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Australian shares slumped the most in over three weeks on Wednesday, as rate-sensitive sectors such as banks, technology, and real estate took a beating due to upbeat U.S. economic data that prompted...

Australias leading energy companies Woodside Energy and Santos are likely to report a steep drop in their annual earnings due to lower oil prices, while analysts expect the focus to be on the...

India needs to focus on skill development and holistic education to bridge the gap between potential and realization. Only 5% of the population is formally skilled, leaving graduates unprepared for the job market. The shift towards skill-based education, outlined in NEP 2020, is necessary for success. Formal education has minimal impact on job efficacy, making on-the-job training critical.

The Australian stock market has lifted for a third straight week at the close, but the positive streak could be short-lived.

Large US banks injected the funds into San Francisco-based bank on Thursday.

By Pete Schroeder, Tom Westbrook and Scott Murdoch

A $30 billion lifeline for First Republic Bank (FRC.N) hosed down market fears about an imminent banking collapse on Friday, but a late tumble in the troubled

Banking stocks globally battered since Silicon Valley Bank collapsed last week due to bond-related losses

The scale of stress was underscored by data on Thursday showing banks in the U.S. sought record amounts of emergency liquidity from the Fed in recent days, driving up the size of its balance sheet after months of contraction. The First Republic deal was put together by power brokers including U.S. Treasury Secretary Janet Yellen, Fed Chairman Jerome Powell and JP Morgan CEO Jamie Dimon, a source familiar with the situation said.

Sterling retreated on Wednesday, after surging on the back of stronger-than expected British business activity