World News by Wild Rose

ASX Ltd. Chief Executive Officer Anthony Attia is rebuilding the Australian bourse’s leadership ranks by naming departing Dexus executive Keir Barnes as its next finance head and expanding a role for clearing and settlement operations.

Insurance Australia Group Ltd. said a settlement of proceedings brought by Credit Suisse entities over Greensill trade credit insurance policies hasn’t been finalized.

Support for Australia’s center-left government fell to a new low as approval for Prime Minister Anthony Albanese weakened, according to a new poll.

Australia’s residential real estate market remained subdued with auction clearance rates falling this week as concerns the central bank will increase interest rates later this month grow, according to property researcher Cotality.

PM Anthony Albanese asks Apple CEO Tim Cook to back Canberra's online safety laws to 'keep Australians safe'.

Police boats and helicopters are patrolling Perth's beaches as authorities continue their search for the swimmer's body, and the shark that attacked him.

Briton Johnny Gibbs has been in Australia for six months, surfing and working part-time – like countless other young people drawn to the country’s pristine beaches and laid-back way of life. He is one of thousands that venture Down Under on so-called “working holiday visas” – a chance to work, and play, in Australia for as long as three years. But the future for some backpackers is now in doubt, following the government’s announcement of plans to cut the number of visas issued – and detain...

Another Sydney Sweeney ad goes viral – this time promoting a sports betting application almost naked. The campaign sparked fury among female athletes who said it undermines decades of progress in women's sports. Yet is the outrage itself part of the overall marketing strategy and ‘feminist-baiting’ merely a tool to get clicks?

More than 77,000 visa overstayers face detention or departure as Australia cracks down on immigration violations.

Iron ore was headed for a weekly gain after recovering from a sharp decline earlier in the week, even as weak steel demand and shrinking mill margins weighed on the outlook.

Australia’s major airlines have backed a proposal to close Sydney Airport’s control tower overnight to free up air traffic controllers, the latest step to address a persistent labour shortage that is disrupting flights and raising safety concerns. “It sounds like an opportunity we should absolutely explore,” said Stephen Beckett, chief executive officer of Airlines for Australia & New Zealand, the group that represents Qantas Airways, its low-cost carrier Jetstar, and Virgin Australia Holdings....

Australian businesses are starting to “bubble up” a view that elevated inflation is not coming back down below 3%, Reserve Bank of Australia Governor Michele Bullock told a parliamentary panel on Friday.

Australia’s central bank board needs to decide later this month whether its benchmark interest rate is at a level sufficient to restrain price pressures and return inflation to target, Governor Michele Bullock said.

Investment portals in Australia are removing or closely monitoring access to private credit funds that own stakes in collapsed Sydney property developer Bathla Group, amid heightened regulatory scrutiny on unlisted markets.

Queensland's Fitzroy River has been selected for the 2032 Games, despite concerns over the course - and its inhabitants.

African countries face some of the world’s highest borrowing costs, with ratings driving up interest and cutting off access to international capital. Now the African Union is fighting back with its own credit rating agency

A river that is home to about 500 saltwater crocodiles is given the OK to host Olympic and Paralympic rowing and canoeing events at the 2032 Brisbane Games.

Centuria Bass Credit, a major Bathla Group backer, is exploring options to sell some debt tied to the insolvent Sydney builder, the latest sign that some creditors could be looking to trim their exposure.

The government wants to reduce net overseas migration from over 300,000 to 225,000 people by 2028.

Elham Credit Partners has hired former BlackRock Inc. executive Stephen Allan to seek private credit opportunities in Australia, according to people familiar with the matter.

Morgan Stanley researchers have suggested greater disclosures to assess credit risk tied to property developers, following the collapse of Sydney’s Bathla Group.

Australia is set to introduce sweeping changes to its immigration policy by barring international students from bringing dependants, in a bid to ease housing pressures and fend off a growing political challenge from the far-right. Home Affairs Minister Tony Burke will announce the measures at the National Press Club in Canberra on Thursday, outlining plans to trim net overseas migration from 300,000 to 225,000 by 2028. The issuance of temporary residence permits would also be reduced to curb...

Police were called after the man's wife became concerned and asked neighbours to check on her family.

Australian miner GM3 is gauging investor sentiment for a possible bond issue to refinance a $600 million private credit loan, adding to a list of borrowers turning to public debt markets to try to lower funding costs.

Liquefied natural gas prices — which have surged since the start of the US-Iran war — are unlikely to drop in the short term, according to Chevron Corp.’s Australia president.

A pro-Palestine protest in Sydney demanded that the Australian government take further action and implement on Israel.

Australia, which became the first country to ban social media for minors, is planning to crack down on Big Tech further. The government introduced new legislation to force social media firms to allow users to opt out of algorithms. The proposed laws also aim to strengthen online child protection. Opposition lawmakers say such measures would amount to government censorship.  

Australia’s prudential regulator has asked banks and pensions about their exposure to private credit funding, the latest sign that authorities want more information to identify risks in the country’s debt market in the wake of collapsed property developer Bathla Group.

Any sign of domestic violence must never be dismissed, with families, friends and neighbours urged to step in and help without judging victims, Malaysia’s Deputy Women, Family and Community Development Minister Lim Hui Ying said on Thursday. Lim said support should be given carefully, prioritising the victim’s safety, as this could be crucial in helping someone seek protection. She said domestic violence was not a private matter that should be hidden or endured alone. “It is a serious form of...

Australian bonds slid, tracking an overnight slump in Treasuries after escalating Middle East tensions drove up oil prices.