Browsing: Business

CEFC commits up to A$60m for discounted EV loans via Hyundai Capital Australia, cutting rates 0.5 to 1.0 points for electric cars under the LCT price threshold.

Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.

OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability.

Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.

OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

President Trump confirms tariffs on imported furniture will begin in 2025, citing national security concerns and a goal to restore U.S. manufacturing.

The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.

Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.

Equinor has exited the $10 billion Hunter offshore wind farm, pausing one of Australia’s largest clean energy projects amid shifting global investment plans.