Markets and investing
Friedland-backed miner approves US-supported scandium project in Australia
Sunrise Energy Metals will develop the Syerston scandium mine and refinery in New South Wales, targeting production in 2028.
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Markets and investing
Iran proposes reopening Strait of Hormuz within 48 hours if US conditions are met
Iran has offered to resume shipping through the Strait of Hormuz within two days if Washington takes specified steps, as President Donald Trump described negotiations as progressing while military tensions remained high.
Markets and investing
Australian home prices fall for seventh consecutive month as rate hike looms
Australian home prices declined 1.2% in October, marking their seventh straight monthly drop and the sharpest downturn in four decades, according to Cotality.
Markets and investing
Indonesia’s MSCI Crisis Linked to Wash Trades and 5,000% Stock Rallies
Trading schemes that enriched some Indonesian tycoons have brought the country close to a potentially costly downgrade by MSCI, amid extreme movements in lesser-known stocks.