World

Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
Ex-PwC boss to face the music for the first time
Ethical Business

Ex-PwC boss to face the music for the first time

After 15 months of silence, Tom Seymour will be forced to publicly explain himself.

AAP 02 Aug 2024
Fed clears path for September interest rate cut
World

Fed clears path for September interest rate cut

Officials pivot to more equal focus on inflation and labour goals. 

ASX hits record high, dollar sinks as inflation cools
News in Brief

ASX hits record high, dollar sinks as inflation cools

By Derek RoseThe local share market has enjoyed its best performance in 20 months, surging to a record high for the ninth time this year after a cooling inflation report opened the door for interest rate cuts in 2024.The benchmark S&P/ASX200 index on Wednesday gained 139.1 points...

AAP 01 Aug 2024
BP profit beats market views despite weaker refining margins
World

BP profit beats market views despite weaker refining margins

The oil and gas producer has lifted its dividend payout by 10%.