Australia's election will be a tight race. Whoever wins will 'struggle' to manage rising costs

cnbc.com Economic concerns have been at the front and center of domestic campaigning for the front runners. Incumbent Prime Minister Scott Morrison from the ruling conservative Liberal-National coalition is defending his...

EXPLAINER: How do Australian parties differ on key issues?

apnews.com CANBERRA, Australia (AP) — Australia’s center-left opposition Labor Party has outspent the ruling conservative Liberal Party-led coalition in election promises during the six-week campaign leading up to the vote on...

Biden in Asia: New friends, old tensions, storms at home

apnews.com SEOUL, South Korea (AP) — President Joe Biden hopes to use his visit to Asia to confirm his belief that long-standing friendships can afford to become even friendlier — and pay dividends. His six-day trip starts in...

Australia set to go to polls in expected close election

apnews.com CANBERRA, Australia (AP) — Australians will go to the polls on Saturday following a six-week election campaign that has focused on pandemic-fueled inflation, climate change and fears of a Chinese military outpost...

Australia’s Falling Jobless Numbers Fuel Talk of Rates Rise

asiafinancial.com The fall in unemployment will be welcomed by Prime Minister Scott Morrison, who has made jobs the clarion cry of his election campaign ahead of a vote on Saturday The post Australia’s Falling Jobless Numbers Fuel...

Australian jobless rate at lowest since 1974 in April

investing.com SYDNEY - Australia's unemployment rate stood at its lowest in almost 50 years in April as firms took on more full-time workers, a tightening in the labour market that will ratchet up pressure for further hikes in...

Australia's economy holds plenty of pitfalls for election winner

investing.com By Wayne Cole SYDNEY - Whichever party takes the reins of power at Australia's election on Saturday faces an economic road pitted with pot holes, from runaway inflation to rising interest rates, ballooning debt and...

Australia Election: Inside Scott Morrison, Anthony Albanese's Campaign Trails

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After fires and floods, climate-conscious independents could determine Australian election

investing.com By Kate Lamb SYDNEY - After some of the worst fires and floods ever to hit Australia, a new cohort of climate-conscious independents are threatening to shake up the federal election on Saturday, putting the...

As Australia votes, indigenous people call for debate on rights

investing.com By Praveen Menon CANBERRA -Activists at one of the world's longest-running protests for the rights of indigenous people are not pinning their hopes for change on Australia's May 21 general election. The election...

China to let banks cut lower limit of home loan interest rates

investing.com BEIJING - China's financial authorities said on Sunday they will let banks cut the lower limit of interest rates on home loans based on the corresponding tenor of the Loan Prime Rate for first home purchases. The...

Australia PM, trailing in election polls, announces housing policy

investing.com Australian Prime Minister Scott Morrison announced a housing policy on Sunday. The policy aims to boost home ownership and curbing high prices, as his government lags the opposition Labor Party days before a general...

Australian prime minister launches campaign days before poll

apnews.com CANBERRA, Australia (AP) — Australia’s embattled prime minister on Sunday officially launched his conservative party’s campaign less than a week before elections, highlighting the nation’s early success in containing...

Shanghai to start gradually reopening malls, other firms in COVID lockdown transition

investing.com SHANGHAI - The Chinese financial and manufacturing hub of Shanghai will gradually begin reopening businesses such as shopping malls and hair salons from Monday after weeks in a strict COVID-19 lockdown, the city's...

Palestinians welcome foreign support in inquiry into reporter's death

investing.com RAMALLAH, West Bank - The Palestinian Authority would welcome the involvement of international groups in the investigation into the death of an Al Jazeera journalist killed while reporting on an Israeli raid in the...