Browsing: Business

Australia’s CEFC commits up to A$60m for discounted EV loans via Hyundai Capital Australia, cutting rates 0.5 to 1.0 points on new eligible Hyundai and Kia EVs.

An $8.5B minerals deal between the US and Australia aims to expand rare earth production, co-funded projects, and cross-border industrial resilience.

Gold surged to a record $3,963 as market demand soared amid global instability and US policy uncertainty, reinforcing its safe-haven status.

OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability.

UAE and Australia activate CEPA on October 1, 2025, removing tariffs on over 90% of goods and expanding bilateral trade, investment, and economic ties.

Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

President Trump confirms tariffs on imported furniture will begin in 2025, citing national security concerns and a goal to restore U.S. manufacturing.

The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.

Wall Street rallied as Powell signaled a potential September rate cut, lifting Dow over 800 points and sending S&P 500 and Nasdaq to multi-month highs.