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Australia’s Prime Minister Anthony Albanese announcing the election date at a press conference in Canberra on March 28, 2025

Australia's Core Inflation Hits 3-Year Low, Raising Hopes For Interest Rate Relief

Investors expect the Reserve Bank of Australia (RBA) to reduce rates by 0.25% on May 20, as global growth concerns, mainly due to US tariffs, grow. However, a higher-than-expected inflation reading has led some to reduce their bets on multiple rate cuts this year.

Australians Question Privacy As A Political Party Uses Legal Loophole To Send Mass SMS Campaigns
10 Australian Abattoirs Gain Access To Chinese Market As Demand Rises

Australians Cut Back On Meat, Alcohol, And Bottled Water As Cost-Of-Living Pressures Bite
Despite the more cautious consumer behavior, Coles Group posted a rise in overall sales revenue, reaching AU$10.4 billion for the third quarter -- an increase of AU$400 million compared to the same period last year, largely driven by its supermarket operations.
Australian Triple-murder Suspect Allegedly Cooked 'Special' Mushroom Meal
An Australian woman promised a "special meal" for her husband's family before dishing up a beef Wellington with death cap mushrooms that killed three of them, jurors heard Wednesday.
More Automakers Drop Earnings Guidance Over Tariffs
Germany's Mercedes-Benz and US-European group Stellantis, whose brands include Jeep, Peugeot and Fiat, joined other automakers Wednesday in suspending their annual financial guidance because of uncertainty over US tariffs.

Most Stock Markets Rise Despite China Data, Eyes On US Reports

Stocks mostly rose Wednesday ahead of key US economic and earnings reports, while traders took in their stride data showing Chinese factory activity contracted at its fastest pace for nearly two years as Donald Trump's trade war kicked in.

WAR IN UKRAINE

Russia currently occupies around 20 percent of Ukraine

Russia Says Claims Over Annexed Ukraine Regions Key To Peace

Russia said on Monday it was ready to negotiate directly with Ukraine, but that recognition of its claims over five Ukrainian regions including Crimea were "imperative" to resolving the conflict.

Economy in Focus

Eurozone Economy Grows More Than Expected Despite US Tariff Turmoil
The eurozone economy expanded more than expected at the start of the year, official data showed on Wednesday, despite US President Donald Trump's tariffs but global trade tensions threaten more pain and near stagnation in 2025.
ChatGPT Adds Shopping Help, Intensifying Google Rivalry
Pricier Trainers? Adidas Warns On US Tariff Impact

More News

31,000 Australian Banking Credentials Circulate On Telegram And Dark Web: How To Protect Your Data
Cyber intelligence firm Dvuln uncovered the breach, revealing that the credentials include passwords from at least 14,000 Commbank customers, 7,000 ANZ users, 5,000 NAB clients, and 4,000 from Westpac.

Meta Releases Standalone AI App, Competing With ChatGPT

Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday, challenging ChatGPT by giving users a direct path to its generative artificial intelligence models.