Fire rages at recycling factory in Australia
Fire fighters battle a huge blaze at a waste recycling facility in Sydney, Australia, sending plumes of smoke across the city.
Fire fighters battle a huge blaze at a waste recycling facility in Sydney, Australia, sending plumes of smoke across the city.
Telstra is investigating after frustrated customers from Melbourne to Perth were unable to make calls or use the internet.
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Japanese shares were volatile on Tuesday, while the yen fell to near 150 per dollar after the Bank of Japan in a widely expected move ended eight years of negative interest rates and ushered in the nation's first policy tightening since 2007. In a week filled with central bank meetings across the globe, the BOJ heralded a new era as it shifted away from years of ultra-easy monetary policy. The BOJ set the overnight call rate its new target and said it would guide it in a range of 0-0.1% by paying 0.1% interest on excess reserves financial institutions park with the central bank.
Former Bank of Japan Assistant Governor Kazuo Momma reacts to the BOJ's decision to raise interest rates for the first time since 2007, saying further hikes are off the table. Policy makers are "not rushing in terms of normalization monetary policy for the time being," Momma, an economist at Mizuho Research & Technologies, tells Bloomberg Television's Stephen Engle during an interview in Tokyo.
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A baggage carousel mishap caused mayhem at Bali airport on the week. Find out what happened.
The Japanese yen weakened while stocks swung between small gains and losses after the Bank of Japan on Tuesday announced an end to years of ultra-easy monetary policies, marking an historic shift from a decades-long fight against deflation. In a widely expected decision, the central bank ended its negative interest rates policy and yield curve control (YCC), as well as dropping purchases of risky assets, including exchange-traded funds (ETFs). Local and international media, including Reuters, had been reporting over the past week of a likely end to most or all of the BOJ's stimulus programmes at this policy meeting.
It’s bad for the people within the royal family, it’s bad for taxpayers, and it’s bad for the people speculating on where Kate is
The board of Merck KGaA ( ETR:MRK ) has announced that it will pay a dividend on the 2nd of May, with investors...
The yen fell on Tuesday after the Bank of Japan (BOJ) ended its negative interest rate policy in a monumental but highly anticipated decision, while the Australian dollar also slid after its central bank kept rates steady. The BOJ ended eight years of negative interest rates and other remnants of its unorthodox policy at the conclusion of its two-day policy meeting, making a historic shift away from decades of massive monetary stimulus. The BOJ also said on Tuesday it will reduce the amount of government bonds it will purchase after ending its negative interest rate policy and abolishing yield curve control, while also discontinuing purchases of exchange-traded funds and Japanese real estate investment trusts.
Vladimir Putin has made at least 11 threats of nuclear war against the West since he launched his full-scale invasion of Ukraine in February 2022
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