Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz

Belgian PM hopes to have 'fruitful discussion' on Russian frozen assets with Germany's Merz

Belgian Prime Minister Bart De Wever said on Thursday he hopes to have a fruitful discussion with German Chancellor Friedrich Merz on Friday about an EU plan to use Russian frozen assets to support...
05 December 2025 at 05:28 am AEDT
Wall St opens higher as investors mull Fed rate cuts

Wall St opens higher as investors mull Fed rate cuts

Wall Street's main indexes opened slightly higher on Thursday as investors parsed a fresh batch of labor market data to gauge the odds of a much-anticipated Federal Reserve interest rate cut when it...
05 December 2025 at 01:38 am AEDT
Economists double down on December Fed cut despite policymaker divide:  Reuters Poll

Economists double down on December Fed cut despite policymaker divide: Reuters Poll

The U.S. Federal Reserve will reduce its key interest rate by a quarter-percentage point at the December 9-10 policy meeting to support a cooling labour market, according to a majority of over 100...
05 December 2025 at 12:42 am AEDT
UK sets out new sanctions against Russia after Novichok report

UK sets out new sanctions against Russia after Novichok report

Britain on Thursday announced new sanctions against Russia, including the entire GRU military intelligence agency, which was singled out in a UK public inquiry into the 2018 death of a woman poisoned...
04 December 2025 at 11:13 pm AEDT
Canadian dollar forecasts turn less bullish as trade deal remains elusive- Reuters Poll

Canadian dollar forecasts turn less bullish as trade deal remains elusive- Reuters Poll

The Canadian dollar will strengthen less than previously expected over the coming year if the time it takes for Canada to reach a trade deal with the U.S. raises prospects of additional Bank of Canada...
04 December 2025 at 10:38 pm AEDT
Germany's Merz wants EU states to share risks of Russian asset plan alongside Belgium

Germany's Merz wants EU states to share risks of Russian asset plan alongside Belgium

Germany's Chancellor Friedrich Merz has come out in favour of giving Belgium assurance that the risks of a planned use of frozen Russian state assets to support Ukraine would be borne fairly by all...
04 December 2025 at 08:09 pm AEDT
Russia blocks Apple's FaceTime in mounting push against foreign tech platforms

Russia blocks Apple's FaceTime in mounting push against foreign tech platforms

Russia has blocked Apple's video-calling app FaceTime, the state communications watchdog said on Thursday, as part of an accelerating clampdown on foreign tech platforms that authorities allege are...
04 December 2025 at 07:49 pm AEDT
India central bank to tolerate weaker rupee as inflows dry up, sources say

India central bank to tolerate weaker rupee as inflows dry up, sources say

India's central bank will tolerate a weaker rupee as the country's external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world's...
04 December 2025 at 04:59 pm AEDT
India's largest private lender sees rupee falling to 92 in absence of quick US trade deal

India's largest private lender sees rupee falling to 92 in absence of quick US trade deal

Uncertainty over the timing of the U.S.-India trade deal is fuelling rupee volatility and the absence of a quick agreement could push the currency to as low as 92 per dollar, the head of treasury at...
04 December 2025 at 04:44 pm AEDT
BOJ likely to raise rates in December, government to tolerate move, sources say

BOJ likely to raise rates in December, government to tolerate move, sources say

The Bank of Japan is likely to raise interest rates in December with the government expected to tolerate such a decision, three government sources familiar with the deliberations said. ...
04 December 2025 at 04:36 pm AEDT
BOJ's Ueda flags uncertainty on how far rates can go up

BOJ's Ueda flags uncertainty on how far rates can go up

Bank of Japan Governor Kazuo Ueda said on Thursday there was uncertainty on how far the central bank could raise interest rates due to the difficulty of estimating the country's neutral rate of...
04 December 2025 at 01:56 pm AEDT
Indian rupee to rise from record lows, but US trade deal key for recovery- Reuters poll

Indian rupee to rise from record lows, but US trade deal key for recovery- Reuters poll

The Indian rupee will regain some lost ground against the U.S. dollar over the next three months, according to a Reuters poll of FX strategists, but a reversal in the currency's fortunes hinges upon...
04 December 2025 at 01:14 pm AEDT
Brazil judge orders government to add JBS subsidiary to 'dirty list' for slavery

Brazil judge orders government to add JBS subsidiary to 'dirty list' for slavery

A federal labor judge in Brazil ordered the government to add a poultry unit of meatpacker JBS to a so-called dirty list of employers responsible for subjecting workers to slavery-like conditions,...
04 December 2025 at 07:59 am AEDT
Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says

Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing affordability, Joseph Lavorgna, a counselor to U.S. Treasury Secretary...
04 December 2025 at 03:50 am AEDT
ECB says EU use of Russian assets for Ukraine loans is a stretch

ECB says EU use of Russian assets for Ukraine loans is a stretch

The European Commission's proposal to use Russian central bank assets to extend reparations loans to Ukraine is a stretch from a legal and financial point of view, European Central Bank President...
04 December 2025 at 03:02 am AEDT
US import prices unexpectedly flat in September

US import prices unexpectedly flat in September

U.S. import prices were unexpectedly unchanged in September as high costs for consumer goods, excluding motor vehicles, were offset by cheaper energy products. The flat reading in import...
04 December 2025 at 01:01 am AEDT
Fed data suggests central bank has stopped losing money

Fed data suggests central bank has stopped losing money

The Federal Reserve appears to have finally turned the corner on a three-year-long string of unprecedented loss-making tied to how it has implemented monetary policy in the wake of the COVID-19...
03 December 2025 at 10:02 pm AEDT
Toronto home sales hit five-month low in November

Toronto home sales hit five-month low in November

Greater Toronto Area home sales fell to a five-month low in November and prices declined as an uncertain economic outlook kept homebuyers on the sidelines, Toronto Regional Real Estate Board data...
03 December 2025 at 09:03 pm AEDT
Euro zone business activity expands at fastest pace in 30 months in November, PMI shows

Euro zone business activity expands at fastest pace in 30 months in November, PMI shows

Business activity in the euro zone expanded at its fastest pace in two-and-a-half years in November as a robust service sector more than offset manufacturing weakness, a survey showed on Wednesday. ...
03 December 2025 at 08:02 pm AEDT
DAX Expected to Open Higher - Focus on Ukraine and ECB Policy

DAX Expected to Open Higher - Focus on Ukraine and ECB Policy

The DAX is set to open Wednesday's trading session with gains, according to developments in the futures markets. On Tuesday, Germany's leading index closed half a percent higher at 23,710.86 points....
03 December 2025 at 05:56 pm AEDT