Australia's fiscal position has deteriorated in the past year as rising expenses across federal, state and territory governments outstripped stronger-than-expected revenue, according to the Parliamentary Budget Office.
China is on pace to meet its pledge to buy 12 million tons of US soybeans by the end of February, US Treasury Secretary Scott Bessent said on Wednesday, appearing to extend an earlier deadline for Beijing's purchases.
German Chancellor Friedrich Merz's unwieldy ruling alliance with the Social Democrats is facing an existential crisis of its own making that could trigger its demise after only seven months in office.
The Reserve Bank of India's last interest rate decision of the year is proving to be one of its trickiest, with policymakers having to weigh up record low inflation against a plunging currency and 8%-plus economic growth.
Billionaire Bill Gates said cuts to global health funding from donors including the US are likely to contribute to the first increase in childhood deaths in at least 25 years.
The European Union plans to start an investigation into how Meta Platforms Inc. built AI features into WhatsApp this year, the Financial Times reported, in what could be the latest probe into Big Tech's dominance of the region's online scene.
Rebuilding McKinsey & Co.'s reputation in South Africa after it was implicated in state corruption scandals will be a long process, its top executives in Africa said, adding that the consulting firm is biding its time on resuming bidding for ...
Kevin Hassett may not have the ability to deliver the rapid pace of interest rate cuts US President Donald Trump would like, even if he is approved as the next Federal Reserve Chair, said Gregory Peters, co-chief investment officer at PGIM Fixed ...