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United States President Donald Trump has stated that he will announce his nominee to succeed Jerome Powell as Chair of the Federal Reserve on Friday morning, Eastern Standard Time. This corresponds to Saturday in the Australian Eastern Daylight Time zone. The President made the announcement at the Kennedy Centre on Thursday, US time, heightening anticipation

Nine Entertainment Co. has announced its acquisition of outdoor advertising company QMS for $850 million, signalling a strategic shift away from traditional media assets. The publishing and broadcasting giant said the transactions, which include offloading regional television stations to WIN, are aimed at creating a higher growth business. This move reflects a broader trend in

4DMedical has announced the commercial launch of its CT:VQ lung imaging technology at the University of Chicago Medicine. This follows an expanded agreement that will see the technology integrated into clinical workflows within the Interventional Pulmonology and Advanced Diagnostics programs at UChicago Medicine. 4DMedical is a medical technology company aiming to deliver the new gold

The Australian sharemarket is on track to record its most substantial monthly gain since August, driven by a surge in energy stocks. This positive momentum follows a rise in oil prices, which have surpassed US$70 per barrel amid growing geopolitical tensions. Early trading on Friday saw the S&P/ASX 200 Index climb 23.20 points, a 0.3

Donald Trump’s lawsuit against JPMorgan Chase and its CEO, Jamie Dimon, highlights the growing conflict in the administration’s policy agenda for Wall Street. The lawsuit accuses JPMorgan and Dimon of closing Trump’s accounts on political grounds, a claim JPMorgan denies. This action underscores the unpredictable environment large financial institutions navigate, even as they were expected

Germany’s economic recovery faces significant hurdles despite Chancellor Friedrich Merz’s promise of fiscal stimulus. While some indicators suggest a moderate upswing in 2026, economists and business groups warn that crucial structural reforms are lagging, potentially undermining sustainable growth. The International Monetary Fund forecasts 1.1% growth for Germany in 2026, and the government expects 1.3%, though

A top economic advisor to Prime Minister Benjamin Netanyahu, Avi Simhon, is advocating for an upgrade to Israel’s credit ratings following the October ceasefire with Hamas. Simhon, who heads Israel’s National Economic Council, contends that bond markets have already priced in a post-war scenario, warranting a re-evaluation by ratings agencies. This comes after S&P Global

The yen surged to its highest level in over two months on Monday, fuelled by growing speculation that coordinated intervention from US and Japanese authorities may be imminent. Investors are also reportedly reducing their dollar holdings in anticipation of the upcoming Federal Reserve meeting and a potential announcement from the Trump administration regarding a new

Gold prices reached unprecedented levels on Monday, surpassing $US5100 as investors sought refuge amid escalating international political tensions. Spot gold rose by 1.9 per cent to $US5076.43 an ounce in late morning trading in New York, after peaking at a record $US5110.50. US gold futures for February delivery also experienced gains, increasing by 1.9 per