News

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

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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 

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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

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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

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