Sydney property prices, the bellwether for the Australian market, climbed for a second straight month in March in a positive sign for nationwide home values that have been hammered by soaring interest rates.
Australia sees its booming lithium sector matching thermal coal’s importance within five years as the world increasingly shifts from fossil fuels to clean energy.
Former Arkansas Governor Asa Hutchinson, a Republican critic of former President Donald Trump, said he’s entering the 2024 presidential race.
It took Bed Bath & Beyond Inc. almost two months to raise $360 million in emergency financing from a hedge fund positioned to profit from the deal. It wasn’t enough.
Iraq’s semi-autonomous Kurdistan region said it has reached an agreement with the federal government to resume oil exports through Turkey this week, after a legal spat pushed up crude prices.
Anyone who wonders why the Federal Reserve hiked interest rates last month – even in the middle of a banking storm – might find the answer in Midland, Texas.
The heirs of Petr Kellner filed a lawsuit in Alaska over the backcountry helicopter crash that killed the Czech billionaire and four other people two years ago.
Fosun International Ltd. agreed to sell its 60% stake in the parent company of Nanjing Iron & Steel Co. to a firm owned by CITIC Ltd., after terminating an earlier plan to offload the holding to Jiangsu Shagang Group Co.
Russia is boosting its production of conventional and high-precision ammunition, defense secretary Sergei Shoigu said on Saturday, days after he visited munitions factories in two regions in inspect the production of artillery and missiles. “Necessary measures” are being taking to ramp up output, Shoigu said.
Of all the top Wall Street strategists who predicted a rocky first half for equity markets back in December, many warned about mounting economic and profit risks from higher interest rates, but no one saw the turmoil in the banking sector coming.
