Sat, 22 Feb 2025

Australian central bank cuts interest rates for first time since 2020

Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Hong Kong airline expands Australian connection

Hong Kong Airlines Launches Daily Direct Flights to Sydney

HONG KONG - Hong Kong Airlines has expanded its international network with the launch of a new daily direct service to Sydney, Australia,...

Reserve Bank of Australia cuts interest rates for first time in 4 years

Australian central bank lowers offical interest rates

SYDNEY, Australia - The Reserve Bank of Australia lowered official interest rates by 25 basis points to 4.10 percent on Tuesday, the...

With Whyalla steelworks forced into administration, Australia has crucial decisions to make on the future of its steel industry

With Whyalla steelworks forced into administration, Australia has crucial decisions to make on the future of its steel industry

Whyalla is a proud steel town. The steelworks physically dominates the townscape, and most jobs in the town are either directly at...

Golf Glance: Jake Knapp defends maiden PGA Tour title in Mexico

Golf Glance: Jake Knapp defends maiden PGA Tour title in Mexico

(Photo credit: Kyle Terada-Imagn Images) Field Level Media's Golf Glance provides weekly news and storylines from each of the major...

Joaquin Niemann wins LIV Adelaide for third league victory

Joaquin Niemann wins LIV Adelaide for third league victory

(Photo credit: Melissa Tamez-Imagn Images) Joaquin Niemann saved his best for last, scattering seven birdies to record a final-round...

Urgent: Australia cuts cash rate to 4.1 pct

SYDNEY, Feb. 18 (Xinhua) -- Australia's central bank Tuesday cut interest rates by 25 basis points, bringing its official cash rate...

Australian PM announces 1.5 billion USD support package for troubled steelworks

CANBERRA, Feb. 20 (Xinhua) -- Australia's Prime Minister (PM) and the Premier of South Australia (SA) have announced a 1.5 billion...

South Australian gov't forces troubled steelworks into administration

CANBERRA, Feb. 19 (Xinhua) -- One of Australia's largest steelworks has been forced into administration by the state government of...

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Business

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U.S. stocks tumble as Trump policies startle investors
U.S. stock markets sour, Dow Jones dives 749 points

NEW YORK, New York - Concerns over U.S. President Donald Trump's startling diversions from his country's long-held policies, and the...


Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...


Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...


Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...


U.S. stock markets in sharp retreat Thursday
Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...


China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...


Featured story

Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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