Westpac FY profit falls 2%; to sell RAMS home loans unit

Westpac also said it will sell its RAMS mortgage unit– worth at least A$21 billion– to a consortium including Pepper Money, KKR, and Pimco. The sale will be at a “slight premium to the gross loan ...

Trump says he will not attend Supreme Court’s oral tariff arguments

WASHINGTON (Reuters) -U.S. President Donald Trump said on Sunday he will not attend the Supreme Court’s upcoming oral arguments concerning the legality of his global tariffs.

US probes near miss between Southwest Airlines jet and helicopter

A mid-air collision between an American Airlines regional jet and a U.S. Army helicopter on January 29 killed 67 people near Ronald Reagan Washington National Airport outside the U.S. capital and ...

US not planning nuclear explosions at this time, energy secretary says

WASHINGTON (Reuters) -The nuclear weapons testing ordered by U.S. President Donald Trump will not involve nuclear explosions ...

Hegseth visits South Korea for talks on U.S. troops, tour of DMZ border

SEOUL (Reuters) -U.S. Defense Secretary Pete Hegseth visits South Korea on Monday for talks expected to involve Washington’s goal of reshaping the role of U.S. troops in Korea in an evolving security ...

RBNZ stress test finds top banks strong against geopolitical risks

New Zealand central bank is responsible for the prudential supervision and regulation of the country’s banks. It undertook the stress tests of ANZ , Bank New Zealand owned by National Australia Bank , ...

Bessent says high US interest rates may have caused housing recession

Bessent said that, although the overall U.S. economy remains solid, high mortgage rates still hinder the real estate market.

’We’re not a violent city’: Chicago locals take on ICE block-by-block

Chicago, a city of 2.7 million, has long been known as a patchwork of close-knit neighborhoods. And since the city took ...

Here’s why BCA says China’s "anti-involution" policies may not end deflation

Investing.com - China’s government has a deflation problem. Downward price pressures in the world’s second-biggest economy ...

UK police say train stabbings carried out by lone attacker, not terrorism

HUNTINGDON, England (Reuters) -A 32-year-old British man was the sole suspect accused of a mass stabbing on a train in England, after another man arrested in the case was released on Sunday with no ...

OPEC+ agrees to small December oil output hike, and Q1 pause

LONDON (Reuters) -Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a ...

BYD’s October vehicle sales down 12% from year earlier

BEIJING (Reuters) -Chinese automaker BYD said on Saturday its October sales dropped 12% from the same month a year earlier to 441,706 vehicles. The update on global deliveries came in a post on Weibo ...