 (preliminary 50.3, prior 46.3)May 5, 2026 Australia’s services PMI rose to 50.7 in April from 46.3 in March, but new orders fell for a…
EEconomy Read More Federal budget speculation not always right, says Jim Chalmers after RBA rates decision; US sinks 7 Iranian ships around Strait of Hormuz, says Donald TrumpMay 5, 2026 Thank you for reading today’s Need to Know blog, covering the hearings of the antisemitism royal commission and…
EEconomy Read More ASX narrows loss, $A falls after RBA governor Michele Bullock says interest rates are a bit ‘restrictive’May 5, 2026 The local sharemarket finished lower on Tuesday after the Reserve Bank of Australia delivered its third interest rate…
EEconomy Read More Cost tsunami hits Thailand — energy shock ripples through key sectorsMay 5, 2026 Low-risk sectors Lower-risk industries include steel, glass, paper and automotive manufacturing, although they still face rising costs. Steel…
EEconomy Read More Unemployment set to stay at near-decade high, economists sayMay 5, 2026 Major bank economists expect the unemployment rate to stay unchanged at 5.4 percent or nudge slightly higher for…
EEconomy Read More Shenzhen’s retail sales flatline as export boom fails to benefit residentsMay 5, 2026 China’s top tech hub, Shenzhen, saw retail sales grow by just 0.5 per cent year on year in…
EEconomy Read More Statement by the Monetary Policy Board: Monetary Policy Decision | Media ReleasesMay 5, 2026 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.35 per cent.…
EEconomy Read More Supermarkets urged to absorb more price increases from Iran conflictMay 5, 2026 Questions are being raised about who pays to ensure Australians have enough food on the table during a…
EEconomy Read More B.C. premier can’t understand ‘why’ softwood lumber is not on tariff relief listMay 5, 2026 B.C. Premier David Eby says he is frustrated that help for the province’s softwood lumber industry was not…
EEconomy Read More Venezuela’s inflation rate eases to 10.6% in April, cenbank saysMay 5, 2026 May 4 (Reuters) – Venezuela’s inflation rate eased to 10.6% in April from 13.1% in March, the country’s…
EEconomy Read More RBA interest rate decision: Economists tip hike to 4.35 per centMay 5, 2026 Australians are on edge ahead of the Reserve Bank’s interest rate decision on Tuesday afternoon, with many experts…