Image: iStock When the Reserve Bank of Australia (RBA) signaled on Tuesday that it was cutting the cash rate to 3.6 per cent, the Sydney room of financial journalists descended …
Latest in Finance and Business News
- Finance and Business News
Record Migration Places Australia’s Rental Market at Breaking Point
by Team Crafminby Team CrafminAustralia’s rental crisis has just hit another boiling point. Net overseas arrivals in May 2025 hit a record more than 33,000 people in one month—the highest on record for that …
- World NewsFinance and Business News
Simply Good Foods Stock Rating & Q3 Outlook
by Team Crafminby Team CrafminSales Increase, But Margins Are Impacted Simply Good Foods has reported a strong Q3 performance with a net sales increase of 13.8% to approximately US $381 million. The growth was primarily …
- World NewsFinance and Business News
USD/JPY jumps on U.S. dollar strength amid Fed caution and Japan tariff risk
by Team Crafminby Team CrafminWhat is driving the recent USD/JPY surge? Seeing USD/JPY go on a big upward run this week, testing the highs close to 147.40, the best there in several weeks, the …
- World NewsFinance and Business News
NZD/USD retreats after testing 0.6045 resistance
by Team Crafminby Team CrafminThe NZD/USD pair is retreating after testing the resistance of 0.6045. The Kiwi had shown initial strength, but selling pressure had started building after hitting technical obstacles. Despite the slide, …
- World NewsFinance and Business News
Gold Eyes $3,392 as Trump Tariffs Jolt Global Markets
by Team Crafminby Team CrafminThe gold price saw an upward thrust on Friday when markets reacted against President Donald J. Trump over his sweeping trade melees. Coming in the wake of global tensions being …
- World NewsFinance and Business News
CRA Disallows Rental Loss Claim on Family Lease Agreement
by Team Crafminby Team CrafminThe Canada Revenue Agency (CRA) disallowed the rental losses of a taxpayer after he rented his home to his mother at discounted rent. The CRA did not hold the scenario …
- World NewsFinance and Business News
Trump’s 50 % Tariffs on Brazil and Copper Rattle FX Markets
by Team Crafminby Team CrafminPresident Trump announced sweeping 50% duties on Brazilian imports and another 50% duties on copper, with effect from 1 August. Markets immediately reacted as Brazilian assets weakened, and the changes …
- World NewsFinance and Business News
USD Rate Decreases in Nepal: Nepal Rastra Bank Releases Updated Forex Rates
by Team Crafminby Team CrafminThe Nepal Rastra Bank (NRB) has released the updated foreign exchange rates with a slight mark: the USD rate in Nepal goes down. The USD buying rate is Rs. 136.82, …
- World NewsFinance and Business News
Singapore Forex Reserves Beat Expectations, Reinforcing Economic Stability
by Team Crafminby Team CrafminIn June 2025, the Singapore forex reserves surpassed forecasts, hence further reinforcing the power of the city-state with its financial muscle. This money lies in the reserve $515.8 billion by …