Liberal leads independent as seat goes to recount
The Liberals have pulled ahead of an independent to lead by just eight votes after the distribution of preferences in a federal seat that must go to a recount three…
EU awaits clarity on Trump’s 50 per cent tariff threat
Treasury Secretary Scott Bessent says US President Donald Trump does not believe that the European Union’s trade offers to the United States are of sufficient quality and that he hopes…
Dollar under pressure as US fiscal anxiety rises
The dollar is heading for its first weekly fall in five weeks against major currencies and long-dated Treasury yields remain elevated as US debt concerns that have mounted for years…
RedBird Capital-led group agrees to buy UK’s Telegraph
A trans-Atlantic consortium led by RedBird Capital Partners has struck a deal to buy Britain’s Telegraph newspaper, the title says, spending Stg500 million ($A1 billion) to secure control. The ownership…
German economy grows twice as fast as expected
The German economy grew significantly more in the first quarter than previously estimated due to good economic developments in March, according to a second estimate. The economy grew by 0.4…
Coalition reunion looms as Liberals back policy demands
An in-principle agreement to four key policies has paved the way for an estranged coalition to come back together after their political marriage split. The Liberal party room met virtually…
Two seats still undecided three weeks after election
The final make-up of Australia’s next federal parliament will soon be known, as counting nears its conclusion in two tight election races. Independent candidate Nicolette Boele is ahead of Liberal…
New Zealand takes scalpel to foreign aid budget
New Zealand has slashed foreign aid to its lowest level in four years, with specific cuts to climate finance, in a move decried by the international development sector as a…
Nationals leader under fire over messy coalition split
Pressure is mounting on David Littleproud’s leadership of the Nationals as questions mount over the party’s split from the Liberals. A senior Nationals MP has failed to declare his confidence…
Asia shares gain as beaten-down Treasuries find support
Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after US President Donald Trump’s tax bill narrowly passed the lower house, although debt worries still lingered.…