Australia

NASA launches three rockets from the Arnhem Space Center into the Northern Territory

The US space agency NASA is heading to Down Under this month for a series of rocket launches in Arnhem Land. Key points: NASA will launch three rockets from the Northern Territory It has been 25 years since NASA last launched rockets from Australia NASA wants to observe space phenomena that can only be seen …

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ASX prepares to jump as Wall Street meets: World Bank sounds the stalemate alarm

US equities rebounded on Tuesday as Treasury yields fell, but Wall Street continues to falter as investors wait for more clarity on where interest rates, inflation and the economy are headed. The S&P 500 was up 1% after reversing a 1% morning loss. The Dow Jones added 0.8 percent after also bouncing between gains and …

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ASX prepares to jump as Wall Street meets: World Bank sounds the stalemate alarm

US equities rebounded on Tuesday as Treasury yields fell, but Wall Street continues to falter as investors wait for more clarity on where interest rates, inflation and the economy are headed. The S&P 500 was up 1% after reversing a 1% morning loss. The Dow Jones added 0.8 percent after also bouncing between gains and …

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Australia wins Sri Lanka by 10 ports on the T20I in Colombo while Josh Hazlewood stars in the opening of the tour

Fast-paced star Josh Hazlewood has helped prepare for Australia’s relentless 10-port T20 International victory to kick off Sri Lanka’s tour in an impressive way. Sri Lanka vs Australia 1st T20I (Colombo) – Australia wins by 10 weeks 2nd T20I (Colombo) – June 8 3rd T20I (Pallekele) – June 11th 1st ODI (Pallekele) – June 14 …

Australia wins Sri Lanka by 10 ports on the T20I in Colombo while Josh Hazlewood stars in the opening of the tour Read More »

Westpac becomes the first major bank to transfer RBA interest rates as the cost of living crisis deepens

Westpac is the first major bank to transfer the 0.5 percent interest rate increase from the Reserve Bank, and the remaining “big three” are expected to do so in the coming days. The RBA announced the rate hike yesterday afternoon – the largest in 22 years – and there has been no response from the …

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The World Bank says the recession will be “difficult to avoid” for many countries

You can add the World Bank to the growing heart that sounds like recession alarms. In his latest outlook, World Bank President David Malpass said that “for many countries, the recession will be difficult to avoid.” Malpass joins many others on Wall Street and central banks around the world who are beginning to warn of …

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