Less demand, more production, and inventory drawdowns prevented a larger price spike. A quick supply recovery is essential to avoid further damage to the global economy. (IMF Blog: Jean-Marc Natal and Azim Sadikov) The largest […]
Asian financial markets ended the week under heavy pressure as a global sell-off in technology shares, concerns over the sustainability of artificial intelligence-driven valuations, rising geopolitical tensions in the Middle East and mixed Chinese economic […]
As midsummer arrives in the Northern Hemisphere, Hainan, China, welcomes its annual island-wide carnival. The 2026 (27th) Hainan Island Carnival will be held from July 18 to August 18, extending a vibrant summer invitation to […]
Last week Telstra suffered one of its largest-ever outages after a fault in network time-synchronisation systems caused widespread service failures. Millions of customers lost mobile connectivity, rail services in New South Wales and Victoria were […]
Australian consumers have become a little more optimistic, but confidence remains among the weakest recorded in decades, highlighting the ongoing financial pressures facing households despite easing concerns over fuel prices and interest rates. The latest […]
Australia’s motorcycle market has recorded a strong first half of 2026, with sales up 8.2 per cent compared with the same period last year. A total of 46,023 motorcycles were sold from January to June […]
Australia’s sharemarket finished the week on a firmer note but still ended lower overall as investors navigated geopolitical tensions, shifting interest rate expectations and mixed commodity prices. The benchmark S&P/ASX 200 rose 43.5 points, or […]
World’s billionaire population surpasses 4,000 for first time—with China’s 1,100 distinguishing themselves as nine out of every ten Chinese billionaires started from scratch The world’s billionaire class has reached a new milestone, with the number […]
The total of assets under management in Hong Kong has hit record high as global capital flows accelerate Hong Kong has reinforced its position as one of the world’s leading asset and wealth management centres, […]
Hong Kong’s retail sector has continued its recovery in 2026, with the latest official figures showing solid gains across both traditional stores and online shopping as improving consumer confidence and a steady return of visitors […]
Share markets have come under more pressure in the past week. From their all time highs to their lows in the last few days US shares have fallen 24%, global shares have fallen 21% and […]
This year a low budget Chinese-language family drama has emerged as one of the biggest box office hits in China, its Australian premiere shows the themes of love, devotion and family are universal. When a […]
The Australian new vehicle market recorded its strongest month ever in June, new data released by the Federal Chamber of Automotive Industries has confirmed. During the month, VFACTS recorded 131,134 sales, which was seven per […]
JAKARTA, INDONESIA – Media OutReach Newswire – 27 November 2025 – The Electricity Connect 2025 conference, organized by Indonesia Electrical Power Society (MKI) in collaboration with multiple institutions, was successfully held in Jakarta. During the […]
October CPI numbers likely to see hopes of interest rate relief dashed as rising inflation will pressure the Reserve Bank to put the brakes on the economy. In October 2025, inflation — measured by the […]
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