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‘Alarming’: David Jones workers brace for job losses as store closures loom
The union representing thousands of David Jones workers is planning for the worst as the troubled department store chain prepares to close up to half its stores.
North Korea says US allegations linking it to Binance heist are ‘absurd rhetoric’, KCNA says
Members of a North Korean state-sponsored unit known as TraderTraitor were responsible, said the FBI
Trump has lost control of his war with Canada
Donald Trump tried and failed to bully Canada in tense negotiations earlier this year. Now he may pay a heavy price.
ASX starts RBA day higher; Airlines soar, energy stocks slide as oil prices tumble
The Australian sharemarket opened higher ahead of the Reserve Bank’s interest rate decision, helped by a slump in oil prices amid renewed hopes diplomacy can end the war in Iran.
Private equity’s liquidity crunch fuels growth in secondaries, alternative fund structures
The secondary market remains undercapitalised relative to the potential demand for liquidity
‘They’re just fatigued’: Why Lachlan Murdoch says Fox ratings are diving
Some media observers attribute the decline to US President Donald Trump’s slipping approval ratings, but Fox chief Lachlan Murdoch says there is a simpler explanation.
The reason why another rate rise will hurt Sydneysiders most
NSW is “particularly sensitive” to interest rate increases, according to NSW Treasury modelling.
Family offices seek to band together, form international body as global wealth swells
Bid to create a global organisation may signal the opening up of a traditionally secretive sector
America Inc is turning away from Trump
With the president’s grip on Washington set to be much weaker after the midterms, US bosses are desperately trying to de-MAGAfy their companies.
MAS moves to spur infrastructure investments by easing capital requirements for insurers
In addition, a S$30 million grant will defray costs of building up teams and skills, engaging professional services