Author: Charlotte

Reserve Bank of Australia Governor Michele Bullock. Picture: NewsWire / Christian Gilles Australian homeowners are set for relief today with headline inflation expected to fall to its lowest level in months, driven by cheaper fuel – with Reserve Bank Governor Michele Bullock now widely expected to keep rates on hold. The cash rate target is set to remain at 4.35 per cent when the board next meets on June 16, after a punishing stretch for borrowers off three rate hikes that added more than $360 a month to repayments on the average $800,000 mortgage. RELATED: Tradie jobs crisis: One in…

Bitcoin ATMs, the now-ubiquitous machines in gas stations and smoke shops that convert physical cash to cryptocurrency, are in trouble. Over the past few months, the Canadian government announced a proposal to ban the scam-prone machines while Tennessee, Minnesota and Indiana passed legislation to outlaw them. Just last week, the world’s largest operator of these ATMs, Bitcoin Depot, filed for bankruptcy, citing litigation and government action. Experts and authorities have for years warned about the machines’ heavy use by criminals, who rely on them as a convenient means to collect funds from scam victims. But as the crackdown on crypto…

(All amounts expressed in U.S. dollars unless otherwise stated)Toronto, Ontario–(Newsfile Corp. – May 26, 2026) – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) (OTCQX: TORXF) today released its 2025 Responsible Gold Mining Report (the “Report”) titled Growing with Purpose, the Company’s 11th annual disclosure of its safety, environmental, social and governance performance. The Report can be found on the Company’s website at www.torexgold.com.Jody Kuzenko, President & CEO of Torex, stated: “As I look back on my career, one of the things I will always be most proud of is the profound impact that Torex has had…

Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking…

Text: Jesmine OngLearn more about Prof Quah’s work from this video.Every nation faces difficult choices about how to allocate limited resources. From environmental regulations to infrastructure investment, governments must balance competing priorities while considering long-term social and economic impact.For Prof Euston Quah, Albert Winsemius Chair Professor in Economics at NTU, analysing these trade-offs is central to his research.“My work focuses on applied economics, particularly cost-benefit analysis and environmental economics,” he explains.Cost-benefit analysis helps policymakers evaluate whether the benefits of a policy or project outweigh its costs. While the principle may seem simple, applying it to national decisions often requires weighing…

00:00 Speaker A your bullish energy and materials. Is that is that mostly an inflation hedge? 00:05 Leslie So, we think that it’s really important for investors to consider the commodity space, um, for a couple of reasons. You know, obviously that crosses both cyclical and non-cyclical commodities. If you think of about gold, for example, being more of a financially oriented commodity. Other commodities like base metals being more oriented towards economic growth. And then you have the energy complex, which would be also geared to economic growth, but also the geopolitical backdrop, which also impacts gold. So there’s…

Two men have been ordered to pay a combined $440,000 after illegally purchasing sensitive farmland and attempting to bypass New Zealand’s overseas investment rules. Australian citizen Daniel Klaus illegally purchased 91 hectares of farmland in northern Hawke’s Bay for $4.5 million, with assistance from New Zealand citizen Michael Newcomb.The land is classified as sensitive under the Overseas Investment Act due to the size and nature of the property, meaning Overseas Investment Office consent was required for an Australian citizen to purchase it.Court documents show Klaus, who held cryptocurrency he was seeking to convert to cash, attempted to bypass the Act’s…

Portugal’s golden visa moved from property to private capital. Here’s what changed.For years, Portugal’s golden visa was a property story. Foreign investors bought homes, apartments, or development-linked assets, and Portugal granted residency rights in return. Sales materials looked more like luxury real-estate brochures than immigration filings, and the program quietly became one of Europe’s most popular routes to a Schengen residence card.Then Lisbon pulled the plug on the real estate route. Portugal’s current Residence Permit for Investment Activity, known locally as ARI, still allows non-EU nationals to obtain residency through qualifying investment, but the menu has been rewritten. The current…

Sri Lanka-based global identity and access management (IAM) firm WSO2 is expanding its Agent Fabric platform, introducing a Forward Deployed Engineering model and scaling its delivery partner ecosystem to accelerate the adoption of agentic AI in enterprise. A release from WSO2, which defines itself as an “open-source enterprise middleware company,” details the related initiatives, which were unveiled at its recent North American conference. Together, they aim to strengthen WSO2’s position as an infrastructure layer in a world where AI agents operate autonomously across applications, APIs, workflows, identities and data. “The enterprise challenge today is not simply building AI agents,” says…

Every Eid-ul-Azha, Bangladesh conducts one of the largest concentrated acts of animal sacrifice in the world. In 2024, around 1.04 crore animals were sacrificed in roughly 72 hours, including 47.7 lakh cows, 1.13 lakh buffaloes, 50.6 lakh goats, and 4.7 lakh sheep, according to official livestock data. In 2025, the number fell to 91.36 lakh animals. The headline figure, often described as a Tk 100,000 crore seasonal economy, is widely reported. Far less examined is the uncomfortable truth beneath it: the qurbani (which means sacrifice) economy leaks value at almost every node, and because the leakage is seasonal, scattered and…