By Ananda Teresia and Kate Lamb JAKARTA (Reuters) – Indonesia’s Constitutional Court will on Thursday rule on a possible change to the country’s electoral system, a decision that has fuelled concerns about political interference in the upcoming February 2024 general and presidential polls. The case, brought by several politicians including from the ruling Democratic Party…
By Sameer Manekar (Reuters) – Investors cut back short bets on emerging Asian currencies as most local central banks maintained their hold stance on interest rates, but remained in bearish territory for Malaysian ringgit and China’s yuan, a Reuters poll showed on Thursday. Since all the 10 poll responses were received before the U.S. Federal…
(Reuters) – Japan is in talks to provide artillery shells to the United States to bolster stocks for Ukraine’s counteroffensive against Russia, the Wall Street Journal said on Thursday. The Asian nation is considering supplying 155-mm. artillery shells under a 2016 pact to share ammunition as part of its long-standing security alliance with the United…
SYDNEY (Reuters) – An Australian senator on Thursday said she was followed, aggressively propositioned and inappropriately touched by another senator in parliament house, and called on the government to make the building safer for women. In a tearful address in parliament, independent senator Lidia Thorpe said she has decided not to pursue legal action or…
SYDNEY (Reuters) -Australia’s most decorated war veteran, found by a civil court to have played a part in the murder of four Afghans while serving in Afghanistan, said he was devastated by what he called an “incorrect” judgement and he would not apologise for his actions. In his first public comments since the court ruling,…
By Satoshi Sugiyama TOKYO (Reuters) – Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per U.S. dollar level, more than half of economists polled by Reuters said. Market participants closely watch how the government and the Bank of Japan (BOJ) respond to currency moves, following…
By Stella Qiu SYDNEY (Reuters) -Australian employment blew past expectations in May, while the jobless rate edged lower and participation rate climbed to a record high, an extraordinarily strong report that adds pressure on the central bank to raise interest rates further. Figures from the Australian Bureau of Statistics (ABS) on Thursday showed net employment…
BEIJING (Reuters) – China’s market regulator on Thursday announced a five-month campaign that will ensure platform companies optimise their protocols, to protect the rights of consumers and vendors. The State Administration for Market Regulation said it will supervise and guide platform firms to conduct self-examination, and improve their protocols to overcome a lack of key…
BEIJING (Reuters) – China’s industrial output rose 3.5% in May from a year earlier, official data showed on Thursday, slightly missing expectations, as faltering demand at home and abroad adds pressure on policymakers to shore up a shaky economic recovery. May’s expansion marked the slowest growth since February. Analysts polled by Reuters had expected output…
SYDNEY (Reuters) – An Australian state on Thursday imposed a three-month ban on PricewaterhouseCoopers’ (PwC) local unit from receiving new tax-related contracts – the latest repercussion to hit the firm after its misuse of confidential federal government tax plans. PwC has come under fire after a former tax partner in the firm who was advising…
