Moody’s downgrades US credit rating, citing rising debt
Moody’s has downgraded its credit rating of the United States by a notch to “Aa1” from “Aaa”, citing rising debt and interest “that are significantly higher than similarly rated sovereigns”.…
US to send letters within weeks on trade: Trump
US President Donald Trump says that over the next two to three weeks US officials will be sending letters to countries outlining “what they will be paying to do business…
Hits keep coming for Liberals as party seeks revival
State and federal Liberals face a mission to restore trust in the party’s brand after enduring setbacks on multiple fronts. As the federal party picks itself off the canvas after…
Bird flu hits world’s largest poultry exporter Brazil
Brazil, the world’s largest chicken exporter, has confirmed its first outbreak of bird flu on a poultry farm, triggering a country-wide trade ban from China and state-wide restrictions for other…
Roberts-Smith faces battle for High Court challenge
Disgraced war veteran Ben Roberts-Smith faces an uphill battle to take his defamation fight to the High Court, but prominent legal sources believe he has a chance. The Victoria Cross…
AI chips agreement as Trump wraps up Gulf states trip
The United Arab Emirates and the United States have agreed to create a path for the Gulf country to buy some of the most advanced artificial intelligence semiconductors from US…
European shares to cap strong week on upbeat earnings
European stocks look set to cap a strong week with gains, as upbeat earnings helped sustain the rally sparked by a US-China trade truce, while oil prices remain relatively low,…
Aussie shares hit three-month high as streak continues
The Australian share market has clocked its highest close in three months after eight straight sessions of gains. The S&P/ASX200 retreated after an early spike but finished 38.2 points, or…
‘Sustainable’: push to keep low-paid from falling back
Treasurer Jim Chalmers wants to ensure Australia’s lowest paid workers don’t go backwards, but stresses a real wage rise must not harm the economy. In its formal submission to the…
Roberts-Smith to take war crimes claims to High Court
Disgraced veteran Ben Roberts-Smith has pledged to continue to fight after an appeal court upheld findings that he was likely a war criminal. The Victoria Cross recipient – who faces…