stabilise

The violations were not intentional, AGL said, and no profit was derived. “The funds initially received for the provision of the services were returned to the Australian Energy Market Operator following discovery of the issue,” the…

Zimbabwe’s currency weakened almost 14% in the weekly central bank auction on Tuesday after Finance Minister Mthuli Ncube called for changes to how the foreign exchange market is managed. The devaluation is the latest policy move to…

© Reuters. FILE PHOTO: Chinese Foreign Minister Qin Gang attends a joint press conference with German Foreign Minister Annalena Baerbock (not pictured) at the Diaoyutai State Guesthouse in Beijing, China, April 14, 2023. Suo…

“It’s going to be a calendar year of two very different halves. There is potential that we’ll have seen the top of the interest rate cycle in the middle of the year, so we could see a very healthy environment in the second half of this…

BHP, the world’s largest mining company, said China would act as a “stabilising force” for commodity demand this year as Beijing’s pro-growth policies offset weak economic performance in other developed markets. The Australian…

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President Cyril Ramaphosa secured a second term as head of the ANC on Monday, bringing him closer to clinching a second term as president of South Africa when the country heads to the polls in 2024. Ramaphosa, who went into the ANC’s 55th…

Douglas W. Diamond, the winner of the 2022 Nobel Prize in economics. | Photo Credit: PTI Douglas W. Diamond, winner of this year's Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee…

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Corporate tax rates are showing signs of stabilisation after decades of governments slashing levies in a global competition to lure investment from multinational firms. According to data released by the OECD, the average combined statutory…