AUSTRALIA NEWS
Ather IPO’s late close; Freshworks’ Q1 boost
Ather Energy’s IPO was oversubscribed on the final day, driven by late interest from QIBs. This and more in today’s ETtech Top 5.
New Zealand emerges as top pick for students amid changing US, Canada immigration norms
New Zealand is experiencing a surge in student interest from Hyderabad, India, driven by shifting immigration policies in the US, Canada, and the UK. Students are increasingly drawn to New Zealand's streamlined visa process, post-study work opportunities, and pathways to permanent residency. Non-traditional courses like food technology and agricultural sciences are gaining popularity alongside tech programs.
Dollar limps along on U.S.-China trade standoff
The dollar struggled to recover losses amid conflicting signals on Sino-U.S. trade talks, with the U.S. placing the onus on China. Investors, rattled by the uncertainty, sought refuge in the yen and Swiss franc. Despite softened stances from both sides, a near-term deal seems unlikely.
Asian stocks muted at open before earnings barrage
Australia’s benchmark stock gauge rose 0.4%, while equity-index futures for Hong Kong and China showed marginal moves. Contracts for the S&P 500 swung between small gains and losses after a late wave of buying wiped out losses in US stocks. The dollar steadied after falling Monday. There’s no trading of cash Treasuries in Asia as Tokyo is closed for a public holiday, and they will open at the start of the European session.
Leaders, uninterrupted: Work and learn via UWA Global MBA with IIM Kozhikode certification
The UWA Global MBA with IIM Kozhikode certification offers an opportunity to upskill without stepping away from your career. This dual-accredited MBA program promises a world-class curriculum from two globally respected institutions, tailored for mid to senior-level professionals looking to stay ahead of the growth curve. Here are its key advantages and a guide on how to apply.
Australia's ruling party to hike student visa fees again in pre-election pledge
Australia's Labor Party plans to increase international student visa fees to A$2,000 if reelected, aiming to generate A$760 million over four years. This measure addresses rising net migration and housing costs, with nearly 200,000 international students arriving in February 2025. The government also seeks to cap student commencements and enforce stricter regulations on education providers.
Oil edges up despite murky economic outlook, potential OPEC+ supply hike
Oil prices saw a slight increase in early trading. However, trade talk uncertainties between the U.S. and China continue to weigh on the market. The prospect of OPEC+ potentially increasing supply adds to the gloom. Conflicting signals from Donald Trump and Beijing regarding trade progress are also impacting the market.
What valiant Valerie can teach us loafers
A miniature dachshund named Valerie captured hearts worldwide after surviving 529 days in the rugged Australian wilderness of Kangaroo Island. Missing since November 2023, while her owners vacationed, Valerie evaded capture despite extensive search efforts. This tiny adventurer, equipped with only a pink collar, dodged traps and cameras, proving that epic journeys don't require opposable thumbs or social media validation.
Virginia Giuffre, a key voice against Jeffrey Epstein, dies by suicide at 41
Virginia Giuffre, a prominent survivor of Jeffrey Epstein's abuse, has tragically died by suicide at 41. Her courageous testimony and advocacy were instrumental in exposing Epstein's network and empowering other victims to come forward. Giuffre's legal battles and unwavering pursuit of justice left an indelible mark on the fight against sexual abuse and trafficking.
Silent visa crackdown leaves international students’ in legal limbo in the US
Over a thousand international students in the U.S., including Anjan Roy from Bangladesh, face unexpected visa terminations, causing legal battles and personal distress. Under the Trump administration's intensified scrutiny, students are left in uncertainty, despite many not being charged with any violations.
The 'most identical' twins: Netizens amazed as sisters speak in sync during 'greatest' viral news interview
Bridgette and Paula Powers, twin sisters from Australia, became an internet sensation after their synchronized TV interview. They recounted a shocking incident where a car thief threatened their mother. Viewers were captivated by their perfect harmony as they finished each other's sentences. The sisters claim their synchronized speech is unintentional.
Pope Francis' body to lie in state in St Peter's Basilica as faithful mourn
Pope Francis's body will lie in state at St. Peter's Basilica for public viewing before Saturday's funeral, drawing world leaders and faithful Catholics alike. Remembered for his humility and advocacy for the poor, Francis's death prompts both mourning and preparations for the conclave to elect his successor. The late pontiff last appeared publicly on Easter Sunday.
Condolences pour in from world leaders as India mourns Pahalgam terror attack
Following the Pahalgam terror attack, global leaders conveyed condolences to India. Keir Starmer and Olaf Scholz condemned the violence. Irfaan Ali stressed the need to bring perpetrators to justice. Ursula von der Leyen affirmed Europe's support. Anthony Albanese and Winston Peters also condemned the attack. Amit Shah chaired a security meeting. Security forces launched a search operation.
International students stripped of legal status in the US are piling up wins in court
International students in the US are facing visa revocations and status terminations, causing academic and personal turmoil. Anjan Roy, a student from Bangladesh, experienced this first-hand, leading to anxiety and isolation. While some students have found temporary relief in court, the crackdown raises doubts about their future in the U.S. and prompts concerns from their families abroad.
Nuclear war could kill five billion in 72 minutes, but these two countries might survive: Here’s what the expert says
If a nuclear war breaks out, five billion people could die within just over an hour, according to U.S. investigative journalist Annie Jacobsen. She says only two countries—New Zealand and Australia—may be safe due to their ability to grow food during a nuclear winter. Jacobsen also revealed that the U.S. President would have only six minutes to decide a counterattack using a classified document called the "Black Book". She cited decades-old missile timing data that remains unchanged even today.
Ex-Aussie cricketer Michael Slater sentenced to 4 years jail, but set to walk free after domestic violence charges
Former Australian cricketer Michael Slater has been sentenced to four years in prison for domestic violence charges, but will be released due to time already served. The 55-year-old faced charges including stalking, assault, and contravening a domestic violence order, stemming from incidents between December 2023 and April last year. Slater's sentence is suspended for five years.
Indian national charged for molesting Singapore Airlines stewardess
Rajat, a 20-year-old Indian national, faces charges in Singapore for allegedly molesting a 28-year-old Singapore Airlines cabin crew member on a flight from Australia. The incident reportedly occurred on February 28, with Rajat accused of grabbing the crew member and forcing her into a lavatory.
Asian markets advance ahead of earnings reports by US tech giants
Asian markets rose Monday while US futures declined ahead of Big Tech earnings amid ongoing trade tensions under Trump. The trade war, weaker dollar, and recession fears unsettle investors. Oil prices fell, and Bitcoin surged. Markets in many regions were closed for Easter, and US economic credibility faced growing skepticism.
Dollar weakens on concerns about Fed's independence under Trump
The dollar weakened significantly on Monday due to investor concerns about President Trump's potential interference with the Federal Reserve's independence, sparked by his comments regarding Fed Chair Jerome Powell. This uncertainty, coupled with existing worries about trade policies, led to the dollar hitting multi-year lows against the euro, yen, and Swiss franc.
Load More
