Australia Sets 2026 Pace by Raising Rates

Australia Sets 2026 Pace by Raising Rates

In a major Breaking News update, Australia’s central bank has raised interest rates, making it the first major economy to do so this year. The Reserve Bank of Australia (RBA) increased its key cash rate from 3.6% to 3.85%, saying that inflation is still too strong and...
Billionaire Kim eyes deals post-pandemic

Billionaire Kim eyes deals post-pandemic

This story is part of Forbes’ coverage of Korea’s Richest 2020 and remains relevant in today’s Latest News and Daily news highlights as global investors closely watch Asia markets. When Michael Kim launched a new private equity fund in late 2019, he had no idea the...