The pound trades against the dollar at levels last seen in the early 1980s as the UK struggles to fight inflation.
Prime Minister Anthony Albanese says reforms would allow banks to ‘protect their customers’.
Shares in casino operators jump 13 percent after leader says China will resume e-visa scheme and permit group tours.
Reported resumption of cross-border trains comes after services were suspended in April due to an outbreak of COVID-19.
Miftah Ismail is the fifth finance minister to quit in four years as Pakistan’s economic woes worsened by recent floods.
Dozens of migrants drown as their boat sinks on way to Europe.
Lebanese banks to remain shut ‘indefinitely’ after a series of holdups by angry depositors.
The prospect of a harsh winter is dominating the Italian vote, with many voters worried about sky-high gas bills.
The new finance minister’s tax cuts send the British pound to a 37-year low.
Optus chief executive Kelly Bayer Rosmarin says “sophisticated” actor was behind the cyberattack.
Japanese prime minister’s comments come after Tokyo buys yen to support the currency for the first time since 1998.
Essential Middle East explores the crisis that has resulted in the rise of bank heists in Lebanon.
And how does he plan to save the UK’s imperilled economy?
Telecom says it is probing possible unauthorised access of information including names, addresses and passport numbers.