Economy

China’s first domestically produced passenger jet has completed its maiden commercial flight, marking a milestone in the nation’s decades-long effort to compete with Western rivals in the air. China Eastern Airlines Flight MU9191 from…

A Chinese and US national flag hang on a fence at an international school in Beijing on December 6, 2018. (Photo by Fred DUFOUR / AFP) (Photo by FRED DUFOUR/AFP via Getty Images)Fred Dufour | Afp | Getty ImagesThe United States is taking an…

Commonwealth Bank believes interest rates will remain on hold for June, claiming recent economic data does not support another hike.CBA economist Gareth Aird said there was a 90 per cent chance of the Reserve Bank holding the cash rate at…

Republican leaders in the House of Representatives and the White House appear to have reached an “agreement in principle” to raise the debt ceiling — just over a week before the deadline to avoid a potential default. Republican…

Speaker of the House Kevin McCarthy talks to reporters about the debt ceiling after the departure of White House negotiators, at the U.S. Capitol in Washington, U.S., May 23, 2023. Kevin Lamarque | ReutersWASHINGTON — House Republicans have…

China's pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares' Brendan Ahern."We're seeing the incremental rebound from the Chinese consumer," the firm's chief investment officer told "ETF…

The Albanese government has slammed Liberals and Greens for “grandstanding” during the housing crisis, having now assisted more than 50,000 Australians into home ownership.Housing Minister Julie Collins said “this is just the…

Homemade pizzas, 15 guests and a small intimate ceremony in their backyard in -35 C weather. That’s how Kay and Curtis Ballance celebrated their “perfect” wedding day.The couple got married at their home in Grand Prairie, Alta., in…

Uni students and people with degrees are about to get hit with a massive increase to their student loans, including one person who managed to rack up more than $700k in debt.About three million Australians had some form of student debt as…

U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, May 22, 2023.Leah Millis | ReutersPoliticians often like to say that small businesses are the…