World News by Wild Rose

Australia’s securities regulator temporarily barred Fidante Partners Ltd. from offering units in a credit fund, extending a clampdown on private credit investments amid concerns over risks to investors.

The flight from Italy to Australia was cancelled after passengers on the plane's previous journey complained of bug bites.

A Melbourne man whose Islamic community centre has been linked by prosecutors in the United Arab Emirates to the co-pilot who allegedly attacked the captain of a Flydubai jet has hit out at “false accusations”. The Omani co-pilot, now in custody in the UAE, had drawn inspiration from al-Qaeda’s September 11, 2001 suicide attacks, and carried out his attempt “with the aim of causing the greatest possible loss of life”, according to the Emirati prosecutor’s findings published by state media last...

The United Arab Emirates' attorney-general also alleges the co-pilot was trying to crash the plane into Tel Aviv's airport.

Australia has no need to buy fuel from Russia and said that purchases from there would remain barred so that the country did not benefit from the invasion of Ukraine. “We don’t need or want Russian fuel in Australia,” Chris Bowen, Australia’s minister for climate change and energy, said on Saturday at a press conference in western Sydney. “We do not want Vladimir Putin to benefit from this war in the Middle East. What the United States does is a matter for them, but we won’t be changing our...

Australia has no need to buy fuel from Russia and said that purchases from there will remain barred so that the country doesn’t benefit from the invasion of Ukraine.

Australia's central bank raised its cash rate to 4.60% as inflation hit 4.0%, a move that supports the AUD but pressures housing and equities. The post Why Australia’s Rate Hike Matters for US Investors appeared first on The Rio Times.

Australia is set to unveil the final version of a controversial plan to force liquefied natural gas producers to reserve as much as a fifth of their output for local buyers.

The expected postponement of Nvidia Corp.-backed data center company Firmus Grid Ltd.’s Australian IPO is an ominous sign for other proposed listings, coming after a string of disappointing debuts for artificial intelligence infrastructure firms.

Australia may have vast tracts of land and political will to support the growth of the artificial intelligence industry, but the development of data centres to power the technology is proving more challenging. Last month, property developer Goodman Group withdrew its application for a 90-megawatt data centre in Lane Cove, on Sydney’s lower north shore, after months of opposition from residents about the potential impact on their electricity and water supplies, noise pollution and other...

The Catholic Church in Australia has been marred by abuse allegations in recent years.

BHP Group will sell its Kambalda nickel concentrator plant and associated land in Western Australia to Gold Fields Ltd. for an undisclosed price.

Protests have been gripping France with students demanding better learning conditions and more equal opportunities. The education ministry is among the few that have been granted an increase in next year's draft budgets, but critics say it still doesn't catch up with inflation.  We take a closer look.  Plus, OpenAI has apologised to Australia over its handling of government website hacks by a rogue AI agent in June. 

Japan ⁠and Australia ⁠have agreed to establish an ⁠annual finance ministers’ dialogue aimed at deepening cooperation in financial and economic policy, as well as strengthening bilateral collaboration on economic security. Under ‌a memorandum of understanding signed on Monday that is effective for five years, the two countries’ finance ministers will meet regularly to promote cooperation across a broad range of economic themes. “Recognising ⁠that Japan and Australia’s economic and security...

The FlyDubai pilot accused of attempting a murder-suicide mission on an Israel-bound flight didn’t complete his university studies in Australia.

Australian police and intelligence join the list of those probing the incident.

New South Wales police say the driver, an 18-year-old rugby league fan, has been arrested.

Australia’s benchmark bond yield looks poised to fall below its US counterpart for the first time in over a year, as expectations for monetary policy in the two economies diverge.

The rivals have been grouped together again, along with holders Australia, as ICC announces schedule for the tournament.

The sudden influx of Bogong moths has caused a stir in cities like Sydney and Canberra, with people filming them infiltrating their homes and cars.

Ross Surace is preparing to raise the price of a coffee by 50 Australian cents and a panini by A$1 (US$0.70) when the country bans credit card surcharge fees starting on Thursday. The co-owner of Lennox Street Deli in Melbourne’s Moonee Ponds neighbourhood said bank-imposed card fees already cost his business more than A$1,000 (US$690) a week, even after the cafe recoups some of the expense by adding a 1.9 per cent surcharge to customers’ card payments. Once that option disappears, Surace...

Australia’s central bank has downplayed concerns about the recent collapse of a large property developer, arguing that the company and its lenders in the private credit sector do not represent a system-wide financial stability risk.

Australia’s Lynas Rare Earths Ltd. will acquire Meteoric Resources Ltd. in an all-share deal worth about A$968 million ($672 million), giving it access to a new deposit of the critical minerals in Brazil.

For the past three decades, Australia’s property market has experienced a prolonged boom, with prices rising sharply despite periodic downturns. In the past seven years alone, national house prices have risen by roughly 70%, resulting in one of the most expensive property markets in the developed world.

Australia’s housing market slump is deepening, with national prices in September retreating to levels last recorded a year ago due to weak demand from buyers.

Vietnam says the men entered the country illegally and accused them of planning terrorist activities.

Australia is increasingly concerned about China's military might - but Beijing is also its biggest trade partner.

Call to face Senate inquiry follows security breach of Australia's Medicare portal by rogue OpenAI bot in June.

At least 10 senior bankers at ANZ Group are leaving the firm by October, according to people familiar with the matter and an internal memo seen by Bloomberg News, as the Australian lender overhauls the business under its new boss.

News that an automated AI agent hacked a government IT system raises big questions about regulating the tech.