Kiribati votes while relations with China and the cost of living play a major role

In Kiribati, people have gone to the polls for the first round of national elections, which are intended to serve as a referendum on the rising cost of living and the government's stronger ties with China. A run-off election is scheduled for August 19 for all parliamentary seats that were not awarded by a majority … Read more

A major upcoming shift in capital markets and the rare earth dilemma as headlines: What we learned at Diggers & Dealers 2024

Almost 3,000 delegates from across Australia – from stockbrokers and financial analysts to drillers and contractors – descended on Kalgoorlie this week to attend the country's premier mining summit, Diggers & Dealers. This was the dominant theme of their discussions.

Wall Street recovers after major stock market crash

Wall Street's major indexes rose in volatile trading as investors sought bargains after a slump in the previous session. At the same time, dovish interest rate comments from Federal Reserve officials lifted sentiment. Most megacap and growth stocks, which collectively lost $200 billion (A$308 billion) in market value on Monday, gained, while Nvidia recovered 2.3 … Read more