Interest rates, inflation: Treasurer Chalmers’s warning on ABS data

Australian homeowners could soon be hit with more mortgage pain after this week's all-important inflation reading, with Treasurer Jim Chalmers warning that Wednesday's figures are likely to show “persistent” price pressures in the economy. In an interview with Sky's Weekend Business on Sunday, Mr Chalmers said that while inflation had come down “quite significantly” from … Read more

Datacom aims to ride Saudi Arabia’s tech wave 

RIYADH: Saudi Arabia's mining sector is on the cusp of a transformational era and the kingdom is determined to become a global leader in the industry. But have you wondered what treasures lie beneath its lands? Saudi Arabia is rich in mineral resources necessary for various global industries. The kingdom is transforming itself into a … Read more

Egypt’s presence at Gaza talks highlights its ‘pivotal role’ in region, says analyst

CAIRO: Egypt's finance ministry expects the IMF's Executive Board to approve the third review of the country's economic reform program, scheduled for Monday. The IMF is expected to reimburse Egypt $820 million after its review is complete, and the government aims to ensure the continued success of future reviews. Egyptian Finance Minister Ahmed Kouchouk said … Read more

Turkiye stages artillery strikes on Kurd fighters in Iraq

ISTANBUL: Turkey has launched new artillery strikes against Kurdish separatist positions in northern Iraq, the Defense Ministry and Iraqi sources said on Saturday. While President Recep Tayyip Erdogan said this month that the operation against the Kurdistan Workers' Party (PKK) in Iraq was coming to an end, a security source in northern Iraq said the … Read more