Australia
Australia’s regulator says ASX favoured shareholder returns over system resilience
AUSTRALIAN Securities Exchange has an ‘insular and defensive’ culture that prioritised delivering higher shareholder returns over ensuring critical market infrastructure was in place, according to a n...
Australian PM Albanese asks nation to use less fuel to conserve supplies
Voluntary restraint ‘builds our reserves, and it saves fuel for people who have no choice but to drive’, he adds
Australia spending holds up as war drives oil spike, CBA says
The figures show Australia’s economy was on a strong footing before the central bank began raising interest rates
Australia manufacturing slips to contraction on war disruptions
Output fell for a second straight month
Australia to profit from war pushing up prices, Westpac says
Higher coal and gas export prices will boost revenues
Australia investigates tech giants over social media ban compliance
Tech companies can face a fine of up to A$49.5 million (S$43.9 million)
Malaysia’s role in non-China rare earth chain grows, but gaps remain
Lynas Rare Earths is now producing samarium at its plant in Pahang
Australia to halve tax on fuel, underwrite spot cargoes
The measures are expected to cost the government A$2.55 billion
Australia resumes some operations at cyclone-hit key port
Output at three LNG plants has been curtailed, tightening supplies for mainly Asian buyers at a fragile moment for the global gas market
Australian, NZ dollars hit two-month trough as global outlook darkens
[SYDNEY] The Australian and New Zealand dollars were pinned near two-month lows on Friday as fears of a lengthy energy shock from the Middle East conflict darkened the outlook for global growth and th...