This Month
Bank of England boss ‘optimistic’ interest rate cuts are coming
The BoE left its benchmark unchanged at 5.25 per cent, but the UK economy is looking ripe for a rate cut.
- Updated
- Hans van Leeuwen
Anglo’s South African investors open to improved BHP bid
The shareholder stance defies South African government hostility to the plan that would break up the national champion.
- Harry Dempsey and Rob Rose
- Analysis
- Renting
Why Australia’s long-suffering renters are not alone
Rents are soaring not only in Australia but also in the US, UK and Canada, preventing inflation from declining closer to central banks’ targeted levels.
- Swati Pandey, Irina Anghel and Enda Curran
Russia not looking for global power clash: Putin
Vladimir Putin now casts the war as part of a holy struggle with the West, which he says has forgotten the role played by the Soviet Union in defeating Nazi Germany.
- Updated
- Guy Faulconbridge
Australia’s defence chief rejects Chinese spying claims
In his first comments on dramatic helicopter near miss, General Angus Campbell said a Chinese pilot had acted unsafely and unprofessionally.
- Andrew Tillett
- Analysis
- Electric vehicles
This is how China’s car dealers are driving the EV revolution
Chinese car dealers are ditching foreign brands slow to respond to the EV transition, while turning to homegrown makers that have been gobbling up market share.
- Gloria Li
Garrick Club of London votes to accept female members for first time
The vote – a margin of roughly 60 per cent to 40 per cent – will open membership to women for the first time since the club’s founding in 1831.
- Mark Landler
- Opinion
- Big four accountants
Why can’t top auditors find fraud?
US regulators have put forward a series of proposals to clarify and extend responsibilities to spot wrongdoing.
- Stephen Foley
- Exclusive
- Quantum Computing
PsiQuantum in talks for bipartisan support but Coalition not swayed
PsiQuantum is confident of winning over sceptical politicians by highlighting its backing from both major parties in the US, where it has defence contracts.
- Tess Bennett
- Analysis
- Affordable housing
Why Australia’s housing crisis has gone global
Households are going backwards in 13 developed economies, including Australia, as record immigration runs into a housing crisis.
- Updated
- Randy Thanthong-Knight, Swati Pandey and Tom Rees
Russia plotting sabotage across Europe, intelligence agencies warn
Russia has begun to more actively prepare covert bombings, arson attacks and damage to infrastructure on European soil, directly and via proxies, officials say.
- Sam Jones, John Paul Rathbone and Richard Milne
Quantum computing breakthroughs draw investment back to sector
Many in the industry believe that a clear route has recently opened up to building large-scale systems that will bring real technical and business advantages.
- Richard Waters
Sunak clings on as PM by the skin of his teeth
The local elections were disastrous for the British PM, but rebel Tories have paused because the outcome suggests Labour may not be on course for a landslide.
- Hans van Leeuwen
Tories suffer historic losses in UK local elections as voters revolt
The Conservative have lost dozens of seats on local councils - a result that suggests the party faces one of its biggest-ever defeats in the upcoming general election.
- Pan Pylas
‘Twenty-five times salary’: Goldman scraps bonus cap for bankers
Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.
- Eir Nolsoe and Michael Bow
- Opinion
- AUKUS
How to make sure JAUKUS is a success
It’s a no-brainer to bring Japanese technology into AUKUS pillar 2. But it needs to take account of Tokyo’s inexperience and concerns about high-level military co-operation.
- Shingo Yamagami and Paul Maley
Macquarie profits fall; Adgemis’ tax woe; Bonza directors ‘blindsided’
Read everything that’s happened in the news so far today.
- Analysis
- UK politics
Angry, broken Britain set to push its PM off a cliff
If Rishi Sunak can’t prevent a complete hammering at 100-plus mayoral and council elections, his party might kick off yet another leadership spill.
- Hans van Leeuwen
- Opinion
- Mining
BHP is betting self-interest trumps politics on Anglo American
Convincing South Africa’s government its $60 billion takeover bid for the mining multinational is politically palatable is part of BHP’s challenge in a particularly complex deal.
- Jennifer Hewett
OECD upgrades global growth outlook as US outperforms
A faster-than-expected fall in inflation has set the stage for central banks to begin rate cuts in the second half of the year, boosting consumers’ incomes, according to the OECD.
- Leigh Thomas