Australia is expanding its regional cybersecurity network, pledging A$83.5 million ($54.4 million) to strengthen defences across the Indo-Pacific amid rising cross-border digital threats.The four-year plan, running until 2028, underscores Canberra’s view that cyberattacks have evolved beyond national boundaries and require collective action.According to a Bloomberg report, the funding, channelled through…

Shares of Reliance Industries Ltd (RIL) rose more than 2% on October 27 after it was revealed that Meta Platforms Inc.’s Facebook Overseas will hold a 30% stake in Mukesh Ambani-led RIL’s artificial intelligence venture.The announcement marks a significant collaboration between India’s largest conglomerate and one of Silicon Valley’s biggest…

China intensified its push for regional trade cooperation at a Malaysia summit overshadowed by steep US tariffs, seeking to position itself as the stabilising force for Asian economies navigating protectionist headwinds.While Washington reaffirmed its tariff stance during President Donald Trump’s five-day Asia tour, Beijing worked to expand its influence through…

Argentina’s financial markets rallied on Monday after President Javier Milei’s party outperformed expectations in the country’s legislative elections, reigniting investor optimism about his reform agenda. The stronger-than-forecast results offered a crucial boost to Milei’s ability to implement deep economic changes in one of South America’s most volatile economies. Argentina’s sovereign…

Dow futures rose about 260 points, or roughly 0.5% on Monday, driven by growing optimism over a potential US-China trade deal.This followed weekend discussions leading to a preliminary agreement to ease trade tensions, such as suspending tariffs and export restrictions.Investor sentiment was further boosted by anticipation of the Federal Reserve’s…

Offshore energy firm Petrofac has filed for administration after a year of financial strain and the termination of a major contract with Dutch grid operator TenneT, putting 2,000 jobs in Scotland at risk.The move puts one of the UK’s best-known energy engineering firms in jeopardy, although its North Sea operations…

ClearBank has deepened its push into digital finance by joining the Circle Network in a strategic move that brings regulated stablecoin payments to the European market.ClearBank joins Circle’s expanding payments networkClearBank has signed a strategic framework agreement with a subsidiary of Circle to accelerate access to MiCA-compliant stablecoins, including USD…

Shares of US-listed rare earth mining companies fell sharply on Monday after officials in Washington indicated that China would likely delay implementing export controls on critical minerals. The news comes as part of ongoing negotiations between the two countries aimed at finalizing a broader trade deal and easing escalating tensions…