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Yahoo Finance AUJetstar announces 'Seoul Sale' from $329
Jetstar has just dropped a massive deal to Seoul in South Korea. Here’s what’s on offer.
Yahoo Finance AUJustice for Centrelink recipients charged $780 for a $200 speaker
A company targeting the most vulnerable Aussies by charging them obscene prices for household goods has been ordered to pay a major fine by the Federal Court.
Yahoo Finance AUAussie’s property dreams shattered by HECS rise: ‘Quite shocking’
James had saved up $20,000 for a deposit to buy his first home, but now those dreams have been pushed back by years thanks to the recent HECS rise.
Yahoo Finance AUAussies to get a pay rise, but it won’t be what you want
Aussie bosses have indicated they’re looking to give out pay rises this year, but they won’t be as large as workers are expecting. This is what you should expect.
Yahoo Finance AUTax time: Aussies forgetting to claim these common work items
With tax time just around the corner, don’t forget to claim these common work expenses.
NCA NewsWireLoan hike to ‘cripple’ millions of Aussies
Millions of Australians will be slugged with a 7.1 per cent increase on their student loans as of today amid calls for intervention.
Yahoo Finance AUSlash your tax bill with this super move
Here's one superannuation move that can cut a chunk off your tax bill for this financial year.
Yahoo Finance AUSydney property now $48,390 more expensive
Australian property prices have risen for the third month in a row. Here are the areas leading the market resurgence
Yahoo Finance AU‘Every chance’ RBA will hike interest rates again
The Reserve Bank of Australia may hike interest rates again this month. Here’s what it’ll cost you.
Yahoo Finance AURBA boss slammed for being out of touch
RBA boss Philip Lowe is under fire for his suggestion that Australians get a flatmate or move home with their parents to help fix the nation's rental crisis.
BloombergPrelude to Fed Features Two Global Rate Cliffhangers: Eco Week
(Bloomberg) -- With the Federal Reserve approaching a possible pause in interest rate-hiking, two close-call decisions elsewhere in the world offer a foretaste of the quandary US officials have in store.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEverything Apple Plans to Show at WWDC: XR Headset, iOS 17 and MoreTaylor Swift
- Reuters
Southeast Asian defence pact helps 'balance' region, members say
Top officials from Malaysia, Singapore, Australia, New Zealand and Britain said on Saturday that their 52-year-old Five Power Defence Arrangements (FPDA) pact helped keep things in balance amid regional tensions. "The longstanding FPDA... always been an important part of ensuring signalling collective defence in this region," New Zealand defence minister Andrew Little said at a media briefing on the sidelines of the Shangri-La Dialogue in Singapore.
BloombergA Global Stock Trader’s Guide to More Extreme Weather Events
(Bloomberg) -- From Australian mining behemoths to Florida theme parks, investors are betting on whether companies will benefit or take a hit as extreme weather becomes the norm around the world due to climate change. Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersQatar Airways Plans for Future Without First Class on Long-HaulRich Latin Americans Transform Laid-Back Madrid Into a New MiamiEverything Apple Plans to Show at WWDC: XR Headset, iOS 17 and M
Australian Associated PressWall Street ends up on jobs data, debt default averted
US stocks have closed higher as the country's potential debt default was averted after politicians struck a deal.
- Reuters
FOREX-Dollar jumps after surprise boost in May payrolls
Despite strong hiring, the unemployment rate rose to 3.7% from a 53-year low of 3.4% in April. The dollar index, which measures the U.S. currency against six others, was last up 0.435% at 103.980, on track for its largest daily percentage gain since mid-May. On the week, however, the dollar slipped 0.2%, its biggest weekly decline since early May. The dollar index slid 0.62% on Thursday, its worst day in almost a month, after Fed officials signaled the central bank will forgo an interest rate hike this month. "The Fed has painted themselves into a corner with these most recent statements about the need to take a pause, and then maybe look to hike in July, and I think they're going to regret it after today's non-farm payroll number," said Paresh Upadhyaya, director of fixed income and currency strategy at Amundi US.
ReutersExchange operator Cboe launches global listing offering
Exchange operator Cboe Global Markets said on Friday it will let companies list across its U.S. and international exchanges, expanding in a fiercely competitive field dominated in the United States by the New York Stock Exchange and Nasdaq Inc. Cboe, which has stock exchanges in North America, Europe, and the Asia-Pacific region, currently lists only its own stock, along with exchange-traded funds, on its U.S. exchange.
ReutersCitigroup CEO says Mexico IPO is best for shareholders, other sales going well
Citigroup Inc CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. "We acted decisively, we acted very swiftly and we said 'okay, we're gonna go down the IPO path,'" Fraser said in an investor conference in New York. Citi announced last week the sale process, which had dragged on for more than a year, had been scrapped.
- Reuters
UPDATE 2-Citigroup CEO says Mexico IPO is best for shareholders, other sales going well
Citigroup Inc CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. "We acted decisively, we acted very swiftly and we said 'okay, we're gonna go down the IPO path,'" Fraser said in an investor conference in New York. Citi announced last week the sale process, which had dragged on for more than a year, had been scrapped.
- Reuters
FOREX-Dollar edges higher after larger-than-expected rise in May payrolls
Economists polled by Reuters expected non-farm payrolls to have increased by 190,000 in May, from April's 253,000 rise. Despite strong hiring, the unemployment rate rose to 3.7% from a 53-year low of 3.4% in April. The dollar index, which measures the U.S. currency against six others, was last up 0.193% at 103.720.
- Reuters
UPDATE 1-NATO official calls for transparency over nuclear weapons
A senior NATO official on Friday urged Beijing to be more open about its accelerating nuclear weapons build-up, saying that as a global power, China had a responsibility to improve transparency. Angus Lapsley, the North Atlantic Treaty Organisation's (NATO) Assistant Secretary General for Defence Policy and Planning, told the Shangri-La regional security conference in Singapore that NATO was willing to talk to China on the issue.
BloombergAll Eyes on US, China as Shangri-La Defense Forum Starts
(Bloomberg) -- Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and the South China Sea at the top of the agenda.Most Read from BloombergAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dangle $120 Million PayoutsInside the Making of Redfall, Xbox’s Latest Mi
- Reuters
NATO official calls for transparency over nuclear weapons
A senior NATO official on Friday urged Beijing to be more open about its accelerating nuclear weapons build-up, saying that as a global power, China had a responsibility to improve transparency. Angus Lapsley, the North Atlantic Treaty Organisation's (NATO) Assistant Secretary General for Defence Policy and Planning, told the Shangri-La regional security conference in Singapore that NATO was willing to talk to China on the issue.
BloombergCboe Is Now Listing Companies Alongside NYSE and Nasdaq
(Bloomberg) -- Cboe Global Markets Inc. will allow companies to list on its exchanges in the US and globally for the first time, entering a market dominated by the New York Stock Exchange and Nasdaq.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersInside the Making of Redfall, Xbox’s Latest MisfireRich Latin Americans Transform Laid-Back Madrid Into a New MiamiHedge Funds at War for Top Traders Dan
- Reuters
'Path is open' for Ukraine to join NATO -British defence minister
Britain supports adding Ukraine to NATO and "that path is open" to them, although political realities may slow the process, Defence Minister Ben Wallace said on Friday on the sidelines of the Shangri-La Dialogue security meetings in Singapore. He noted that it is not possible to add members in the middle of a war, and that the way forward was to continue aiding and arming Ukraine for both short- and long-term security. "The best thing we can do to help Ukraine is now to help them defeat Russia," Wallace said in an interview.
- Reuters
FOREX-Fed 'skip' chatter triggers dollar's biggest weekly fall since January
The dollar headed for its largest weekly fall since mid-January on Friday as the view took hold among investors that the Federal Reserve will forgo an interest rate hike this month, which would diminish the greenback's appeal to non-U.S. buyers. The U.S. Senate's passage of a bill to suspend the debt ceiling and avert a disastrous default also removed a pillar of support for the dollar, which had paradoxically been a key beneficiary of the uncertainty because of its safe-haven status. "With the debt ceiling in the rear-view mirror, focus is very much back on central banks and economic data," City Index markets strategist Fiona Cincotta said.
