Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks throughout a press convention in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark coverage rates for a second straight time, pushing them to their highest since April 2025 at 4.1%, amid sticky…

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Hang Seng Index, Kospi, Nikkei 225

Hang Seng Index, Kospi, Nikkei 225

19 November 2025, China, Shanghai: Boats sail previous downtown Shanghai on the Huangpu River. The tallest constructing on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images South Korea’s Kospi plunged 8% Wednesday, on observe for its worst day since August 2024, and increasing a steep selloff from…

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