Dollar jumps after surprise boost in May payrolls
(Updates prices, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch keeping U.S. credit rating on negative watch)…
Australia
Australia PM says breakdown in US-China relations would be devastating
By Joe Brock and Kanupriya Kapoor SINGAPORE (Reuters) -Australian Prime Minister Anthony Albanese on Friday called for greater engagement between…
Tiananmen vigils shift overseas as Hong Kong falls silent
By Jessie Pang and Laurie Chen HONG KONG/BEIJING (Reuters) -As restrictions in Hong Kong have snuffed out what were once…
Global airline summit to tackle travel boom, climate goals
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Airlines will ride the crest of a faster-than-expected recovery…
RBA to hold rates at 3.85% in June, but may raise again soon
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its key interest rate unchanged at 3.85% on Tuesday…
Australia’s largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers…
Australia hikes minimum wage as living costs surge
By Stella Qiu SYDNEY (Reuters) -Australia will raise the minimum wage by 5.75% from July 1 as families grapple with…
Bank of China chairman visits Papua New Guinea amid Sino-US strategic rivalry
By Kirsty Needham SYDNEY (Reuters) – Bank of China chairman Ge Haijiao has travelled to Papua New Guinea (PNG) as…
Australia says tougher laws needed on artificial intelligence
SYDNEY (Reuters) – Australia said on Thursday it planned to regulate artificial intelligence (AI) including a potential ban on deep…
Australia’s Coles to take $17 million provision to compensate underpaid staff
(Reuters) – Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of…