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The country’s metals processing sector has also been under pressure from high energy and labour costs[MELBOURNE] Australia announced a A$600 million (S$510 million) bailout over three years for Glencore’s Mount Isa copper smelter and Townsville refinery, as Western nations seek to bolster critical mineral supply chains amid concerns over reliance on China.The bailout, equally funded by the federal and Queensland state governments, reflects growing pressure to secure access to minerals essential for energy transition and defence, and comes as smelters grapple with rock-bottom fees amid overcapacity in China.Though copper is not officially classified as a critical metal by Australia, demand…
The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023.Mark Coote | Bloomberg | Getty ImagesNew Zealand’s central bank on Wednesday cut benchmark interest rates by 50 basis points to 2.5%, bringing the policy rate to its lowest level since July 2022 as growth worries loom.The cut to the overnight cash rate was larger than the 25 basis points expected by economists polled by Reuters.In its statement, the Reserve Bank of New Zealand said inflation was likely to return to its 2% target by the first half of next year, while pointing to…
The world’s largest manufacturer of motorcycles is also producing electric models but it is not clear how many it sells in the country[HANOI] Honda’s dominance of Vietnam’s motorcycle market is under threat as Hanoi pushes for a rapid switch to electric vehicles (EVs) in a boost to local EV maker VinFast, according to industry data and the findings of a consumer survey.Vietnam’s Prime Minister Pham Minh Chinh issued a directive in July that bans after 12 months fossil-fuel-powered motorcycles from the centre of the capital Hanoi and extends the scope of the ban from 2028.Honda and other motorcycle makers have…
David Ortiz, Derek Jeter and Alex Rodriguez play a special edition of “Guess how much.”
NEW BRUNSWICK, N.J. — NEW BRUNSWICK, N.J. (AP) — Democrat Mikie Sherrill and Republican Jack Ciattarelli will go head-to-head Wednesday in their final debate for New Jersey governor, as the federal government shutdown, Sherrill’s military records and the high cost of living have become major issues in the closely watched race. New Jersey is one of two states, along with Virginia, electing governors this fall — contests that are being viewed as a measure of how voters feel about President Donald Trump’s second term and how Democrats are responding.The hourlong debate gives the candidates a chance to cement their pitches…
[SINGAPORE] The Urban Redevelopment Authority (URA) on Wednesday (Oct 8) launched a site for sale by public tender for the development of a multi-storey “Next-Generation Driving Centre” (NGDC).The NGDC will be used for all vehicle classes and will replace the Bukit Batok Driving Centre (BBDC), which opened in 1990 and is set to be phased out by December 2030. The BBDC land is set to be redeveloped for new residential developments.NGDC’s land parcel of about 25,000 square metres (sq m) in Lorong Bistari can be developed for a maximum permissible gross floor area of 72,500 sq m for driving circuits…
Shares were mostly lower in Asia on Wednesday after U.S. stocks sank to their first loss in eight days, losing momentum after the price of gold topped $4,000 per ounce for the first time.The price of gold was up $25.40 at $4,029.60 an ounce. U.S. futures and oil prices also advanced. The Japanese yen fell sharply against the dollar on expectations that Sanae Takaichi, the conservative lawmaker likely to become the next prime minister, will push to keep interest rates low. The dollar rose to 152.53 yen from 151.90 yen, while the euro slipped to $1.1621 from $1.1659. Tokyo’s benchmark…
Data from more than 4,700 women reveals health risks starting in their late 30s – but 12 weeks of strength training delivers dramatic improvements LONDON and LOS ANGELES and WASHINGTON and SINGAPORE, Oct. 8, 2025 /PRNewswire/ — For October’s World Menopause Awareness Month, Ultimate Performance (U.P.) – the world’s leading personal training business – launches its “Stronger, for Life” campaign to promote the importance of strength training as a knowledge resource for women navigating hormonal changes. At Ultimate Performance, personal trainers like Steve are more than coaches – they’re health consultants,…
Video Details New York Yankees legends Derek Jeter and Alex Rodriguez, joined by Boston Red Sox legend David Ortiz, reacted to the Yankees’ second-largest postseason comeback. All three agreed: “They have something cooking” as the New York Yankees head into Game 4 of the American League Division Series tomorrow night. 20 MINS AGO・Major League Baseball・15:28
MUMBAI :London-based digital finance firm Revolut said on Wednesday it will launch its payment platform in India, its first foray into one of the world’s largest digital payments markets, as part of a planned global expansion.Revolut will let Indian users make domestic and international payments via its tie-ups with the Unified Payments Interface and Visa, starting with 350,000 waitlisted customers later this year before opening to others.The company aims to sign up 20 million customers by 2030, it said in a statement.The fintech firm invested over 40 million pounds in localising its technology to meet India’s data sovereignty rules, its…